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Cardano Ecosystem

Zycrypto

02/28/2024

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Charles Hoskinson Claps Back At Cardano Critic Over His Multitasking Accusations

Charles Hoskinson has hit back at a critic who accused him of spreading himself too thin by running multiple companies. The criticism came from Jeremy Cahen, also known as “Pauly”, the founder of Not Larva...

Charles Hoskinson Claps Back At Cardano Critic Over His Multitasking Accusations

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Charles Hoskinson has hit back at a critic who accused him of spreading himself too thin by running multiple companies.

The criticism came from Jeremy Cahen, also known as “Pauly”, the founder of Not Larva Labs. In a tweet, Cahen said, “It’s no wonder that Cardano is trash. [Charles Hoskinson] runs 6 different companies. How the fuck could he do a good job? He is obviously a hyper intelligent guy, and he is obviously a complete LARP. The king of roadmaps and word salad.”

Hoskinson responded to the criticism by posting a GIF of a man laughing without commenting.

The Cardano community also jumped to the defence of their community, with one ADA supporter writing, “It’s funny you think a decentralized blockchain is run by a “CEO” or one person. Cardano would survive with IOHK_Charles, that is the reason governance is on the roadmap! ADA is a scientific peer-reviewed digital currency that is self-governed by the community, not one man”

Another member of the Cardano community, known as “Cardano Yoda” stated “The IOG team has several hundred employees and cooperates with several universities. Cardano is built by a bunch of smart people.”

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Hoskinson is the CEO of IOHK, the company behind the development of the Cardano blockchain. Notably, he is also the founder of Invictus Innovations and Ethereum, among other companies. He has also held various posts in both the public and private sectors, where he is actively involved to date.

This is not the first time Hoskinson or Cardano has faced public criticism. In a video last week, Hoskinson addressed criticism of Cardano for having no projects, no activity, and nothing being achieved on the platform. He explained that this criticism drives his efforts to showcase the various projects being built on Cardano on platforms like X.

Hoskinson further acknowledged that there is a risk in showcasing projects, as it may be perceived as an endorsement of the project, its economics, and the behaviour of the founders. However, he emphasized that his goal is to showcase the Cardano ecosystem, not to endorse individual projects.

The pundit recently addressed concerns about the block being too full of blocks. He contrasted this with past criticisms of Cardano as a “ghost chain” with no use or utility and expressed satisfaction with its ability to handle high network activity. Hoskinson further emphasized that Cardano’s growth has been achieved through community engagement and acknowledged the challenges of promoting projects without appearing to endorse them. 

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