The competition among leading blockchains, including Bitcoin, Ethereum, and Cardano, intensifies, with Charles Hoskinson of Cardano making bold claims after the recent Chang hard fork.
The competition among leading blockchains, includinThis upgrade shifts Cardano’s governance structure, positioning it as a stronger competitor against Ethereum.
At the Token2049 Conference in Singapore, Hoskinson emphasized Cardano’s advantages, stating that its new model distributes power more widely, unlike Ethereum, which he criticized for its dependency on founder Vitalik Buterin.
He described Ethereum’s governance as a “dictatorship,” arguing that Cardano’s changes ensure ongoing innovation regardless of individual leadership.
Hoskinson highlighted the new governance features that promote collaboration among representatives, allowing for regular decision-making and updates to the blockchain roadmap. He asserted that innovation will persist on Cardano whether he is involved or not.
His long-standing rivalry with Ethereum dates back to his departure from the project, which he co-founded. Since launching Cardano in 2017, Hoskinson has aimed to challenge Ethereum’s dominance, though Ethereum currently leads in adoption and market position, with Cardano trailing in the tenth spot among cryptocurrencies.
Despite common fears that global crises spell disaster for crypto markets, new data from Binance Research suggests the opposite may be true — at least for Bitcoin.
A new report by crypto analytics firm Alphractal reveals that Bitcoin miners are facing some of the lowest profitability levels in over a decade — yet have shown little sign of capitulation.
Cryptocurrency analytics firm MakroVision has shared its technical assessment of Chainlink (LINK) price action.
The U.S. Department of Justice has sentenced Dwayne Golden, 57, of Pennsylvania to 97 months in prison for orchestrating a fraudulent crypto investment scheme that stole over $40 million from investors.