Cardano founder Charles Hoskinson recently addressed criticism regarding his project’s centralization issues. He also praised XRP for its technological merits, surprising many in the crypto community.
Charles Hoskinson Responds to Critics
Charles Hoskinson published a tweet responding to accusations that Cardano is centrally managed, making it inferior to Bitcoin. He pointed out the difficulty in countering misinformation, stating that it can take years to rectify such misconceptions.
Criticism of Cardano's Centralization
The critic claimed that Cardano is controlled by three entities: the Cardano Foundation, Charles Hoskinson's IOG, and Emurgo, whereas Bitcoin is controlled by none.
Praises for XRP
In early March, Hoskinson surprised the XRP community by referring to it as 'great technology' and 'a global standard.' He highlighted XRP's robust community and survival through tough cycles.
Charles Hoskinson remains committed to defending Cardano's reputation against critics and continues to appreciate other projects like XRP for their successes.
