Cardano Founder on EOS: “I Wish People Made Better Use of Active Research in their Product Development”

    • Charles Hoskinson continues to take a jab at EOS
    • Cardano’s “blockchain in a box” approach
    • ADA down nearly 7 percent at $0.0768

    Charles Hoskinson, Cardano Founder and Ethereum Co-founder takes a dig at EOS yet again. The hate-hate relationship between two altcoins is nothing new as this time Hoskinson said EOS has no interesting ideas and people need to bring more rigor in crypto space.

    Back in 2018, he had taken a jab at Ethereum and EOS when he said,

    “there is strong evidence in the space – the amount of money you raise doesn’t really have a lot to do with your ability to succeed.”

    He had also said that EOS ICO had many fundamental faults, adding,

    “It was egregious to the core.”

    Just last month, Hoskinson criticized them again as he said,

    “This is a stark contrast to the development you see with things like EOS or with Ethereum with Casper, where they kind of adopt this lone samurai viewpoint.”

    Previously in March 2018, Hoskinson had clarified his reasons for dissing EOS,

    “There is no fight with EOS. Its EOS directly attacking us and having mobs of muppets spam our channels. I don't care about Dan's idiocy or his followers. I just can't let him lie about our protocols and academic integrity.”

    Daniel Larimer, the co-founder of EOS has also taken his own share of jabs at Cardano.

    Cardano’s “blockchain in a box” Approach

    In the meantime, Cardano’s commercial arm, EMURGO has announced the launch of a Cardano (ADA) blockchain explorer called Seiza. It will enable developers to build on Cardano blockchain and stake pool operators to run stake pools without having to set up a full node. Seiza allows ADA users to gain access to the data about all open source blockchain related information.

    Moreover, in his recent live stream, Hoskinson shared how a self node setup is the best way to implement a Testnet.

    “It basically bootstraps your own genesis block, which can be ultimately used to demonstrate the cryptocurrency working on your computer.”

    He further shared that Cardano is performing a “blockchain in a box” approach to testnet the Haskell wallet backend with the Rust node. Cardano’s is slowly making advancement in Shelley phase that aims to bring 100 percent decentralization to the Cardano network.

    On the price front, 10th largest cryptocurrency by market cap of $1.9 billion is down nearly 7 percent at $0.0768.

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    AnTy has been involved in the crypto space full-time for over a year now. Before his blockchain beginnings, he worked with the NGO, Doctor Without Borders as a fundraiser and since then exploring, reading, and creating for different industry segments.

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


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