The founder of the Cardano (ADA) blockchain has poked fun at Vitalik Buterin, one of the Ethereum (ETH) network’s founders.
Hoskinson, an American mathematician and co-founder of the Ethereum blockchain platform, made a sly remark about his former partner’s network on Twitter.
Buterin’s Twitter conversation, in which he was contemplating the contradictions he had regarding Ethereum, decentralized finance (DeFi), and democracy in general, prompted the post:
“Contradiction between my desire to see Ethereum become a more Bitcoin-like system emphasizing long-term stability and stability, including culturally, and my realization that getting there requires quite a lot of active coordinated short-term change.”
The Canadian computer scientist also considered the contradictions between his desire for Ethereum to become an L1 that can withstand truly extreme conditions and my realization that many key Ethereum apps already rely on far more vulnerable security assumptions than what we consider acceptable in Ethereum protocol design.
Charles Hoskinson, who is also a co-founder of Ethereum, founded Cardano. Hoskinson had a falling out with the Ethereum team in 2014 over a disagreement with Ethereum co-founder Vitalik Buterin on whether the project should be commercial or not.
Hoskinson went on to establish Cardano, a scalable, interoperable, and long-lasting blockchain that competes directly with Ethereum and other Layer-1 smart contract platforms.
Cardano employs a proof-of-stake blockchain that relies on network validators to process transactions and maintain the network, whereas Ethereum is anticipated to switch from Proof-of-Work (PoW) to Proof-of-Stake (PoS) later this year.