Charles Hoskinson Wants Not to Be Referred to As Founder of Ethereum

Charles Hoskinson Wants to Be Only Referred to As Founder of Cardano

Charles Hoskinson, CEO of Input Output Hong Kong (IOHK), posted a tweet on his account, asking the media to stop referring to him as co-founder of Ethereum.

He, instead, asked to be referred to as the founder of Cardano to which he devoted the most of his time.

“One of these days, the Crypto media will stop using co-founder of Ethereum and just mention Cardano. And that’s going to be a really good day. There is no project or effort I’ve been involved with throughout my entire life that I’m more proud of than Cardano. Fives years++.”

Who is Hoskinson?

Hoskinson has joined the cryptography for “industry exposure”. He was appointed as the founding chairman of the Bitcoin Foundation’s education committee in 2013. Later, he met Vitalik Buterin, and became one of Ethereum’s eight founding members.   

However, Hoskinson had a different vision for the project and had disagreements with Buterin. Thus, Hoskinson exited Ethereum in June 2014. Later, he met Jeremy Wood, a former member of the Ethereum project, and formed IOHK. Cardano is the main project of the company.

After exiting Ethereum, disputes between Buterin and Hoskinson continued and this took place publically on several occasions. Both defended their projects. Hoskinson commented on his work at Ethereum:

“Cardano is far far more meaningful. We have cleared a path for how to build a proper cryptocurrency that has the ability to evolve over time to a billion person system.”

Both projects’ development in 2020

While the crypto industry faces tough times in 2020, both Cardano and Ethereum continued development. Cardano has effectively implemented the Byron Reboot after 18 months of hard work. The Byron Reboot represents a move forward towards the launch of Shelley mainnet.

Byron Reboot is said to be the network’s most important release, especially when you mean the retail side. The Byron Reboot is “100% re-written code, security audited, built with formal methods and it’s a 100% built in-house.”

The reboot was efficaciously released on the Cardano network after more than 18 months of hard work. It includes several updates to the Cardano network, including the Cardano explorer, Cardano node and the Daedalus wallet.

On the other hand, Ethereum has released the “Topaz” testnet which will be available for about three months. Topaz is the last achievement of Prysmatic before the rollout of phase 0 of Ethereum 2.0. The company also targeted a mainnet-like configuration in the previous test network ‘Sapphire’, but used smaller deposits of 3.2 ETH. For Topaz, validators have to deposit 32 ETH on the Goerli ETH1 test network to participate. This is available from now on.

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Rabea Maguid 551 Articles
Rabea Maguid is a journalist completely obsessed with crypto industry. He holds B.A. from Al-Azhar University, and has a background in journalism and economics. Rabea Maguid likes to think about the future in a positive way, and sees blockchain as a potential driver of deep societal change.