Cardano

Bank AI

David

<p>Charles Hoskinson, the founder of Cardano, has reaffirmed his stance against any potential partnerships with<a href="https://www.cryptopolitan.com/charles-hoskinson-reiterates-against-xrp/" rel="noopener noreferrer nofollow"> XRP,</a> citing community harassment and a lack of technical alignment. This ongoing feud between Hoskinson and the XRP community has been a persistent and divisive issue within the cryptocurrency space.</p>
<h2 class="wp-block-heading" id="the-historical-dispute-between-cardano-and-xrp">The historical dispute between Cardano and XRP</h2>
<p>In the world of cryptocurrencies, few rivalries have endured as long and as acrimoniously as the one between Cardano’s Charles Hoskinson and the XRP community. Their frequent clashes and public disagreements have become a hallmark of the industry, with both sides rarely missing an opportunity to express their disdain for each other.</p>
<p><a href="https://twitter.com/3TGMCrypto/status/1736423304628518976" rel="noopener noreferrer nofollow" target="_blank">Recently,</a> an XRP enthusiast brought up a year-old comment made by Charles Hoskinson regarding XRP. In this comment, Hoskinson had been highly critical of the XRP community, characterizing it as “toxic and petty” and dismissing any prospects of collaboration between Cardano and Ripple.</p>
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   <p lang="en" dir="ltr">🚨 REMINDER: 365 days ago, <a href="https://twitter.com/IOHK_Charles?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">@IOHK_Charles</a> dropped a bomb on the <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">$XRP</a> Community, stating… 👇👇<br><br>“XRP provides no partnership or technical value.”<br><br>Ripple's David Schwartz stepped in, urging Charles to reconsider these statements. No response. 🤷 <br><br>📉 Amidst <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">$XRP</a> struggles and… <a href="https://t.co/E7mjJP6U3q" rel="noopener noreferrer nofollow" target="_blank">pic.twitter.com/E7mjJP6U3q</a></p>— Good Morning Crypto (@3TGMCrypto) <a href="https://twitter.com/3TGMCrypto/status/1736423304628518976?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">December 17, 2023</a>
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<p>This prompted Ripple’s Chief Technology Officer, David Schwartz, to urge Hoskinson to reconsider his stance at the time. However, Hoskinson’s response remained unchanged when questioned about his current thoughts, firmly stating his opposition to any potential partnerships.&nbsp;</p>
<p>He cited two years of what he described as continuous “harassment” from the XRP community, coupled with a perceived lack of technical synergy between Cardano and XRP.</p>
<h2 class="wp-block-heading" id="incompatible-visions">Incompatible Visions</h2>
<p>Hoskinson elaborated on his position, emphasizing that XRP was fundamentally designed for a different market and purpose. He stressed that XRP should not be compared to blockchain platforms like Ethereum, Polkadot, or Algorand, which are focused on addressing similar problems.</p>
<p>&nbsp;According to Hoskinson, XRP primarily serves as an interbank settlement system and a Central Bank Digital Currency (CBDC) stack, rather than a decentralized smart contract platform.</p>
<p>Furthermore, Hoskinson expressed skepticism about the possibility of collaboration with the XRP community due to what he described as “personal attacks, harassment, and an utter inability to have a conversation.” In response to Hoskinson’s comments, the XRP community reacted with memes and allegations of corruption, perpetuating the cycle of animosity.</p>
<p>The ongoing hostility between Charles Hoskinson and the XRP community has cast a shadow of uncertainty over any potential reconciliation or collaboration. As this feud persists, the complexity of the situation deepens, making it increasingly challenging to envision a resolution soon.</p>

Cardano founder rejects XRP partnership due to community hostility

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