Bitcoin is ‘own worst enemy' and will lose to Ethereum: Charles Hoskinson
Bitcoin is too slow when compared to Ethereum and other proof-of-stake networks, argued Cardano founder, Charles Hoskinson. IOHK CEO and Ethereum co-founder, Charles Hoskinson, has argued that Bitcoin sits at a significant competitive disadvantage due to its slow speeds and will be usurped by proof-of-stake networks. In a five-hour Podcast with computer scientist and AI researcher, Lex Fridman, the Cardano founder argued that proof-of-stake networks offering superior speed and functionality over the original cryptocurrency, stating:“The problem with Bitcoin is that it is so slow — it's....
Related News
The founder of Cardano and co-founder of Ethereum, Charles Hoskinson, says that he expects cryptocurrencies to “play a larger role” in Afghanistan amid war with the Taliban forces.
Charles Hoskinson Sees Cryptocurrencies Playing Larger Role in Afghanistan
Charles Hoskinson, the founder of Cardano and co-founder of Ethereum, explained in an interview with CNBC Tuesday that cryptocurrencies are likely to play a larger role in Afghanistan, citing a rising need for more privacy.
The Cardano founder believes that there will be ongoing civil war in the country....
Charles Hoskinson, a famous American software developer, founder of Cardano (ADA), Co-founder of Ethereum, and a successful entrepreneur, defended fame as an arrogant crypto space debater. In Germany, Charles Hoskinson had already criticized IOTA, cryptocurrency, almost twelve months ago and impeached IOTA for false reporting on the subject matter “freedom from fees.” Related Readings | […]
Since Ethereum decided to hard fork because of the DAO incident, the network has been in limbo, the community finding itself the center of continuous controversy. The fork caused a split in the blockchain, creating a new cryptocurrency called Ethereum Classic — in turn spawning opposing community factions. Recently, Microsoft executives have met with....
Charles Hoskinson, the founder of Cardano blockchain, is perhaps one of the most controversial individuals in the crypto ecosystem. In his own words, Hoskinson has previously said ‘I’m kind of polarizing. People either like me or they hate me. There’s not a lot of people in between.’ The 34-year old serial entrepreneur took an interest […]
“What the hell is the point of Bitcoin?” asks Cardano founder Charles Hoskinson. In a recent interview with Lex Fridman, Charles Hoskinson, the founder of Cardano and co-founder of Ethereum offered his views on Bitcoin. The 33-year-old was less than complimentary, calling it “slow” and in desperate need of an upgrade. Hoskinson also took issue with the recent Bitcoin conference in Miami, comparing the whole thing to a ridiculous religious movement.“I can't for the life of me understand, what the hell is the point of Bitcoin?” asked Hoskinson.But while Bitcoin has proven itself an adaptable....