Cardano Founder Faces Attack from XRP Community for Criticizing Ripple

Cardano Founder Faces Attack from XRP Community for Criticizing Ripple

By Miles

18 Dec 2023 (11 months ago)

2 min read

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Cardano founder Charles Hoskinson stands by his critique of XRP, facing backlash from the XRP community while challenging Bitcoin's necessity.

The founder of Cardano, Charles Hoskinson, has remained firm in his opinion of XRP, He claims that XRP lacks partnership and technical value. This comes one year after his initial statement and after being harassed by the XRP community for 2 years.

Responding to a query about his stance on XRP, Hoskinson cited the harassment and lack of technical similarities between Cardano and XRP as reasons for this statement. According to Hokinson, the company behind XRP serves a different purpose and doesn't align with technologies like Cardano or Ethereum.

Many members of the XRP community have attacked Hokinson because they do not accept his opinion on XRP. He hinted that he expects his response to lead to more negative posts and comments against him.

In a detailed video, Hoskinson explained his perspective, saying his comment on XRP and ripple are his opinions, not an attack.

Finally, Hoskinson describes Ripple as an interbank settlement system, different from decentralized smart contract systems like Cardano. The criticism he faced from the XRP community, led him to promise to stop discussing XRP to avoid further conflict.

Hoskinson recently made another statement that got the crypto industry to attack him. He said the crypto industry doesn't need Bitcoin to survive, which goes against the belief of many.

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