The post Cardano Founder Calls Ethereum a Dictatorship Controlled by Vitalik Buterin appeared on BitcoinEthereumNews.com.

Cardano founder Charles Hoskinson has likened the operations of the Ethereum network to a dictatorship controlled by Vitalik Buterin. In Cardano latest news, Hoskinson stated in an interview at the Token2049 conference in Singapore that the Ethereum network’s overdependence on its 30-year-old co-founder, Vitalik Buterin, has defeated the decentralization claims of the blockchain. The Cardano founder stated the Ethereum network could not do anything without the influence of Buterin, with whom he co-founded the network housing the second largest crypto asset by market cap. He further criticized Ethereum’s governance model, asserting that every plan and operation starts and ends with Buterin. Furthermore, Hoskinson insisted that nothing could be accomplished on Ethereum without Buterin. He stated that the Russian-born developer oversaw everything, from the next hard fork to the next step on the blockchain’s roadmap. “Everybody looks to him for the roadmap. Everybody looks to him for inspiration, and he’s also the only person who has enough power to rally people,” Hoskinsoin stated, adding that the Ethereum network will not effectively execute its next hard fork without Buterin. Notably, Hoskinson was one of the eight founders of the Ethereum network. However, his aspirations for the project conflicted with Buterin’s, leading to his layoff at a 2014 congregation in Switzerland. Buterin Altering Ethereum’s Roadmap The Cardano founder also accused Buterin of altering Ethereum’s original roadmap to shard the network, allowing the blockchain to incorporate rollups and layer-2s. This model was widely seen as monolithizing the blockchain to scuffle multichain. With this model, the Ethereum network became scalable and housed several layer 2s and zero-knowledge (zk) rollups like Arbitrum, Base, Polygon zk, and Optimism. According to Hoskinson, Buterin came up with the idea of L2s, drumming up the innovation until the Ethereum developers bought it. The IOHK founder explained that Ethereum preferred a…

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Filed under: News - @ September 25, 2024 7:22 am