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Charles Hoskinson, the founder of Cardano (ADA), addressed the crypto community from London amid a European tour that included Italy and Switzerland on Sunday. In a video update, Hoskinson dispelled rumors about his commitment to ADA while offering insights into other blockchain projects, notably Sui. Hoskinson Clarifies His Position On Sui Hoskinson began by acknowledging the polarized nature of the crypto ecosystem. “People are so radicalized and polar that they anticipate the founder of Cardano to always just say negative things about the things that people do,” he said. “If I say anything positive, there’s this immediate impression that I’m abandoning Cardano or somehow being disloyal to the project.” He emphasized that such tribalism is counterproductive. “That tribalism is intrinsically self-destructive,” Hoskinson stated. “It prevents us from learning and growing together as an ecosystem.” Hoskinson’s comments about Sui, a high-throughput blockchain project, sparked speculation about his allegiance to ADA. Addressing this, he noted his objective interest in Sui’s technology, particularly its consensus protocol developed by George Danezis, a researcher Hoskinson has known for nearly a decade. “I’ve been looking at the project with an objective eye,” Hoskinson explained. “Some of the technology comes from George Danezis […] He wrote a paper called Narwhal and Tusk, which is one of the fastest BFT protocols ever conceived—incredibly high throughput, six-figure TPS, low latency.” He clarified his position regarding Sui: “Not commenting on the distribution, the tokenomics, how they’ve launched—all those things—I haven’t looked at those things, nor do I care about them. I don’t hold any [Sui tokens], and I’m not involved with the project in any way.” Cardano Remains Number One Hoskinson also took the opportunity to reaffirm his dedication to ADA and highlighted its advancements. “Cardano is about compositionality and momentum,” he said. “When we make design decisions as an…

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Filed under: News - @ October 7, 2024 7:18 am