Hoskinson: Cardano Eclipsera Ethereum 2.0

Hoskinson: Cardano Eclipsera Ethereum 2.0

  • Charles Hoskinson describes that Cardano will have all the functions that Ethereum 2.0 has proposed to implement and even more intelligent features.
  • If the developers of Ethereum fail to master their differences, the launch of ETH 2.0 could be further delayed, according to Hoskinson.

Cardano founder and IOHK CEO Charles Hoskinson said in a video interview with “Crypto Adapter” that Cardano is neither superfluous nor in any way inferior to Ethereum 2.0. On the contrary, Hoskinson said that Cardano can offer all the functionality that Ethereum 2.0 will offer and even implement functionality beyond that.

Cardano will be better than Ethereum 2.0

When asked if Cardano would become redundant after Ethereum 2.0 was launched, Hoskinson vehemently rejected it, describing that all of Cardano's basic protocols are already on the same level or even better than Ethereum :

All of Cardano's main protocols are better than what Ethereum 2.0 will be when completed in each category. We are more Byzantine resistant, we have an explicit blockchain-based governance that Ethereum has not even touched at all, we have a much better idea of ​​how to update the system, we have a distinctly network design better than what they have offered in 2.0 and our consensus protocols are better.

In addition, the Hydra protocol will allow Cardano to process more than a million transactions per second a day. Although Vitalik Buterin already said last year at an AMA meeting with OmiseGo that Ethereum could also achieve this performance, Cardano seems to be closer to that goal. Hoskinson also said that Ethereum is discussing too many proposals instead of focusing on a few essentials and pushing them with all the resources available:

They are about to push their entire community into a world of endless compromise and debate over the setting of this setting.

Hoskinson doubts that the change from Proof of Work to Proof of Stake, which is to be done at Ethereum this year, will be implemented quickly and deliberately. In his opinion, the change should be immediate, without endless debates and discussions on sometimes insignificant variables and problems. Hoskinson explained in detail:

Why even the fight? Go straight to Proof-of-Stake, unless you don't think it's going to last six months. It's going to be two years, three years and you've just solved your difficulty bomb, you've just solved your problems today.

Community discusses far from the facts

Hoskinson further criticizes that some trolls are spreading lies on social media and that some followers are too quick to be misled. In his view, a discussion should always be based on facts, not pure speculation. As PassionCrypto previously reported, a troll on Twitter recently spread the rumor that Shelley would not be launched this year.

Hoskinson immediately denied the lie and set the record straight. There will be no delay, so Shelley will start on time in 2020. You can watch the full interview here:


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