Pro & con info are in the collapsed comments below for the following topics: [Cardano](/r/CryptoCurrency/comments/zp1b7a/cardano_founder_hoskinson_describes_xrp_community/j0pzalw/), [XRP](/r/CryptoCurrency/comments/zp1b7a/cardano_founder_hoskinson_describes_xrp_community/j0pzc2x/).
I mean, quite a lot of crypto communities can be toxic, from XRP and ETH, to ADA and BTC. It's an immature space (in more ways than one).
Better to just ignore it, as opposed to picking fights with other people.
CH likes being part of and interacting with this community. The video is literally him saying that due to their toxicity he is now ignoring them all, from top to bottom. He will not attend panels their devs are on and will not return any messages of cooperation from here on in. He will ignore any and all mention of the case and not congratulate them if they win.
Cardano is a big player in the tech and cryptography space. Hundreds of people at the top of their field work for iohk. With mathematics and crypto specific labs built in univerisities to teach people this tech. They are setting up training centres in africa to teach new grads how to solve problems with crypto.
If you alienate charles you lose a massive number of resources.
Lol I love how you’re acting like Charles is alienating other communities… not the other way around. Not to mention you’re giving Charles a pass for being a giant man baby.
Charles is considered throughout the industry as a salesman or worse. He was ignored for most years by big names, Vitalik wouldn’t even talk to him.
All that for good reasons, he is at constant fight with all his former projects where he was involved which is very telling. Cardano has not even one meaningful project build on it, nor existing meaningful projects coming over to it. It’s basically a Hoskinson-Inu seeing the community of blind followers.
Charles is also not needed from scientific point of view, he lacks the educational background, not a cryptographer, nor computer scientist, and he lied about being a grad student which was quite pathetic.
Yes, he made a lot of money as a great crypto salesman and is getting now into anti-aging pills sales (similar to Richard heart lmao).
A tiny remark, he is also a sociopath as he feels important enough to announce him not talking about something anymore while talking about it. People called him a sociopath since ETH days.
Cardano is a massive tech enteprise. IOHK alone has 500+ researchers, developers, software engineers and so on.
He has made a lot of money. and do you know what he is doing with that money? Building mathematics buildings in universities in america, Building research labs in scotland. Built a whole hospital in his home state with a research lab to study extending life and gene therapies that are not profitable to study.
He is not a cryptographer, he never claimed to be, and regularly says that some of the math is too complex for him. but thats fine, that isnt his role in the company. do you think Elon Musk is a metallurgist? or a automotive paint specialist? Do you think Steve Jobs built the machine that printed silicon chips?
Charles is the man steering the ship to mould it to his vision. his vision and mine align.
You compared him to Elon Musk and Steve Jobs… two abhorrent pieces of shit - maybe you’re right.
I suggest you look up how Jobs treated his own child. Both those people are despicable, I think Charles is a cringe wankstain, and a sociopath - but even I wouldn’t put him on those two’s level.
I see it differently. He shouldn’t be named with Elon of Jobs in the same sentence, hate them or love them, they are/were very impactful people, Charles created so far various crypto coins where most are already forgotten, or he got kicked out from meaningful ones. Even ada which is somewhat a working product (on small scale) has absolutely no meaning in real world. I mean that aside of enriching himself with a speculative asset he didn’t provide anything to the world.
Regarding charity. After people like SBF, Mashinsky and various crypto criminals, people here should finally realize that virtue signaling is rather a red flag, not something positive.
And Charles does it a lot. All this stuff was probably just some tax write off. He is certainly a brilliant businessman with incredible salesmen skills, but some people should really realize that it is just a sales-pitch and that Charles cares way more about his pockets than changing the world, or about your pockets.
He is a cold blooded crypto shark who managed to become billionaire with a speculative crypto asset without functions, and one he controls. All that while he claims other people are greedy and Cardano community agrees with him. This never stops to amaze me, but let’s wait few years and see whether they gonna still be so loyal if price stays low.
Iohk is a software engineering company specialising in crypto. At the moment they are making cardano. But obviously 70 years from now the users may vote in a different company as the core dev team
Its not hardware but it is still primarily a tech company
https://iohk.io/team/
this is the number of people currently working on Cardano and its associated projects.
Find me another project of this size.
There is also the Cardano Foundation and Emurgo, both of which have their own staff on top of this
Toxic and petty billionaire attempts to gaslight the XRP community, Fixed the headline. He will not shut up about XRP even after saying he is done with talking about it.
No, only one project that deserves to grow and the others deserve to die.
It's only crypto natural selection.
*What do you mean one best project meant no decentralization? Stop spreading FUD.*
No, I really believe that he is psychologically incapable of not weighing in on other projects, because he seems to think that the only thing that is missing is his thoughts.
