Ethereum

Cardano

Cryptocurrency

Pride

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 <p class="paragraph">Not long after sharing the details regarding the decentralization of the Cardano (ADA) ecosystem, Charles Hoskinson, the <a rel="noopener noreferrer nofollow" title="founder" href="https://thebittimes.com/tag/founder.html">founder</a> of its blockchain development firm Input Output Global (IOG), has criticized Ethereum (ETH) <a rel="noopener noreferrer nofollow" title="plans" href="https://thebittimes.com/tag/plans.html">plans</a> for <a rel="noopener noreferrer nofollow" title="staking" href="https://thebittimes.com/tag/staking.html">staking</a> structure redesign shared by the platform’s co-<a rel="noopener noreferrer nofollow" title="founder" href="https://thebittimes.com/tag/founder.html">founder</a> Vitalik Buterin.</p>
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 <p class="paragraph">As it happens, Hoskinson took a jab at Ethereum as he commented on a video of Buterin admitting to the overly centralized nature of current staking on the platform and describing plans to redesign its staking operations in an X post shared by user <em>Stake with Pride </em>on November 24.</p>
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    <p lang="en" dir="ltr">No worries, Ethereum 3 will have it all sorted! https://t.co/Td0Hm58eic</p>— Charles Hoskinson (@IOHK_Charles) November 24, 2023
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 <p class="paragraph">Furthermore, responding to the comment noting that he was “fuelling hostility” with Ethereum, Hoskinson refuted such observations, arguing that Vitalik was “rediscovering what we’ve been working on for almost a decade, and it’s like a new revelation,” adding that it was “extraordinary that we never get a shout-out.”</p>
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 <p class="paragraph">As a reminder, the Cardano <a rel="noopener noreferrer nofollow" title="founder" href="https://thebittimes.com/tag/founder.html">founder</a> had poked fun at Buterin and his ideas before as well, like in early October, when the Ethereum pioneer shared a post listing the advantages of suggested changes in <a rel="noopener noreferrer nofollow" title="staking" href="https://thebittimes.com/tag/staking.html">staking</a> design for users who do not have enough resources to stake on their own.</p>
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 <p class="paragraph">Meanwhile, Hoskinson recently revealed Cardano’s upcoming moves toward the “full-blown” decentralized governance structure as it enters the Voltaire era in its roadmap, including through the movements of all repositories to a community-run project called Intersect, as Finbold reported on November 17.</p>
 <p class="paragraph">Elsewhere, Cardano’s ADA token was at press time trading at the price of $0.381, which shows a decline of 2.50% on the day and a loss of 2.83% across the previous week while it still holds onto the gain of 30.08% on its monthly chart, according to the data on November 27.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/cardano-founder-slams-ethereum-s-staking-overhaul-plans-tbt71746.html">https://thebittimes.com/cardano-founder-slams-ethereum-s-staking-overhaul-plans-tbt71746.html</a></p>

Cardano founder slams Ethereum’s staking overhaul plans

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