Cardano Founder Charles Hoskinson Denies Partnership With XRP
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.
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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.
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