Cardano founder points out flaws in Ethereum and Bitcoin
Charles Hoskinson, the founder of Cardano, shares his critical views on the two leading cryptocurrencies in an exclusive Cointelegraph interview. Cardano founder Charles Hoskinson has been pointing out the flaws affecting the Ethereum protocol following its latest upgrade.A major issue, according to Hoskinson, is the locking mechanism that prevents investors from withdrawing their staked Ether (ETH) from the Beacon Chain until the completion of the next upgrade. “Ethereum is the Hotel California of cryptocurrencies. You can check in but you can't check out,” said Hoskinson in a recent....
Related News
At the Ai4 2024 conference held at MGM Grand, Las Vegas from August 12-14, Cardano founder Charles Hoskinson held a speech, focusing on the challenges of merging blockchain and AI. Romain Pellerin, CTO at Input Output, summarized the most significant points from Charles Hoskinson’s keynote speech via X. Cardano Founder: How To Merge AI And […]
Much has been said about the rivalry between Ethereum and Cardano. The issue is compounded by Cardano Founder Charles Hoskinson having had a hand in Ethereum’s early days. Some say Cardano’s design and philosophy are based upon improving the weaknesses Hoskinson identified during his time there. In particular, the slow and steady ethos, as well […]
The Cardano network has always been a fierce competitor for the Ethereum network. Naturally, this has translated into a prolonged rivalry between the communities of the two blockchains. This time around, though, Cardano founder Charles Hoskinson has also joined in on the banter between the two communities, coming directly from the Ethereum community and the […]
Charles Hoskinson, the founder of Cardano, has provided key insights into the next developmental and governance phases of Cardano and its Chang hard fork. With these plans set in motion, ADA, the native token of the Cardano ecosystem, has also seen a significant rise in a new metric, indicating a surge in investor interest and […]
Cardano founder Charles Hoskinson has predicted a quick victory of Ethereum over Bitcoin. Charles Hoskinson talked about cryptocurrencies and why he believes ethereum is poised to overtake bitcoin in the near future. He started by talking about the speed of bitcoin transactions. Pointing to the sluggishness of the network and how slow it is in […]