Charles Hoskinson Addresses Network Halt Claims
Charles Hoskinson, founder of Cardano, has refuted claims circulating on X (formerly Twitter) that the network experienced a halt. These allegations arose following a chain split incident, which was reportedly triggered by an arcane bug exploited in November 2025. Despite the incident, Hoskinson confirmed that the Cardano network did not go down.
This incident has highlighted the resilience of the Cardano network. It occurred amidst a period where ADA, Cardano's native token, saw a 16% decline in value. The event has prompted discussions about blockchain security and the responsibilities of developers within the ecosystem.
Cardano continues to assert its network integrity in the face of recent allegations. Founder Charles Hoskinson has been vocal in denying claims of a network outage, emphasizing the network's robustness.
Details of the Chain Split and Developer Response
Charles Hoskinson, founder of Cardano, directly addressed the claims of a network outage. He confirmed that no halt occurred, despite a chain split attributed to an "arcane bug" found within a cryptographic library. Hoskinson described the incident as a stress test on the network's strength, designed to reveal vulnerabilities without causing actual downtime.
Community developer Homer J accepted responsibility for triggering the chain split, explaining that it was caused by an unintended malformed transaction. Hoskinson assured the community that the Cardano network remains resilient, showcasing 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 Reaction to the Incident
The chain split incident led to a temporary decline in Cardano's native token, ADA, by more than 16% over the course of a week. At the time, ADA was trading around $0.41. The market's reaction reflected initial investor caution, but confidence began to be restored following the post-event reassurances.
No regulatory actions have been pursued in the aftermath of the event. However, concerns were raised regarding the potential legal implications for developers involved. This led to the resignation of an IOG developer who perceived a threat of law enforcement involvement.
Cardano's Long-Term Outlook and Demonstrated Resilience
Despite the short-term market dip experienced due to the incident, Cardano's overall value proposition remains strong. There is no recorded downtime for the network, which serves as an affirmation of its operational integrity and resilience against potential faults or attacks on the chain.
Hoskinson emphasized that the event served as a valuable learning opportunity for enhancing Cardano's scaling and DeFi capabilities. Industry leaders have referenced historical precedents, noting that resilience demonstrated by networks like Cardano adds confidence in future scalability and security efforts.