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Just-In: Cardano Founder Charles Hoskinson Cuts Ties With The XRP Community

Cardano founder Charles Hoskinson cuts ties with the XRP community due to continued criticism from the XRP army.
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Just-In: Cardano Founder Charles Hoskinson Cuts Ties With The XRP Community

Cardano founder Charles Hoskinson cuts ties with the XRP community due to continued criticism from the XRP army after his “conspiracy” comments during a recent online interview. Hoskinson said he has been trolled and harassed by some XRP followers for many days. Meanwhile, XRP influencer XRPcryptowolf assures Charles Hoskinson that the XRP community is friends with the Cardano (ADA) community.

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Charles Hoskinson Says XRP Community Has Lost an Ally

Cardano founder Charles Hoskinson in a tweet on October 11 announced cutting ties with the XRP community. He blames the XRP army for continuing to troll and harass him for a misunderstood comment related to Ripple and XRP.

“I think I’ve blocked most of the XRP trolls who continue to harass unprovoked. I’ve never seen a group so radically pick up a few words and run with it. Great job turning an ally into someone disgusted and totally checked out.”

XRP influencer XRPcryptowolf replied that the community is friends with the ADA community. The crypto Twitter can sometimes be radically insulting and full of trolls. He asked Charles Hoskinson to not stereotype an entire community based on a few trolls. It is time to be united for Ripple.

Charles Hoskinson said:

“It isn’t a few trolls. It’s been an endless harassment campaign for days. I’m done with it. I want nothing more to do with XRP. The community has accomplished nothing but harming itself.”

Furthermore, Cardano’s founder in a YouTube video explained his distress with the criticism faced by the XRP community. The XRP army even called for Charles Hoskinson’s background on Ethereum to be investigated despite he has been with Ethereum for 6 months. He earlier desired to work with Ripple and CEO Brad Garlinghouse on a proof-of-stake project. Meanwhile, the XRP price has dived 8% from a high of $0.54 to $0.48.

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Cardano Founder Clarified His Views on XRP

Cardano founder Charles Hoskinson earlier clarified his comments on Ripple and XRP. He confirmed that XRP is a commodity. Moreover, he blames legislative bodies for being negligent in passing crypto laws and resolving issues. Thus, it forces regulators the SEC and the CFTC to over-regulate the crypto market based on unfeasible regulations.

Moreover, Hoskinson earlier mentioned that XRP and ADA projects have accomplished new milestones.

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Varinder Singh

Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.

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