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Cardano Founder Charles Hoskinson Refutes Claims of Abandoned Projects

Published 2023-10-08, 06:45 a/m
Cardano Founder Charles Hoskinson Refutes Claims of Abandoned Projects
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U.Today - Recently, a social media debate surrounding Charles Hoskinson, the founder of the Cardano blockchain, and allegations of abandoning projects and promises.

In response to a series of accusations by X user Fabian (@Fabian_vBergen), Hoskinson started defending the progress and governance of Cardano.

Hoskinson fires back

Reacting to the criticism, Hoskinson countered Fabian's claims with facts. He stated that the project is still under active development, despite challenges posed by a war and multiple shifts in the educational administration.

Additionally, he clarified the status of IELE as a research project and addressed why it was not pursued as a "layer one integration." also highlighted that the ERC20 converter had indeed been worked on and used by projects like SingularityNet. However, its use was mostly deprecated in favor of other initiatives like Milkomeda.

Further, Hoskinson vehemently denied IOG's complete control over , explaining that IOG, Emurgo and the Cardano Foundation (CF) are all genesis key holders. He pointed to the CIP 1694 proposal, which he claims makes the point of IOG's control irrelevant. Lastly, Hoskinson seemed to question the motivation behind Fabian's accusations.

Community's reaction

The community had varied reactions to this public exchange. Some users suggested that Hoskinson should block or mute critics, expressing that constant clarifications can be mentally exhausting and that engaging detractors might just amplify and feed negative sentiment. However, there seems to be a general consensus that the dialogue should remain open.

Some users Hoskinson's tone, arguing that name-calling might not be the most effective way to address concerns.

This article was originally published on U.Today

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