• Hoskinson mocked a misinformation thread on Reddit about Cardano.
• A Reddit user discredited multiple quotes from Messari’s report about Cardano.
• Cardano founder said sidechains effectively materialize Cardano’s envisioned CL.

Charles Hoskinson, the founder of the Cardano blockchain, recently expressed shock at a  pervasive misinformation thread in the Reddit crypto community forum called Smooth Brain Section about Cardano’s computing layer (CL) and settlement layer (SL).

Hoskinson has noted that sidechains effectively materialize Cardano’s envisioned CL. Upon clarifying the subject on Twitter, he sarcastically asked those pushing the earlier false narrative to ‘resume eating paint chips.’

Arguably, Hoskinson’s rage was aimed at Reddit user Awhodothey, who vehemently slammed a recent Cardano study by blockchain startup Messari.

Awhodothey disproved multiple quotes from Messari’s report in a very detailed manner. The report claimed, “Cardano developed Ouroboros Classic as its first PoS consensus mechanism and split the functions of computation and settlement into separate layers.”

However, Awhodothey called the assertion falsehood, arguing that Hoskinson’s Cardano team promised the functionality, but it never happened. The blockchain enthusiasts added:

There is no Cardano computing layer. Like IELE and KEVM, evidently, they couldn’t figure out how to do it. Cardano does not have a computational layer; everything happens on the consensus layer.

The Reddit user also pointed out that none of the smart contract developers on Cardano have managed to build a decentralized smart contract with their off-chain consensus mechanisms yet.  The user concludes his comment by saying, “All they have is centralized apps or very simple decentralized transactions so far.”

In other news, Cardano’s utility token ADA trades at $0.2448, one of its lowest points over two years.