{"id":137901,"date":"2024-09-25T18:30:27","date_gmt":"2024-09-25T15:30:27","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=137901"},"modified":"2024-09-25T15:49:50","modified_gmt":"2024-09-25T12:49:50","slug":"ethereums-centralization-undermines-its-core-principles-charles-hoskinson","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ethereums-centralization-undermines-its-core-principles-charles-hoskinson\/","title":{"rendered":"Ethereum\u2019s Centralization Undermines Its Core Principles &#8211; Charles Hoskinson"},"content":{"rendered":"<p>Charles Hoskinson, the creator of Cardano (<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/cardano\/\">ADA<\/a><\/strong>), has sharply criticized the Ethereum (<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/ethereum\/\">ETH<\/a><\/strong>) blockchain, likening it to a \u201cdictatorship.\u201d<\/p>\n<p>In a recent interview, he expressed concerns that Vitalik Buterin, Ethereum\u2019s co-founder, holds excessive power over the network\u2019s guidelines, which contradicts the decentralized principles Ethereum purports to uphold.<\/p>\n<p>Hoskinson <strong><a href=\"https:\/\/cointelegraph.com\/news\/ethereum-dictatorship-claims-cardano-founder-charles-hoskinson\" target=\"_blank\" rel=\"nofollow\">pointed out<\/a> <\/strong>that Cardano\u2019s governance model, grounded in its Voltaire era, enables community involvement in decision-making, thus preventing power from being centralized in a single individual. He noted that by incorporating these elements, Cardano effectively avoids both the chaos seen in Bitcoin and the \u201cdictatorship\u201d of Ethereum, highlighting a balance between decentralization and cohesive governance.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/binance-hits-mind-blowing-record-of-100-trillion-trading-volume\/\" title=\"Binance Hits Mind-Blowing Record of $100 Trillion Trading Volume\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/12\/binance-bnb-bitcoin-240x170.png\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Binance Hits Mind-Blowing Record of $100 Trillion Trading Volume<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>He further questioned Ethereum\u2019s reliance on Buterin, implying that the network\u2019s future adaptability could be at risk without his influence. Hoskinson also commented on Ethereum\u2019s strategic pivot from its initial plan to scale using sharding technology to its current focus on rollups and layer two solutions.<\/p>\n<p>Although this shift has made short-term scaling more manageable, he warned of the emergence of \u201cextractive layer two solutions\u201d and a decline in Ethereum\u2019s base layer activity and revenue.<\/p>\n<p>Overall, Hoskinson\u2019s comments reflect his view that Ethereum\u2019s governance and future path are overly reliant on the vision of a single individual rather than being shaped by a decentralized community.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Charles Hoskinson, the creator of Cardano (ADA), has sharply criticized the Ethereum (ETH) blockchain, likening it to a \u201cdictatorship.\u201d In a recent interview, he expressed concerns that Vitalik Buterin, Ethereum\u2019s co-founder, holds excessive power over the network\u2019s guidelines, which contradicts the decentralized principles Ethereum purports to uphold. Hoskinson pointed out that Cardano\u2019s governance model, grounded [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":46103,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22,23],"tags":[],"class_list":["post-137901","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","category-blockchain"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ethereum\u2019s Centralization Undermines Its Core Principles - Charles Hoskinson<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptodnes.bg\/en\/ethereums-centralization-undermines-its-core-principles-charles-hoskinson\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum\u2019s Centralization Undermines Its Core Principles - Charles Hoskinson\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptodnes.bg\/en\/ethereums-centralization-undermines-its-core-principles-charles-hoskinson\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoDnes EN\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-25T15:30:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/10\/ETH-vs-ADA.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"834\" \/>\n\t<meta property=\"og:image:height\" content=\"478\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Alexander Stefanov\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alexander Stefanov\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/ethereums-centralization-undermines-its-core-principles-charles-hoskinson\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/ethereums-centralization-undermines-its-core-principles-charles-hoskinson\/\"},\"author\":{\"name\":\"Alexander Stefanov\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/121029bf2ce7d5bbdab7f447d5aeebb5\"},\"headline\":\"Ethereum\u2019s Centralization Undermines Its Core Principles &#8211; 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