Cardano founder Charles Hoskinson insists that Cardano bears a similarity to XRP and the pioneering blockchain network Bitcoin.
Bitcoin, Cardanoand the XRP Ledger is undoubtedly one of the leading Layer 1 Blockchains in crypto, but beyond that it can be difficult to see similarities between the three projects. Recently, however, Cardano founder Charles Hoskinson suggested that there is at least one.
Bright future
Charles Hoskinson has claimed that Bitcoin, Cardano and XRP have a bright future. The Cardano founder expressed this view in a broadcast on Sunday, December 22ndand claims that the ecosystems surrounding these blockchains are strong because they have overcome several hurdles and challenges.
He emphasized that projects that grew large without being tested often fail when faced with those tests, citing Terra (LUNA) and FTX as prime examples.
Partnerships
— Charles Hoskinson (@IOHK_Charles) December 22, 2024
Hoskinson’s statements on Sunday’s program came as he addressed them Power struggles in the Cardano community between Input Output Hong Kong, the main development company behind the network, and the Cardano Foundation, a Switzerland-based non-profit organization whose mission is to promote the widespread adoption of blockchain, which has recently come to the fore as the network launches the Community governance strives for.
In the most recent broadcast, he described the public disputes as a “necessary evil” and an integral part of any transparent, decentralized process, especially when the community has not had the opportunity to interact in this way for years.
However, he claimed that arguments like these are often followed by progress as people find common ground…
