Cardano’s Hoskinson Rattles XRP Hive with ETHGate Memes

Charles Hoskinson taints his already contentious relationship with XRP by poking fun at ETHGate.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
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Charles Hoskinson cartoon smiling face front. Dagger mountain in the background, circle of fire and XRP logo in the centre.
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  • Charles Hoskinson took a jab at the XRP community. 
  • The Cardano founder poked fun at ETHGate theories. 
  • The XRP community didn’t hold back and retaliated. 

Charles Hoskinson’s long-standing feud with the XRP community continues to persist, with the Cardano founder mocking them with ETHGate memes, further intensifying his strained relationship.

Charles Hoskinson Picks a Fight with the XRP Community

On Sunday, October 15, Charles Hoskinson swiped at the XRP community, poking fun at their ETHGate theories. The Cardano founder wittily mentioned that his favorite pastime was ruffling the ‘XRP ETHGate Hornet’s nest feathers with some memes.

The XRP community retaliated by ribbing the Cardano founder for his unceremonious provocation. Several members accused Hoskinson of being involved with the supposed corruption surrounding ETHgate, considering his actions. 

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However, Hoskinson promptly dismissed the claims as ‘conspiratorial thinking,’ clarifying he parted ways with Ethereum in June 2014 and wasn’t involved with the project when former SEC director William Hinman declared Ethereum and Bitcoin as non-securities. 

Besides the barrage of accusations against Hoskison’s supposed involvement in ETHGate, many users unleashed an arsenal of memes, challenging Hoskinson’s earlier statement that the SEC’s actions were not driven by corruption but by favoritism. 

On the Flipside

  • Following the SEC’s attack on Cardano, Hoskinson tried to mend bridges with the XRP community. 
  • The Cardano Founder vowed never to comment or mention XRP and its ongoing lawsuit after drawing fire from the XRP community for his comments on a public forum in December 2022. 

Why This Matters

Considering Hoskinson’s popularity and status, his comments and views could potentially hurt the legitimacy of XRP’s ETHGate narrative. 

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This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

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Insha Zia
Insha Zia

Insha Zia is a senior journalist at DailyCoin covering crypto developments, especially in the Cardano ecosystem. With a Bachelor of Science in Computer Systems Engineering, he delivers high-quality articles with his technical background and expertise in data analysis and programming languages, aiming to educate and inform readers accurately, transparently, and engagingly. Insha believes education can drive mass adoption of the crypto space, and he is committed to giving DailyCoin readers a better understanding of the technology.

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