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This Crypto is Just Better Than Solana, According to Cardano’s Founder

06.10.2024 13:00 2 min. read Kosta Gushterov
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This Crypto is Just Better Than Solana, According to Cardano’s Founder

Charles Hoskinson, the creator of Cardano, has once again taken a jab at Solana, praising the Sui network as a more promising alternative.

While he appreciates Sui’s advancements, he firmly believes Cardano is still the leading blockchain in the industry, citing its governance and future initiatives.

In a recent post, Hoskinson stated that Sui represents what Solana could have been, suggesting it surpasses Solana, which is known as a top-tier layer-1 blockchain. His comments were prompted by his admiration for Sui’s development, particularly the work of George Danezis, an original contributor.

This isn’t the first time Hoskinson has criticized Solana; earlier this year, he noted its lack of true value despite its vibrant ecosystem. He even humorously remarked on Solana’s outages and previously pointed out the network’s focus on marketing over substance.

His latest remarks follow Edward Snowden’s assertions that Solana is centralized, which could threaten projects on the platform if regulatory scrutiny arises.

Despite his praise for Sui, Hoskinson is resolute in declaring Cardano as the premier blockchain. He emphasized its decentralized governance and robust roadmap, asserting that Cardano is “still number 1” and that its strategic approach is superior. The recent Chang Hard Fork introduced the Voltaire era, focusing on governance, which Hoskinson believes will solidify Cardano’s leadership in the coming years.

Although Cardano is advancing with innovations like the Midnight protocol testnet for enhanced privacy, its native token, ADA, has faced challenges this year, showing a notable YTD decline.

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.

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