Hoskinson: Ethereum Developer Should Have Used Snow White

Hoskinson: Ethereum Developer Should Have Used Snow White

Charles Hoskinson, Cardano founder, said Ethereum (ETH) could have developed smoothly if Vitalik Buterin used the Snow White Proof-of-Stake (PoS) consensus, Cointelegraph reported.

Hoskinson, who is also Ethereum co-founder added:

“My biggest problem is that he hasn’t divided and conquered. Like, for example, the development of Casper — with Casper, Vitalik could have gone to Cornell and went to Elaine Shi. She wrote a great protocol, called ‘Snow White,’ it’s a competitor of our ‘Ouroboros’ [Cardano PoS consensus]. And back in 2016, Elaine Shi came up with this, so he could have very easily gone there and said, ‘Here is a $5 million grant, go develop Casper.'”

It is worth mentioning that Shi is a lecturer at Cornell University, which is one of the most popular blockchain centers in the US. In 2016, she co-authored a paper on Snow White PoS which “provides the first formal, end-to-end proof of a Proof-of-Stake system in a truly decentralized, open-participation network.”

Hoskinson indicated that this will fix the “limited academic rigor” which he claims was prevalent with the development of Ethereum.

Hoskinson: Buterin should have sought help of top scientists

Hoskinson also said Buterin should have sought help of top scientists who were aware of the issue.

The Ethereum co-founder said Buterin had other ideas:

“Now he wanted to develop Casper himself, which meant he divided his time between being a CEO and being an engineer and being a scientist. And he tried to go and develop something that he had no native experience in, and had to learn the whole theory himself, even if he’s a genius. It takes time.”

Whether we agree with Hoskinson or not, this is what he believes:

“Contrast that with Cardano, where we brought scientists together and we follow the peer review process, and we systematically wrote paper after paper, and those papers went through peer review and we slowly built up the entire theory of Proof-of-Stake to a point where we felt comfortable and then we started talking about it.”

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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.