Cardano Founder Just Shared Another Controversial Opinion About Ethereum

In a rather bold statement, Cardano founder Charles Hoskinson accused Ethereum of borrowing the project’s roadmap. This massive accusation came after Ethereum celebrated its 9th anniversary, drawing praise from the market. This statement by Charles Hoskinson also highlights the rivalry between the two protocols.

Cardano Founder Launches New ADA vs ETH Comparison

At first, the Decentralized Finance One (DeFi) innovator pointed to a post by Lefteris Karapetsas, the founder of the Rotki app. This post on X includes a tagged photo, naming those who attended the Ethereum launch day. From the names written in the photo, it turned out that Hoskinson was not present.

Among the participants was the phenomenal co-founder of Ethereum Vitalik Buterinhis partner Gavin Wood and Solidity creator Christian, among others. Suggestively, Cage pointed out, “Oh, look, no Charles Hoskinson.”

In response to this sarcastic statement, the Cardano founder explained that he had left the group in June 2014. Then he added: “…The world now has Cardano, and Ethereum can borrow our roadmap. It worked for everyone.”

The conversation suddenly turned to comparing Cardano and Ethereum’s performance over time. Cage shared charts to support his argument that Ethereum is performing better than Cardano. However, members of the Cardano community wouldn’t hear of it.

One X user pointed out that people in the Ethereum ecosystem are only looking to fight Hoskinson for commitment.

Ethereum Shows Excellent Performance

This vocal battle comes as Ethereum holds a unique position in the market. Spot Ethereum ETFs began trading exactly a week ago, and during that time, they have seen massive traction. Despite the price drop, a post-ETF The Ethereum Rally The coin is expected. When it finally happens, Ethereum could outperform other digital assets, including flagship cryptocurrency Bitcoin (BTC).

In terms of stakingEthereum has reached a significant milestone with around 28.1% of the altcoin’s total supply now staked. This is an all-time high (ATH) after reaching 27% a few months ago. Furthermore, it reflects the bullish sentiment for the second-largest cryptocurrency by market cap among crypto investors.

Due to the increase in ETH staked, the total volume of Ethereum on centralized exchanges has dropped to a five-month low of nearly 17 million. As a result, only 10% of ETH remains on these exchanges. These metrics confirm that Ethereum has indeed performed well, but they do not undermine Cardano’s achievements.

Learn more: NEAR Protocol Price Aims for Return to $8 as Active Addresses Hit ATH

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