Friday, December 2, 2022
 

Hoskinson Flaunts Cardano Transaction Speed, Community Reacts

  • An Ocean Systems Engineer said 1.2 million transactions occur using zero network bandwidth on Cardano.
  • Cardano’s co-founder commented that “one could almost say that they are ghost transactions.”
  • Previously, the co-founder engaged in a war of words with Ethereum developers for ignoring Ouroboros.

Yesterday, Rick McCracken, an Ocean Systems Engineer, posted a tweet bragging about the speed of the Cardano blockchain in processing transactions.

McCracken said, “Every five days, the equivalent of 1.2 million transactions occur using zero network bandwidth.” Then Charles Hoskinson, the co-founder of the Cardano network, commented on the supposed transaction efficiency that “one could almost say that they are ghost transactions.”

The statements did not sit well with some community members. A Twitter user asked the CEO why he has been making a comparison with Ethereum on just about everything. Someone else responded saying: “Well, recently they [Ethereum network] converter to proof-of-stake (PoS). So there is some competition involved, and everybody knows Ethereum, so it’s easy to show what we do better than them, I suppose.”

Earlier yesterday, Charles Hoskinson engaged Ethereum developers in a hot debate as he criticized them for ignoring Ouroboros, the first provably secure proof-of-stake protocol based on peer-reviewed research.

Hoskinson claims that the Ethereum core community despises Cardano and that its devs disregarded Ouroboros for the past five years, adding that it is a crime for them to even mention Cardano.

He also accused the Ethereum developers of viewing the Cardano community as a “cult beholden to an evil, [with an] incompetent pathological lying founder who somehow has stumbled upon stolen success.”

Hoskinson said this harms the industry since it makes adoption and collaboration more challenging. In his view, Ethereum developers are stuck on technology from 2014 and need to grow and move on.

  • An Ocean Systems Engineer said 1.2 million transactions occur using zero network bandwidth on Cardano.
  • Cardano’s co-founder commented that “one could almost say that they are ghost transactions.”
  • Previously, the co-founder engaged in a war of words with Ethereum developers for ignoring Ouroboros.

Yesterday, Rick McCracken, an Ocean Systems Engineer, posted a tweet bragging about the speed of the Cardano blockchain in processing transactions.

McCracken said, “Every five days, the equivalent of 1.2 million transactions occur using zero network bandwidth.” Then Charles Hoskinson, the co-founder of the Cardano network, commented on the supposed transaction efficiency that “one could almost say that they are ghost transactions.”

The statements did not sit well with some community members. A Twitter user asked the CEO why he has been making a comparison with Ethereum on just about everything. Someone else responded saying: “Well, recently they [Ethereum network] converter to proof-of-stake (PoS). So there is some competition involved, and everybody knows Ethereum, so it’s easy to show what we do better than them, I suppose.”

Earlier yesterday, Charles Hoskinson engaged Ethereum developers in a hot debate as he criticized them for ignoring Ouroboros, the first provably secure proof-of-stake protocol based on peer-reviewed research.

Hoskinson claims that the Ethereum core community despises Cardano and that its devs disregarded Ouroboros for the past five years, adding that it is a crime for them to even mention Cardano.

He also accused the Ethereum developers of viewing the Cardano community as a “cult beholden to an evil, [with an] incompetent pathological lying founder who somehow has stumbled upon stolen success.”

Hoskinson said this harms the industry since it makes adoption and collaboration more challenging. In his view, Ethereum developers are stuck on technology from 2014 and need to grow and move on.

 

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