- The relationship between the founder of Cardano and ETC is going early.
- Charles says ETC is a dead project and compares it to a dead horse.
Charles Hoskinson, founder of Cardano, hit on the Ethereum Classic (ETC) and recent blockchain updates. The association between Charles and ETC is going early, and he left ETC in 2014. But he continues to support the network from the outside and has held honorary positions.
Charles Hoskinson tweet:
“ETC still grieves me for what it could have been. It is a dead project with no purpose or a real compelling argument for existence beyond malice.”
The above reply tweet was sent by the Cardano founder to an accusation made by someone ETC . community member. The Treasury proposal by Charles Hoskinson has been compared to an attempt to mine Ethereum Classic. Charles explains that his proposal for the treasury was a sustainable development for the ETC community. But the perception the followers received was about the miners’ tax.
Let-Downs from Ethereum Classic
Crypto experts see all of Charles Hoskinson’s claims about ETC mainly because he is disappointed with the network. Since “merging” will happen very soon, ETH miners are looking for an alternative blockchain transformation into PoW. But it seems that ETC has filled in to grab it is Charles’ complaint.
Meanwhile, in President Cardano’s latest podcast, the latest ETC update is only profitable for investors and has no consequences for the developer or the ecosystem. It’s also pretty deterministic about the fact that ETC’s Twitter handles aren’t back.
Despite the recent records and heights of ETC, Charles points out that it is a network without any development core and a prominent ecosystem. The current price of ETC at the time of writing is $34.27.
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