Charles Hoskinson Praises Sui Network, Insists Cardano Is Still the Number One-web3.0-php.cn

Home

web3.0

Charles Hoskinson Praises Sui Network, Insists Cardano Is Still the Number One

Susan Sarandon

Oct 07, 2024 am 06:58 AM

cardano Solana Sui Network

Once again, Charles Hoskinson, founder of Cardano, has criticized the Solana network and lauded the Sui network.

Charles Hoskinson Praises Sui Network, Insists Cardano Is Still the Number One

Cardano founder Charles Hoskinson has once again taken aim at Solana, this time praising the Sui network and its early contributor, George Danezis. Despite his appreciation for Sui, Hoskinson maintained that Cardano remains the number one blockchain.

In a recent X post, Hoskinson shared his thoughts on the Sui network, expressing admiration for the efforts of its early contributors. "It was great to see George Danezis's work (early Sui contributor) come to life and I'm sure they will have a lot of success in the field."

Hoskinson's comments come as no surprise, given his previous critiques of Solana and his preference for other layer-1 blockchains. Back in May, Hoskinson praised Near, Avalanche, and Fantom while subtly downplaying Solana's significance within the layer-1 landscape.

During a recent livestream, Hoskinson further elaborated on his stance, explaining that while Solana has a strong ecosystem, it's not adding anything substantial to the network. He also took a jab at Solana's downtime earlier this year, highlighting the network's vulnerability to external factors.

"Solana has a strong ecosystem, but I don't think it's adding anything substantial to the network. We saw what happened when the network went down for a few hours in February. Anything built on top of Solana can be quickly disrupted due to its centralization, as Edward Snowden recently pointed out."

Hoskinson's comments have sparked mixed reactions within the crypto community, with some agreeing with his assessment of Solana and others defending the network's capabilities. It remains to be seen how these critiques will impact Solana's long-term trajectory.

The above is the detailed content of Charles Hoskinson Praises Sui Network, Insists Cardano Is Still the Number One. For more information, please follow other related articles on the PHP Chinese website!

Statement

The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn

Cardano's ADA Poised for a Bull Run, Could Surge to $5 or Even Higher: AnalystAug 07, 2024 pm 03:28 PM

Cardano's native token ADA is gaining massive traction as it is poised for a potential bull run. The recent price movement of ADA breaking through a substantial resistance level is seen as a strong signal of potential upward momentum.

STX Investors Grapple with Challenges as Cardano Forecast Remains Notably Optimistic, BlockDAG's Low-Code/No-Code Platform Emerges as a Pivotal InnovationAug 13, 2024 am 03:25 AM

Trust in STX has diminished, prompting a notable drop in its market value. Small decreases in STX pricing prompt widespread sell-offs, exacerbating its fall.

Why Cardano (ADA) Holders Are in Big Trouble as Price DipsAug 06, 2024 am 03:01 AM

Even when the market was pumping this year, ADA holders weren’t particularly happy. Cardano price is now around $0.3, down over 20% this week.

Cardano (ADA) Might Be Gearing Up for a Major Boost as Development Activity Dominates the SceneAug 12, 2024 am 03:15 AM

Taking on X, formerly Twitter, market analyst Javon Marks acknowledged that ADA was eyeing a breakout that would make the altcoin skyrocket to $2.77 in the long term.

Cardano (ADA) Price Prediction: Recovery Narrative Emerges Despite Market PlungeAug 14, 2024 pm 12:43 PM

Cardano [ADA] has been one of the worst performers among the major cryptocurrencies. However, despite this, the asset has still managed to maintain its position in the top 10 largest cryptocurrency by market cap.

Cardano Rolls Out Hydra Update 0.18.0, But Will the ADA Price Resume Recovery Momentum?Aug 11, 2024 am 06:47 AM

Sebastian Nagel, a Cardano core developer, recently highlighted the release of Hydra version 0.18.0. This update introduces a key feature allowing users