Cardano Founder Charles Hoskinson Denies Partnership With XRP

Coingapestaff
December 18, 2023 Updated May 16, 2025
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Cardano Founder Charles Hoskinson Reveals Why Crypto Matters In Choosing Next US President

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

Advertisement
coingape google news coingape google news
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.