Charles Hoskinson Denies Cardano Network Outage Claims
- Main event, leadership changes, market impact, financial shifts, or expert insights.
- Charles Hoskinson denies Cardano network outage.
- Cardano demonstrated resilience amidst chain split.
Charles Hoskinson, founder of Cardano, refuted claims on X that the network halted after a chain split incident involving an arcane bug exploited in November 2025.
This incident underscores the resilience of the Cardano network despite a 16% decline in ADA value, raising discussions on blockchain security and the responsibility of developers.
Cardano continues to assert its network integrity in the face of recent allegations, with founder Charles Hoskinson vocally denying claims of a network outage.
Charles Hoskinson Addresses the Claims
Charles Hoskinson, founder of Cardano, addressed claims of a network outage. He confirmed no halt occurred, despite a chain split attributed to an “arcane bug” in a cryptographic library. The incident was a stress test on network strength.
Community developer Homer J accepted responsibility for triggering the chain split, citing an unintended malformed transaction. Hoskinson assured that the Cardano network remains resilient, highlighting its capability to endure potential disruptions without significant downtime.
“The network did not actually go down, and it has shown that it is capable of surviving such ‘catastrophic’ events.” – Charles Hoskinson, Founder, CEO, Input Output Global (IOG)
Market Impact of the Incident
The incident caused a temporary decline in Cardano’s native token, ADA, by more than 16% over a week. Trading around $0.41, ADA’s market reflected initial investor caution but stabilized as confidence was restored post-event.
No regulatory actions have been pursued following the event. However, concerns were raised about the legal implications for developers, resulting in the resignation of an IOG developer due to the perceived threat of law enforcement involvement.
Cardano’s Future and Resilience
Despite the short-term market dip, Cardano’s value proposition remains strong. There is no recorded downtime, affirming its operational integrity and resilience amidst potential faults or attacks on the chain.
Hoskinson emphasized the event as a learning opportunity for enhancing scaling and DeFi capabilities. Industry leaders referenced historical precedents, noting that resilience akin to Cardano’s adds confidence in future scalability and security efforts.
