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Tuesday

21 September 2021

Cardano (ADA) founder wins $50,000 bet on Alonzo launching on time

Cardano (ADA) founder wins $50,000 bet on Alonzo launching on time


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Cardano (ADA) founder wins $50,000 bet on Alonzo launching on time.

Input Output Global (IOG) CEO Charles Hoskinson won a $50,000 bet, with Polymarket, on Cardano launching smart contracts on time.

Given IOG’s patchy history with meeting rollout deadlines, some had questioned whether smart contracts would be live on deadline day.

Comparing this to Ethereum’s heuristic approach, Hoskinson said:.

On losing the bet with Hoskinson, Polymarket made good on the deal and graciously accepted they were wrong about smart contracts on Cardano not launching on time.

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