Sign Up on MEXC
Charles Hoskinson, the founder of Cardano, has long pitted himself against the members of the XRP community. Over the last few years, the rift between the two parties has deepened, exposing a deep-seated mistrust in X’s otherwise tight-knit cryptocurrency community.
Cardano Founder and XRP Community Resume Hostilities
The ongoing feud between Hoskinson and the XRP community was thrust into the spotlight again on Sunday, with a tweet made by the Cardano founder a year ago regarding XRP resurfacing on X, the social media platform formerly known as Twitter.
In the tweet, Hoskinson blasted the XRP community, calling it “toxic and petty” and brushed off any possibility of a partnership between Cardano and XRP. At the time, Ripple CTO David Schwartz had asked Hoskinson to review his opinion of XRP, but that request was met with silence.
Meanwhile, there is no scope for a collaboration between Cardano and XRP, according to Hoskinson. Reiterating his previous stance, the Cardano founder stressed “two years of daily harassment” by the XRP community, in addition to “the lack of technical overlap between Cardano and XRP.”
The Cardano founder says XRP has a “different product market fit” and has been developed to serve a different purpose, unlike Ethereum, Polkadot, and Algorand, which aim to solve similar problems. In his view, XRP is not a decentralized smart contract system, but an interbank settlement system and CBDC stack instead.
Hoskinson emphasized that chances of a future collaboration with the XRP community are very slim—especially given the constant “personal attacks, harassment, and an utter inability to have a conversation.” His comments, however, have drawn sharp criticism from the XRP community, with some accusing him of being involved in corruption.
The Cardano founder didn’t pull any punches either, and labeled the XRP community members as “conspiracy theorists”, seemingly targeting them over their ETHGate theory yet again.
Also Read: Terra Luna Classic (LUNC) Community Rejects Key Burn Proposal, Here’s Why
The Bad Blood Between Cardano Founder And Other Crypto Communities
In recent months, the Cardano founder has grabbed headlines and eyeballs on account of his growing animosity towards other popular crypto communities. Last week, Hoskinson heavily criticized El Salvador’s Bitcoin Beach platform after the latter described Ordinal Inscriptions as “shitcoins.”
Hoskinson has also been on the receiving end of harsh criticism from members of the XRP community over his remarks about the much-debated ETHGate scandal. Advocates of this conspiracy theory alleging that the US Securities and Exchange Commission (SEC) essentially gave ETH a “free pass”. At the core of this debate is the SEC’s unwavering stance that Ether is not a security.
Also Read: Animoca Brands Reveals $172 Mln In Cash & Stablecoins, Know More Here
- BlackRock Ethereum ETF Sees Record 80,768 ETH Inflow After Huge Sell-Off Week
- Crypto Expert Reveals Why XRPR ETF Launch This Week Could Be A Bigger Deal Than Spot XRP ETF
- Bitcoin News Today: Key Indicator Turns Bearish to Neutral Ahead of Fed Rate Cut Expectations, Court Rejects Trump Appeal
- Bitwise Files S-1 for Avalanche ETF With SEC Following Delaware Registration
- REX-Osprey Dogecoin and XRP ETFs Set to Launch September 18
- Solana Price Prediction: Analyst eyes $1,250 as Galaxy Digital and Forward Industries Intensify Accumulation
- Trump Coin Price at Risk of a 16% Dive as Open Interest, Whale Selling Intensify
- Hype Price Prediction Gains Momentum — Is USHD Launch the Fuel for $72 Target?
- Bitcoin Price Prediction: Q4 Rally Looms as ETF Inflows Hit $642M—Analyst eyes $150K
- Pepe Coin Price Prediction as the Token Jumps Nearly 20% – Will Whale Accumulation Take it to $0.00003?
