Logo
Cardano Ecosystem

Crypto economy (EN)

12/18/2023

·

74 views


A Connection Between Cardano and Ripple Makes No Sense, Says Charles Hoskinson - Crypto Economy

Charles Hoskinson, founder of Cardano, reiterated his strong stance against establishing partnerships with XRP, Ripple’s cryptocurrency. This persistent disagreement between Hoskinson and the XRP community...

A Connection Between Cardano and Ripple Makes No Sense, Says Charles Hoskinson - Crypto Economy

Charles Hoskinson, founder of Cardano, reiterated his strong stance against establishing partnerships with XRP, Ripple’s cryptocurrency. This persistent disagreement between Hoskinson and the XRP community has given rise to an interesting and often confrontational dynamic.

In a recent episode of this protracted dispute, a user brought back a critical comment made by Hoskinson about XRP a year ago. In that comment, Hoskinson labeled the Ripple community as “toxic and petty,” dismissing any possibility of collaboration between Cardano and Ripple.

Two years of daily harassment by the community, the lack of technical overlap between Cardano and XRP, and the different product market fit.

Projects like Tezos, Algorand, Polkadot, Ethereum, and Cardano are solving similar problems. Ripple is built for a different purpose. The…

— Charles Hoskinson (@IOHK_Charles) December 17, 2023

When confronted again with this past comment, Hoskinson stood firm in his refusal to associate with XRP. He emphasized two years of what he described as “harassment” from the XRP community as a central reason behind his decision. Furthermore, he highlighted the lack of technical overlap between Cardano and XRP as another significant obstacle.

Hoskinson clarified that XRP has a different focus and purpose compared to Cardano. While Cardano focuses on decentralization and smart contracts, XRP, according to Hoskinson, is designed as an interbank settlement system and a Central Bank Digital Currency (CBDC) platform.

xrp cardano post

Cardano and Ripple Have Nothing to do With Each Other

Hoskinson’s refusal to consider partnerships with XRP is also based on the perception that the XRP community has been directly involved in what he describes as “constant personal attacks” and continuous “harassment.” This hostility has created an unfavorable environment for constructive dialogue and the possibility of collaboration.

Despite Hoskinson’s promise not to comment further on the XRP situation in December 2022, he once again breaks that promise, eliciting negative responses from the XRP community, which responded with memes and accusations of corruption against the ADA founder.

The controversy between Charles Hoskinson and the XRP community persists, marked by fundamental disagreements, online confrontations, and a lack of prospects for collaboration on the horizon. The prolonged hostility between both parties further complicates the possibility of mutual understanding in the future. Without more, following the line of Cardano’s founder, the two companies, at their core, are entirely opposed, making close collaboration seem senseless.

AD

TapTax - Cardano Crypto Taxes Made Simple. Available Now!

Simplify your Crypto Tax experience! From a passive holder, to day trader, to NFT project, we have your taxes covered.BUY NOW!


Read Original Article on Crypto economy (EN)

ORIGINAL SOURCE

https://crypto-economy.com/a-connection-...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


Genius Yields DEX Launched!

More from Crypto economy (EN)

See more
Cardano Founder Slams XRP Community: Calls Out 'Relentless Campaign' and Challenges XRP Founders - Crypto Economy
Crypto economy (EN)
Cardano Founder Slams XRP Community: Calls Out 'Relentless Campaign' and Challenges XRP Founders - Crypto Economy

02/20/2024

·

15 views

Related News

See more
Genius Yields DEX Launched!

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)