News - Charles Hoskinson rants against Ethereum and SBF

By Mike Hesp

Charles Hoskinson rants against Ethereum and SBF

Cardano (ADA)
Ethereum (ETH)

Cardano boss Charles Hoskinson has once again shown himself combative on X. One of the triggers was a newly published biography about FTX founder Sam Bankman-Fried, who is currently on trial for fraud.

"If you look at Michael Lewis' book, there seems to be a group of people in elite circles who are desperate to publicly exonerate SBF," Hoskinson said. "We saw that with the loving treatment by the New York Times and now with a book that is basically an apology tour."

According to Cardano's founder, Cardano enjoys Sam Bankman-Fried "a free pass" in the media. This shows "how deeply corrupt things have become, especially if you have the right friends." Hoskinson did not substantiate this statement.

In another tweet he also addressed criticism from an X-user that development at Cardano was lagging behind expectations.

"The engineers in the field have a different scope and time horizon. They focus on the immediate use case and problems. You need both perspectives for an ecosystem to thrive," Hoskinson said.

De 35-year-old also lashed out to his old hobbyhorse, Ethereum. According to Hoskinson, Ethereum copies Cardano's Ouroboros consensus mechanism to get a grip on the problem of centralization.

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