Cardano’s Charles Hoskinson Blasts Ethereum’s Staking Process

  • A developer’s thoughts on Ethereum’s staking mechanism stirred controversy in the community.
  • Cardano Founder Charles Hoskinson capitalized on the opportunity to laud his network. 
  • Charles Hoskinson’s comments further intensified the rivalry between the two networks.

Charles Hoskinson is often at the forefront, highlighting Cardano’s superiority over its more established rivals like Ethereum, particularly when it comes to network fees, security, smart contracts, and staking processes. 

These factors have become a significant point of contention between the two networks, with Ethereum’s infrastructure frequently coming under scrutiny at the hands of Hoskinson. In the latest episode of the saga, the rowdy founder took a swipe at Ethereum’s staking mechanism, further intensifying the rivalry between the networks. 

Hoskinson Gets the Last Laugh

Recently Justin Drake, an Ethereum Developer, drew scrutiny for his thoughts on Ethereum’s staking process. In a podcast, he reasoned that he hadn’t staked much of his Ether (ETH), claiming, “When you make sausage, you know how it’s made,” implying that a deeper understanding could reveal less appealing aspects of the network’s staking mechanism. 

The analogy made rounds on Crypto Twitter, with many growing concerned about Ethereum’s staking mechanism. The developer’s action aligned with Founder Vitalek Buterin, who has also avoided staking his tokens for security purposes and potential conflict of interest. 

With the community riled up by Drake’s comments, Cardano Founder Charles Hoskinson also chimed in to add fuel to the fire. The rowdy crypto pundit, known to have staked all of his ADA, took a jab at the network in an “I told you so” moment, recalling past instances when Ethereum developers mocked Cardano’s staking infrastructure. 

It’s worth noting that this is not the first time Hoskinson has thrown mud at Ethereum. He has previously compared the network’s staking model to unconventional things, including a dumpster and a classic rock hit “Hotel California

On the Flipside

Why This Matters

Charles Hoskinson’s comment further intensifies the rivalry between the Ethereum and Cardano communities and highlights the issues with the former on a more serious forum. 

More from Charles Hoskinson:
Cardano’s Hoskinson Drags Ethereum Staking Over Controversial Buterin Video.

More on Cardano: 

Cardano Bulls Botch Support, ADA Drops 11%

Source link:




Lakers ride red-hot Rui Hachimura, Austin Reaves to Game 1 upset of Grizzlies as Ja Morant leaves with injury

LeBron James took a back seat, and Anthony Davis gave Lakers fans an injury scare.Neither mattered as the 7th-seeded Lakers scored a 128-112...

Best website builders for photographers in 2023 (UK)

As a photographer, you know that the most important thing to showcase to any potential client is your portfolio of work. It's essential...

Joel Embiid scores 36 points in return, Sixers blow out Detroit

3 observations after Embiid returns, scores 36 of Sixers' 147 in blowout win originally appeared on NBC Sports PhiladelphiaJoel Embiid's return to the...

Nvidia Omniverse enlists top electronics makers to digitalize factories

Connect with top gaming leaders in Los Angeles at GamesBeat Summit 2023 this May 22-23. Register here. Nvidia announced at Computex that electronics manufacturers...

iPhone’s Compass app is the best travel tool you’re not using

I'm not abandoning Google Maps anytime soon, but I've recently stumbled upon the joys of an app that comes with every iPhone.I'm...