Ethereum

Cardano

Bitcoin

<p>Blockchain governance is a complex topic, where competing visions of decentralization are at play. While Ethereum presents itself as one of the most influential platforms in the crypto universe, Cardano’s founder, Charles Hoskinson, sees a different picture. According to him, Ethereum more closely resembles a “dictatorship” where Vitalik Buterin holds too much power. This bold critique raises profound questions about the true nature of decentralized governance and its application in the world of cryptos.</p>
<h2 id="h-ethereum-decentralisation-ou-centralisation-deguisee">Ethereum: Decentralization or disguised centralization?</h2>
<p>Charles Hoskinson’s accusation is direct: Vitalik Buterin has too much influence over Ethereum’s development, making it a sort of “dictatorship.”</p>
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<p>For Hoskinson, true decentralization can only work if no individual becomes the central figure of such a vast network.</p>
<p>Yet, Ethereum has always promoted the idea of decentralization, where the community and stakeholders play a crucial role in decision-making.</p>
<p>Hoskinson compares this situation to a dilemma that the Bitcoin network managed to avoid. For him, <a href="https://www.cointribune.com/en/bitcoin-without-rival-ethereum-collapses/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin</a> chose a simpler path, with an immutable protocol and no self-proclaimed leader.</p>
<p>The community follows a rigid consensus, far removed from the rapid evolution of networks like Ethereum. According to Hoskinson, Bitcoin, though having its own challenges, has not succumbed to the temptation of relying on a centralized leader. Ethereum, on the other hand, seems to have taken the opposite direction, heavily relying on Buterin’s vision.</p>
<p>It is true that Vitalik Buterin has always been a leading figure in Ethereum’s development, but calling it a dictatorship? Ethereum’s supporters remind us that the blockchain utilizes a combination of off-chain and on-chain governance, with the Ethereum Foundation, the community, and major players playing a crucial role in key decisions.</p>
<p>But as Hoskinson points out, if Buterin were suddenly removed from the equation, what direction would Ethereum take? A question few are ready to answer.</p>
<h2 id="cardano-a-solution-to-the-governance-trilemma">Cardano: A Solution to the Governance Trilemma?</h2>
<p>Cardano, Charles Hoskinson’s project, has often been presented as a more complete alternative to the governance issues faced by networks like Ethereum.</p>
<p>However, it is important to approach this claim with nuance. <a href="http://Charles%20Hoskinson" target="_blank" rel="noopener noreferrer nofollow">Hoskinson</a> obviously has a personal interest in promoting Cardano, and, like any “mother protecting her baby,” he naturally defends his creation with fervor.</p>
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<p>The central idea behind Cardano’s governance is to solve what Hoskinson calls the blockchain “trilemma”: finding a balance between efficiency, effectiveness, and integrity.</p>
<p>Cardano relies on a system of delegated representatives, elected by the community, for key decision-making.</p>
<p>An organization called Intersect ensures the transparency of this process, making sure power does not concentrate in the hands of a single individual. This may seem ideal on paper, but the implementation of these principles raises several questions.</p>
<p>In theory, this model aims to limit the risk of centralization. Hoskinson argues that, unlike Ethereum, Cardano does not rely on a central figure for its evolution. However, it is hard to deny that he remains, for now, a very influential voice within its ecosystem.</p>
<p>While he claims that his importance is fading over time, this transition is not yet complete. The future will tell if Cardano can truly operate without its creator’s supervision.</p>
<p>Moreover, it should be noted that Cardano’s transition to fully decentralized governance is still ongoing.</p>
<p>Hoskinson insists that, living or dead, the project will continue to progress thanks to its internal structures. Nevertheless, this statement should be taken with caution: achieving such complete decentralization is difficult in practice, and other <a href="https://www.cointribune.com/en/blockchain-en/" target="_blank" rel="noopener noreferrer nofollow">blockchains</a> that have attempted this approach have often faced unforeseen challenges.</p>

Crypto: Ethereum Is A “dictatorship” Controlled By Vitalik Buterin

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