Charles Hoskinson is the founder of the Cardano blockchain. Ethereum was founded by eight people, including Charles Hoskinson and Vitalik Buterin.
Cardano founder Charles Hoskinson has slammed Vitalik Buterin for his significant influence in the Ethereum ecosystem.
In an interview with Cointelegraph at Token2049 in Singapore on 25 Sep 2024, Hoskinson said that blockchain networks can either choose to keep the protocol “forever simple,” like Bitcoin, or “pick a king” to run things.
For the Cardano blockchain’s new governance model, he said that it solves the “governance trilemma” of “efficiency, effectiveness, and integrity” by using delegated representatives and a members-based organization called Intersect to distil complex governance topics down for a vote.
To further explain his point of view, Hoskinson likened Ethereum to a dictatorship. He said that Ethereum’s “entire vision” starts and ends with Vitalik Buterin.
He also claimed that everyone in the Ethereum project looks to Vitalik for the roadmap and inspiration, and that he’s the only individual with enough power to rally people.
Additionally, the Cardano founder criticized Ethereum’s roadmap for relying too much on “extractive Layer 2s” as activity and fees on the main network (L1) have dropped. Hoskinson questioned whether the push for Layer 2 solutions came from Ethereum engineers or from Vitalik Buterin, who has openly supported and advocated for them. Hoskinson also noted that while Buterin has influence over development activities, he doesn’t have total control over Ethereum’s decentralized network.
Potential Impact on Ethereum in the Future
Hoskinson criticized Vitalik for his influence on development activities but didn’t mention the potential negative impact. Some believe that if, for any reason, Vitalik were to disappear in the future, Ethereum’s price would be significantly affected. Therefore, many argue that Ethereum should have multiple leaders sharing the vision for future decisions, in order to maintain leadership and avoid potential panic.
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