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Reading: Charles Hoskinson Critiques Solana and Praises Sui Network
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COINTURK NEWS > Cardano (ADA) > Charles Hoskinson Critiques Solana and Praises Sui Network
Cardano (ADA)

Charles Hoskinson Critiques Solana and Praises Sui Network

In Brief

  • Charles Hoskinson criticizes Solana while praising Sui as a viable alternative.

  • He maintains that Cardano continues to lead in the blockchain sector.

  • Recent developments indicate Cardano's strong position in the market.

İlayda Peker
İlayda Peker 8 months ago
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Charles Hoskinson, the founder of Cardano $0.685367, criticized the Solana $158 network while praising the Sui network as a better alternative. Despite his admiration for Sui, Hoskinson emphasized that Cardano maintains its leading position in the blockchain ecosystem, providing reasons to support his viewpoint.

Contents
Cardano Founder and SolanaCardano Remains Number One

Cardano Founder and Solana

In a post on the X platform, Hoskinson stated that Sui should be the network replacing Solana. This assertion suggests that, despite Solana being one of the top layer 1 blockchains, Sui is a superior choice. He expressed satisfaction in witnessing the contributions of George Danezis to Sui’s early development and extended his wishes for their success.

This is not the first time Hoskinson has criticized Solana. As comparisons between Cardano and Solana persist, he previously commented that Solana, despite having a robust ecosystem, lacks true network value. Additionally, during a network outage in February, he humorously suggested that developers needed to restart the network to resolve the issue.

Cardano Remains Number One

Despite praising Sui, Hoskinson asserts that Cardano remains the leading blockchain in its field. Although various metrics like notable applications and user engagement may not fully justify his claim, he confidently stated, “Cardano is still number one. With decentralized governance and a promising roadmap, it leads the way.”

While he acknowledged that Sui possesses genuine innovations, he reiterated that Cardano’s approach is superior for many reasons. The recent Chang Hard Fork transitioned Cardano into the Volatile Era, focusing on decentralized governance, and Hoskinson believes this upgrade will help Cardano continue to thrive in the coming years.

Hoskinson even claimed that Cardano would surpass Bitcoin $105,470, arguing that while Bitcoin stagnates, Cardano realizes Satoshi Nakamoto’s vision and more. Another highlight in Cardano’s roadmap is the Midnight protocol, which, having recently launched its testnet, offers privacy solutions that could enhance Cardano’s value proposition.

In conclusion, Charles Hoskinson’s critiques of Solana and his praises for Sui reflect ongoing competition within the blockchain ecosystem. His hope is that Cardano continues to stand out with its decentralized governance and innovative projects.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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İlayda Peker 6 October, 2024 - 6:30 pm 6 October, 2024 - 6:30 pm
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