- Charles Hoskinson makes bold statement followed by another.
- He says Ethereum is a victim of its own success and explains why.
- He believes Cardano is what Ethereum was meant to be and explains how.
Cardano Founder, Charles Hoskinson makes bold statement saying Ethereum is a victim of its own success, and goes on to explain why it will be the reason behind its own downfall. Meanwhile, he goes on to make an even bolder statement saying that Cardano is what Ethereum was meant to be. As a Co-Founder of Ethereum, Hoskinson’s statements add a lot of weight and hold a lot of merit.
Charles Hoskinson Makes Bold Statement
Cardano has made several strides since its debut and certainly compared to the ecosystem’s state from the last bull cycle. In just 4 years, Cardano went from a very basic ecosystem to deploying smart contracts, allowing DeFi protocols for other altcoins and Bitcoin, boosting blockchain interoperability, increasing privacy, transparency, and security, allowing NFT minting, and has become an infinitely scalable ecosystem.
What’s more, its infallible and completely decentralized governance has earned it the title of being the only truly decentralized blockchain in the space. This success is all thanks to Hoskinson leaving the Ethereum project and embarking on his own journey to build a blockchain that can withstand the ages and meet the demands of the future. After a decade of dedicated work on Cardano, the blockchain earned great recognition from the community.
Most recently, Hoskinson passed a financial audit, bringing even more integrity to himself and the blockchain. Hoskinson has said repeatedly that he built Cardano to be the best and works every day to make it so. This means that one day it will topple Ethereum as well. He believes this is inevitable and makes a bold statement. As we can see from the post above, Hoskinson says Ethereum is a victim of its own success.
The video shows how Hoskinson goes on to explain why Ethereum could be a system that could eventually eat itself alive due to being a general-purpose smart contract ledger. Response to the post shows some merit, as many state that it is common for ecosystems to face complex hurdles as the platform takes on more action, movement, and responsibilities. HE then goes on to make another bold statement.
He Says Cardano Is What Ethereum Was Meant To Be
As we can see from the post above, Hoskinson goes on to state how Cardano is now what Ethereum was meant to be. In detail, he says Cardano fulfils Ethereum’s original vision with the extended UTXO model, liquid and non-custodial staking, as well as true on-chain governance. Cardano represents principle, resilience, and the future Ethereum never achieved. Is Cardano delivering the future Ethereum missed?
