Cardano founder Charles Hoskinson fires shots at Ethereum’s programming model.
Cardano founder Charles Hoskinson has slammed Ethereum, saying the network has a terrible programming model that its team cannot change.
“Ethereum has a terrible programming model that they can’t change,” Hoskinson remarked today in a post on X.
It's getting delusion town now. Hydra is live on mainnet and evolving fast. Mithril is live as well and the first step towards a rich DA and light client strategy. We already designed a significantly better way of handling transactions via tiered pricing and Babel fees.
There's… https://t.co/2cJa8ivJGu
— Charles Hoskinson (@IOHK_Charles) August 17, 2023
ETH Maxi Says Cardano Is Following Ethereum Roadmap
Hoskinson fired shots at the popular blockchain network while reacting to a comment by an ETH enthusiast. During an exchange on X, the Ethereum proponent claimed Cardano is following Ethereum’s roadmap. However, he argued Cardano is only a few years behind Ethereum.
Furthermore, the individual speculated that Hoskinson would stop talking about the Hydra scaling solution in the next six months. He asserted that Hoskinson would later convince ADA holders that Cardano must follow Ethereum’s footsteps.
He further listed six features Hoskinson needs to implement for Cardano to achieve Ethereum’s success. According to him, these features include fee markets and data availability.
Hoskinson Reacts, Slams Ethereum
Reacting, Hoskinson highlighted some significant feats Cardano has achieved in the past few years. According to Hoskinson, Hydra scaling solution and Mithril live on the Cardano mainnet.
He added that the team behind Cardano has designed a better way to handle transactions using “tiered pricing and Babel fees.” Per Hoskinson, Cardano has had a rollup strategy since the Midnight protocol was conceived four years ago.
Hoskinson took a shot at other proof-of-stake (PoS) networks he believes are lagging in terms of development.
“The protocols and primitives had to catch up and are getting there,” he said.
Interestingly, Hoskinson specifically shaded Ethereum. According to him, Ethereum has a dumpster fire of a consensus layer. He added that Ethereum is being eaten alive by its own Layer-2 ecosystem.
On the other hand, he added that Cardano’s sidechain plans benefit both the sidechain and Cardano.
“We are living rent-free in the maxi minds. I pity them,” he added.
Hoskinson Silences Critics
Meanwhile, the prominent American entrepreneur is known for clapping back at trolls undermining Cardano’s successes. As reported earlier, Hoskinson silenced critics, including VCs and crypto media, who proclaimed Cardano’s death and irrelevance.
He informed these critics that “Cardano is here to stay” while highlighting some of the network’s recent achievements. According to a recent report by Santiment, Cardano is ranked as the third blockchain with the most development activities in the past month.
ADA Records Slight Gain While BTC & ETH Plunge
However, Cardano’s recent milestone slightly impacted the price of its native coin, ADA. At the time of writing, ADA is changing hands at $0.274, up 0.4% in the past 24 hours.
It bears mentioning that most crypto assets, including Bitcoin and Ethereum, are currently facing losses in the past day. While BTC is down 2.7% in the past 24 hours, ETH has plummeted 2.3% in the same period.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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