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Timestabloid

12/19/2023

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Unexpected Response: Cardano Creator Ends it All With XRP Community - Times Tabloid

The relationship between Charles Hoskinson, the creator of Cardano, and the XRP community has been strained for quite some time. The rift stems from comments Hoskinson made in 2022, questioning the value proposition of XRP and labeling the community as “toxic” and “petty.” In December 2022, Hoskinson stated, “XRP provides no partnership or technical value.” […]

Unexpected Response: Cardano Creator Ends it All With XRP Community - Times Tabloid

The relationship between Charles Hoskinson, the creator of Cardano, and the XRP community has been strained for quite some time. The rift stems from comments Hoskinson made in 2022, questioning the value proposition of XRP and labeling the community as “toxic” and “petty.”

In December 2022, Hoskinson stated, “XRP provides no partnership or technical value.” Hoskinson’s statements were recently shared by Good Morning Crypto (@3TGMCrypto), a pseudonymous crypto analyst on X.

Read Also: Cardano Creator Clarifies His “Grand Conspiracy” Statement With the XRP Community

Hoskinson’s remark directly contradicted the community’s belief about the XRP and its use cases.

David Schwartz, Ripple’s Chief Technology Officer (CTO), promptly urged Hoskinson to reconsider his stance. Schwartz asked the Cardano founder to wait a few days and read his statements again. However, Hoskinson remained unmoved.

Good Morning Crypto also mentioned Hoskinson’s shots fired at the XRP community, where he called them toxic and petty. The user wrote, “he even tossed in a ‘conspiracy theorist’ label in a prior post.”

Now, after a year to reconsider his statements, Good Morning Crypto reached out to Hoskinson on X to ask him if he still held those beliefs about XRP.

With XRP facing ongoing legal battles and its price struggling, Hoskinson doubled down on his previous criticisms.

Yes

— Charles Hoskinson (@IOHK_Charles) December 17, 2023

To get clarification, Good Morning Crypto asked why Charles still held his conclusion about XRP.

Charles Hoskinson Doubles Down

Hoskinson pointed to the lack of technical overlap between Cardano and XRP, emphasizing their different purposes. Projects like Tezos and Ethereum, he argued, share more common ground with Cardano than XRP.

Beyond technical differences, Hoskinson cited two years of alleged “daily harassment” as a barrier to understanding. He feels past attempts at dialogue led to an “inability to have a conversation,” with misinterpretations and personal attacks clouding the discourse.

We are on twitter, follow us to connect with us :- @TimesTabloid1

— TimesTabloid (@TimesTabloid1) July 15, 2023

Read Also: Cardano Creator Calls Out SEC To Distinguish between BTC, ETH, and ADA, XRP Community Reacts

He also questions the value of further explanation, believing it would only bring more articles, Reddit posts, and “anti-Charles” tweets. In his view, the divide is too wide to bridge.

While Hoskinson’s perspective sheds light on the discord, it doesn’t resolve the underlying disagreements about XRP’s technical merit and community dynamics. Hoskinson also shared a video, which he believes was misrepresented when pressed further about his opinion.

However, Hoskinson might want to lay off XRP and its community, as the SEC recently listed Cardano (ADA) in the Kraken lawsuit.


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Tobi Loba

Tobi Loba

Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.

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