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Cardano Ecosystem

Watcher Guru

09/25/2024

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Cardano Founder Calls Ethereum a “Dictatorship”

Cardano (ADA) founder Charles Hoskinson has bashed Ethereum in a recent interview, labeling the network a “dictatorship.” Hoskinson bashed the network and its governance structure, saying that Ethereum...

Cardano Founder Calls Ethereum a “Dictatorship”

Cardano (ADA) founder Charles Hoskinson has bashed Ethereum in a recent interview, labeling the network a “dictatorship.” Hoskinson bashed the network and its governance structure, saying that Ethereum founder Vitalik Buterin has too much say and power over the direction the network goes.

The Cardano founder goes on to compare Ethereum to how his decentralized platform is run. He claims that Cardano avoids this pitfall through its Voltaire-era governance model. This upgrade places decision-making in the hands of the community, thus preventing the concentration of power in any one person’s hands.

Cardano Founder Stirs Up Controversy: Bashes Buterin and Ethereum

Charles Hoskinson
Source: Unsplash

Further emphasizing the Buterin-dictator claims, Hoskinson says, “Everyone looks to him for the roadmap, for inspiration, and he’s the only person with enough influence to rally the community,” Hoskinson said, pointing out the reliance on Buterin. He also insinuated that Ethereum’s current momentum is solely because of Buterin. “If you removed him from the picture, what would the next hard fork look like? How quickly could they get there?”

In addition, the Cardano founder criticized Ethereum’s current Layer-2 format. He says that Buterin also was the sole brain beyond the innovation. “Where did the move to embrace layer 2s or rollups come from?” Hoskinson asked. “Was it the brainchild of some random Ethereum engineer, or was it Buterin driving the narrative, writing blog posts, talking about it, and pushing for it?” Hoskinson ultimately says that Ethereum makes too many decisions based on its founder, and it will ultimately fail if it maintains this formula.

Also Read: PayPal Enables US Businesses to Buy, Sell, and Hold Cryptocurrency

Charles Hoskinson has been known to give takes that stir up debate in the crypto community in the past. In support of his network, Hoskinson said earlier this month that the latest ADA upgrade puts Cardano ahead of Solana. The Solana network has been one of the most profitable in the crypto sphere over the last calendar year, but Cardano is one of its biggest competitors.

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