Vasil Hard Fork Includes FUD

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This came through my Twitter feed yesterday and is irrelevant as Cardano announced a change to node v1.35.3 last week. Obviously if there are any bugs found then a new updated version will be released. These updates all happen under Testnet first for a reason before a button is pushed initialising the hardfork.

Maybe sour grapes or a fear that Cardano could actually be about to bring something big to Crypto. I have read some comments that Ethereum wanted there merge to take place before the Vasil hardfork took place on Cardano so this could be just FUD being generated to try and put investors off Cardano. I think the big take from all of this was ETH's fees are not going to be reduced like they had previously said and was a big plus for their merge. Another reason is that the head of Cardano, Charles Hoskinson was a founder developer of Ethereum and when he left in order to create Cardano he vowed to make it a better blockchain.

The key words that makes me think this is this was an ex developer and ex Cardano stake pool operator so maybe he is trying to undermine the project. The crazy thing is there is room in Crypto for every project that has a decent offering and use case.

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Cardano has done literally nothing since their launch and has been all about development along with patience and has left many questioning whether they are capable of pulling off all the promises. Cardano with the cheaper fees for their DeFi will be a huge threat to Ethereum as this will be big. The number of projects involved with Cardano DeFi is growing constantly as development is off the charts and expect them to take a decent slice of market share away from Ethereum DeFi projects.

Ethereum is 2nd by market cap with Cardano in 8th, but expect to see Cardano to start climbing up the rankings as their price cannot remain at under 50c once the developments are live and running. The Cardano ecosystem is massive and is too big, supported by a community who have been waiting patiently for years.

I just see this FUD as a cheap shot as it is fine making a comment on Twitter but there is no excuse for media hyping fake news when there is no news. Crypto has had enough FUD over the years and we shouldn't be generating our own internally with in house fighting and dirty tactics as we have to be better than that and help Crypto grow with positive news stories.

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