- Cardano founder Charles Hoskinson has celebrated the wins of his blockchain network.
- At the same time, he slammed Ethereum in response to a community troll.
Charles Hoskinson, Cardano (ADA) founder has publicly condemned the programming model of Ethereum (ETH), describing it as a “terrible” one which the team cannot modify. He went on to say that the network has a dumpster fire of a consensus layer.
Hoskinson was stirred to slam the popular Proof-of-Stake (PoS) blockchain network on X (formerly Twitter) after an ETH enthusiast predicted that in the next six months, the Cardano founder will stop talking about Hydra, the protocol’s newly introduced Layer-2 scaling solution.
In addition, the Ethereum enthusiast, known as 0xNLYFANS on X, claimed Cardano was imitating ETH’s roadmap and is only a few years away from the latter. When Hoskinson eventually stops talking about Hydra, he would turn to convince ADA investors that the Cardano network must follow in the footsteps of Ethereum, per the Ethereum proponent’s tweet.
For Cardano to record the level of success that Ethereum presently commands, 0xNLYFANS suggested six features that Hoskinson may need to implement. These features include fee markets, rollups and proof architecture, account abstraction and Babel fees, a fixed finality budget, and data availability.
He tagged the last feature as a “form of 1559 to align economic sustainability” which he thinks is not politically possible.
Cardano Founder Highlights the Network’s Milestones and Achievements
In response to his bold claims, Hoskinson highlighted several milestones and upgrades which Cardano has achieved recently. He stated that both Hydra and Mithril are live on mainnet. The stake-based signature protocol Mithril went live last month as part of Cardano’s mission to make the network faster and more efficient.
The main features of the protocol are faster node syncing, improved security, and decentralized decision-making.
Also, Hoskinson reiterated that Cardano has come up with a better way to handle transactions using tiered pricing and Babel fees. It is worth noting that Cardano has always had a rollup strategy ever since the Midnight protocol was invented four years ago. The exchange of words led Hoskinson to refer to other PoS networks that he believes are not performing optimally in terms of development.
Unlike Ethereum which is “getting eaten alive by their own layer 2 ecosystem”, the Cardano sidechain brings mutual benefit to both Cardano and the sidechain. “We are living rent free in the maxi minds. I pity them,” Hoskinson added.
For a very long time, it has been Hoskinson’s tradition to counter-blast any entity that tries to downplay Cardano’s success. So far, the American entrepreneur has rebuked several critics including venture capital firms and crypto media that have voiced pessimism towards Cardano. At the same time, he does not fail to celebrate the wins and milestones of the network.
While celebrating these multiple achievements, Hoskinson emphasized that Cardano is here to stay. Data from Santiment has shown that Cardano is currently ranked as the third blockchain exhibiting massive developmental activities in the past month.
