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Cardano Founder Makes a Bold Accusation Against Ethereum

31.07.2024 8:30 2 min. read Alexander Stefanov
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Cardano Founder Makes a Bold Accusation Against Ethereum

In a recent development, Charles Hoskinson, the founder of Cardano, has made headlines by alleging that Ethereum has copied Cardano’s project roadmap.

This claim surfaced shortly after Ethereum celebrated its ninth anniversary, reigniting the longstanding competition between the two blockchain platforms.

Hoskinson’s remarks were prompted by a post from Lefteris Karapetsas, founder of the Rotki app, which featured a photo of the attendees at Ethereum’s launch day. Notably absent from the photo was Hoskinson, while prominent figures like Vitalik Buterin and Gavin Wood were present. Hoskinson clarified that he left the Ethereum team in mid-2014 and implied that Ethereum now follows Cardano’s lead in technological developments.

This exchange led to renewed comparisons between Cardano and Ethereum, with some arguing that Ethereum has seen greater success. However, supporters of Cardano were quick to dismiss these claims, suggesting that Ethereum enthusiasts were attempting to provoke Hoskinson for attention.

Despite the controversy, Ethereum has been performing well in the market. Recently launched spot Ethereum ETFs have gained significant traction, hinting at a possible market rally. Ethereum’s staking has also reached new heights, with 28.1% of its total supply now staked, reflecting strong investor confidence. Concurrently, the amount of Ethereum on centralized exchanges has dropped to a five-month low, indicating reduced liquidity on these platforms.

These positive metrics showcase Ethereum’s robust market position, while Cardano continues to maintain its own achievements in the crypto space.

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.

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