In a recent statement, Charles Hoskinson, the founder of Cardano, responded to growing concerns regarding the network”s performance, particularly amidst speculation of a potential shutdown. He emphasized that the Cardano mainnet remains fully operational and secure, clarifying that the network had not experienced any shutdown.
Hoskinson elaborated on the issues that led to reports of slowdowns, attributing them to an edge case in node implementation rather than a flaw in the core protocol of Cardano. His remarks aimed to dispel the rumors that had circulated following reports of network instability.
In his post, which he titled “Myths vs Facts,” Hoskinson stated that it is crucial to focus on verified information rather than unsubstantiated claims. This statement came in light of fears that had emerged around the network”s integrity, particularly after allegations that artificial intelligence might be implicated in the issues.
To address the slowdown, immediate action was taken by Stake Pool Operators (SPOs), engineers, and crypto exchanges, who quickly identified the problem. Their prompt response allowed for a swift patch to be implemented, ensuring the network”s continued secure operation. Hoskinson noted that the decentralized nature of Cardano facilitated a rapid resolution, with a joint incident squad working collaboratively to update the nodes.
Furthermore, Hoskinson firmly rejected the claims of any centralized rollback or a transaction-related crash that might have contributed to the perceived network issues. He clarified that the updates were executed by independent stake pool operators, underscoring the decentralization of the network.
In response to the speculation surrounding AI involvement in the network”s performance, Hoskinson confirmed that relevant authorities had been informed, adhering to responsible disclosure practices within the industry. The Cardano network typically relies on bounty channels to detect any abnormal behavior before it impacts the mainnet, although this incident had not been flagged through those usual channels.
As a result of the incident, an investigation is underway, with a report from the group Intersect expected to be published to prevent similar occurrences in the future. The coordinated efforts of independent operators have once again highlighted the resilience of the Cardano network in managing unexpected challenges.
