Based on AICryptoCore, Charles Hoskinson, founder of Cardano, denied claims of a network outage following a chain split incident attributed to an 'arcane bug' in a cryptographic library. The incident, which occurred in November 2025, led to a 16% decline in ADA's value but did not result in a network halt. Hoskinson emphasized the network's resilience and confirmed no regulatory actions were taken. A community developer, Homer J, accepted responsibility for triggering the chain split via a malformed transaction. Despite the short-term market impact, Cardano's operational integrity remains intact, with no recorded downtime.
Cardano Founder Denies Network Outage Amid Chain Split Incident
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