Cardano Developer Told Vitalik Buterin: “It’s Not to Late To Come To Cardano”
On Twitter, Cardano’s developer and founder Charles Hoskinson told Vitalik Buterin, one of the Ethereum network’s creators, to come to Cardano.
It’s worth noting that Hoskinson was a co-founder of the Ethereum blockchain technology as an American entrepreneur. Hoskinson, on the other hand, took to Twitter on May 17 to make a witty joke about his former partner’s network.
Buterin’s Twitter thread, in which he was contemplating the inconsistencies he had regarding Ethereum, decentralized finance (DeFi), and democracy in general, prompted the post:
“Contradiction between my desire to see Ethereum become a more Bitcoin-like system emphasizing long-term stability and stability, including culturally, and my realization that getting there requires quite a lot of active coordinated short-term change.”
“Contradictions between my desire to see Ethereum become an L1 that can survive truly extreme circumstances and my realization that many key apps on Ethereum already rely on far more fragile security assumptions than anything we consider acceptable in Ethereum protocol design,” he added.
Meanwhile, in response to skeptics who have labeled ADA a “obfuscated scam,” IOHK’s Chief Executive Officer, Hoskinson, has emphasized that Cardano has nothing to hide.
Concerns have been raised concerning stablecoins like Deus Finance’s stablecoin Dei, which also lost its peg, and cryptocurrencies in general, following the meltdown of LUNA and UST, which led the collapse of the Terra ecosystem.
Concerns that Cardano’s ecosystem is lacking in numerous crucial components have recently arisen.
At the moment, 937 projects are being developed on Cardano, up from 925 previously. Cardano recently welcomed the addition of eighty-four new projects, bringing the total number of NFTs projects to 5,549.
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