- Charles Hoskinson is once again in another controversy.
- This time, an Ethereum co-founder accuses Hoskinson of contributing nothing to Ethereum.
- Crypto Twitter and Hoskinson reacted to the accusations.
Charles Hoskinson is known to take shots at people on the internet with his controversial takes. However, this time the Cardano founder is on the other side of criticism, targeted for his contributions to Ethereum.
Fabian Vogelsteller, an Ethereum co-founder, accused Hoskinson of building “literally nothing for Ethereum.” While the founder supposedly meant no harm, his words garnered quite a reaction on Twitter, even from Hoskinson himself.
Charles Hoskinson Built Nothing?
On April 29, Fabian Vogelsteller stirred quite the controversy after tweeting a post about Ethereum Foundation members who built their blockchains. The post featured images of Ethereum founder Vitalik Buterin, Cardano Founder Charles Hoskinson, Polkadot Founder Gavin Woods, and Lukso Founder Fabian Vogelsteller with their net worths.
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The post didn’t sit well with Vogelsteller, who took it upon himself to correct it. He suggested Charles Hoskinson should be removed from the picture because he was never really a founder of Ethereum and was just at the right place at the right time.
While Vogelsteller clarified he meant no offense with his words, he buttressed that he had been involved in Ethereum long before it was formed and knows very well who contributed what and when.
In response to Vogelsteller’s accusations, many on Crypto Twitter quickly came to Hoskinson’s defense, flooding his post with memes and replies. Some took jabs at the Lukso founder, and others shared proof of the Cardano Founder donning an Ethereum shirt and spreading the word.
After things got out of hand, Hoskinson chimed in with his casual sarcasm.
The Cardano founder sarcastically thanked Vogelsteller for his comments while hinting at Switzerland and Cardano. Notably, Hoskinson registered the Ethereum Foundation in Switzerland and served as CEO before leaving to build IOG and Cardano in 2015 and 2017, respectively.
The rowdy founder left Ethereum when his vision did not align with Buterin.
Soon after Hoskinson’s reply, Vogelsteller again explained he meant no offense to the Cardano Founder’s work or skills. Instead, he meant Hoskinson did nothing based purely on code contributions. He added he didn’t plan to instigate blockchain drama.
To which the Cardano founder has yet to respond.
On the Flipside
- In March, Hoskinson shared that Crypto Twitter and cryptocurrency media content spread FUD instead of constructive information.
Why You Should Care
Cardano Founder Charles Hoskinson is one of the most influential figures in the Crypto community. Controversies related to the rowdy founder often reach a considerable audience. Vogelstellar could likely be using the controversy as a marketing ploy to generate interest in his project, Lukso.
FAQs
Charles Hoskinson joined Ethereum in 2013 as one of the five founders with Vitalik Buterin, Gavin Wood, Anthony Di Iorio, Amir Chetrit, and Jeffrey Wilcke. He served as the CEO for a short period, after which he left in 2014.
Charles Hoskinson left Ethereum in 2014 over a dispute with Vitalik Buterin on whether the project should be for-profit or non-profit. Hoskinson believed Ethereum should take the commercial route and become like Google, whereas Buterin believed the project should be modeled after Mozilla, a non-profit organization. Hoskinson went on to form IOHK and Cardano.
Ethereum is a long-established network and powers a wide range of Layer-2 products, giving it the second-largest market capitalization of $227 billion. In contrast, Cardano has taken an intentionally slow, dev-focused approach to its blockchain. Despite being heralded for its consistency, the project has drawn scrutiny for falling behind, which is evident in the poor growth of its market cap. At $13 billion, Cardano has a long way to go in replacing Ethereum.
Charles Hoskinson believes Cardano still has a lot of building to do and is about 85% complete. He explains that many delays and issues surrounding Cardano can be attributed to focusing on the wrong technology and being too ambitious with its roadmap. Hoskinson plans to expand Cardano’s reach in West Africa, with Ghana as a prime focus.
Read more about Charles Hoskinson’s other controversies:
Charles Hoskinson Calls Competition ‘Ignorant’ on Cardano Security
Major auction house Sotheby’s released a new NFT Marketplace:
Sotheby’s Launches New NFT Marketplace on Ethereum and Polygon
