Charles Hoskinson, mathematician and billionaire, and the creator of the Cardano blockchain, has printed a tweet to reply to a latest declare about Cardano being closely centralized and managed by just some entities.
He believes critics will proceed spreading FUD (worry, uncertainty, doubt) for a few years to return.
Hoskinson defends Cardano in opposition to criticism
Charles Hoskinson printed a tweet to reply to one more critic who accused Cardano of getting a centralized administration and stated that this “mechanically disqualifies it from being higher than Bitcoin.”
Hoskinson complained about misinformation, whose circulation is usually exhausting to cease and treatment because it takes years to stage issues down: “It takes thousands and thousands of {dollars} and years to right the trouble.”
The mathematician is for certain that critics will proceed to unfold misinformation about Cardano even in 2030.
When misinformation flows, it takes thousands and thousands of {dollars} and years to right the trouble. We’ll learn feedback like this in 2030. Welcome to the latency of fabrication https://t.co/i40f9WPmuf
The critic stated that Cardano was not decentralized but actually controlled by three entities: the Cardano Foundation and Charles Hoskinson’s IOG and Emurgo, while Bitcoin is controlled by none.
Cardano founder calls XRP “great technology”
In early March, Charles Hoskinson surprised not only the XRP community but also Ripple chief technology officer (CTO) David Schwartz when he referred to XRP as “great technology” and “a global standard.” He stated that to comment on Peter Schiff’s tweet, in which the latter commented on U.S. President Donald Trump mentioning ADA, XRP, SOL, ETH and BTC as currencies for the U.S. crypto stockpile.
Schwartz tweeted: “Am I dreaming?!” as he responded to Hoskinson’s comment. In response, the Cardano founder said that he had respect for XRP since it had survived for a decade through “many harsh cycles.” He added that XRP had “one of the strongest communities.”
Replying to Schwartz’s amazement, Hoskinson said that he had spent some time with the XRP code and protocol and, after that, he began to appreciate XRP and the Ripple CTO’s work in particular.
