The creator of Cardano has slammed Vitalik Buterin
Cardano (ADA) co-founder Charles Hoskinson poked fun at Ethereum (ETH) co-founder Vitalik Buterin after Buterin’s recent essay on the advantages of staking and more network decentralization prompted claims that Ethereum was mimicking Cardano.
On October 8, Hoskinson reposted a post by Buterin and added an animated GIF of the Muppet Kermit the Frog and the actor Christian Bale nodding at one another to ridicule the assertions made in the original post.
Indeed, the Ethereum pioneer detailed the benefits of proposed changes to the staking architecture for users who do not hold sufficient resources to stake on their own, providing them a more active role in staking and consensus participation, in a post dated October 7.
In the comments section of the post afterward, some Cardano users said that Ethereum was copying Cardano. They said that “Cardano pioneered liquid staking and delegating to pools for consensus years ago,” and that Cardano has “100% uptime, no filthy hard forks, and is the most decentralized rules as measured by block production/consensus.”
Hoskinson, in response to a remark about Ethereum’s alleged “obsession,” remarked, “they literally just admitted they need to copy Ouroboros,” a reference to Cardano’s proof-of-stake (PoS) protocol, which claims to offer the same and even better security guarantees as PoW “at a fraction of the energy cost.”
At the time of writing on October 9, Cardano was trading at $0.2509, a reduction of 2.19% in the last 24 hours, 6.07% in the last 7 days, and 1.51% in the last month compared to the most current data from October 9.