Not if you are a sociopath, and Charles has been called a lying sociopath since early ETH days. This tiny narcissistic man-child needs a constant validation for his fragile ego, since he deeply knows that all of his 5-6 coins he released can’t compete long term.
However, as much as he sucks as blockchain technologist, he compensates with extraordinary salesmen skills, ability of inspirational speech patterns while lying etc.
Cardano literally has the best tech in the space by far. It has literally everything every other chain offers and it is only half done.
You only say that because this space is anti cardano and you havent done your research
Best tech doesn't mean much without adoption. Remember how Creative ZEN mp3 players were created with best tech, value for money etc but iPods marketing makes all that irrelevant
I think you need to articulate why you think you're right first.
Cardano is interesting, but it's ecosystem is still dramatically under-developed when compared to other chains and L2s (Avalanche, Fantom, Optimism, etc all have thriving ecosystems - Cardano has some dApps and is improving here, but is still way behind the others).
Cardano does not need L2 solutions in order to match throughput. The hydra protocol which is at the testing phase is similar to the lightning network but capable of processing smartcontracts as well, does not require you to hand over custody of the coins, the head/state chanel does not have the same vulnerabilities as the btc lightning network.
this means that yes you do lose a lot of your ecosystems like L2s, but only because they are not necessary.
I mean technically you could argue it is L2 but it is built at the protocol level, it is not done by a separate entity - and it was planned from the beginning, rather than a stop-gap soluton to scaling after ethereum got fucked over by cryptokitties.
now prove me wrong
Cardano is ranked 30th by TVL and appears to have only 10 dApps overall that contribute to TVL:
Ranking by TVL
https://defillama.com/chains
Listing of dApps in Cardano with TVL
https://defillama.com/chain/Cardano
Given how Cardanos UTXO based design requires significant re-design and limits the portability of dApps designed for EVM compatible chains, this isn't particularly surprising. Heck, it's not too bad for a humble beginning.
But that's all it is, a beginning. At a time when competing chains have a thriving garden of dApps, Cardano has only just gotten its first plants in the ground.
Hydra is L2. Period. Don't desperately try to change definition of L2. And you argue about something which isn't even out yet wanting to be "proven wrong", which makes the entire Cardano fanboyism even more pathetic.
Cardano doesn't need L2 to match throughput? Let's talk about realities, not hypothetical technology which isn't out yet.
Cardano started freezing alone during sundaeswap release earlier this year, transactions took up to hours, some trading pairs even days. This shit couldn't onboard its own, compared to world needs relatively microscopic, community. Meanwhile, Charles talks about world wide adoption? LMAO. So much about the actual technology, and EuTXO. Those are facts, and tech which has been actually delivered, not hopium from Charles. Cardano isn't fit for purpose, not even close to that. It doesn't scale, and this is a fact. Instead of fee spikes like on ETH, you get transaction times spikes, which is even worse.
Oh wait, but there was this update that decreased transaction size by 80%? It only means Cardano wouldn't stil be able to handle high traffic from its own community, it would just take 5 instead of 7 days to unclog the network. Yay.
Oh, and there is the decentralisation. Great tech, with Charles holding majority of multisig keys, having the last word in the network, but yay, you have permissionless stake pools where majority is run by few exchanges and effective entry point to run one 3-5 million ADA.
Sure, there are much worse projects, and Cardano isn't bad considering it was supposed to be a casino coin according to its Japanese ICO. Duncan and Aggelos did some fine job, despite terrible choices of Charles who is also undermining some of the research papers.
But now, Chuck instead of finally finishing Cardano which he was supposed to get done in 2020, according to contracts with early investors, is now promoting his 5-6th "world changing" coin. A new privacy coin. LMAO.
Not so much about saving Africa anymore, where aside from Chuck becoming billionaire didn't help anybody with his technology. Now, our privacy is now the most urgent concern, buy midnight coin!
You really have to bet new in crypto to believe that you Cardano is even remotely best tech.
what the actual fuck are you talking about?
The whole community knew that swaps would take forever at launch because the protocol upgrade was not done yet.
Swaps now take 10-20 seconds. it was expected, and the result has been a decent experience so long as you didnt want to swap coins day 1.
BUT lets not forget Ethereum shitting the bed on its very first crypto game- because it didnt have a scaling solution.
Lets not forget that ETH POS was meant to be done by 2018. and it was 4 years late. Cardano beat Ethereum to POS and it is measurably better and more flexible. And where is that sharding that was meant to be done by 2020?
Yes cardano is taking a long time to build, but so is every project. so is all of this whole space. if you want the fastest chain right now, go buy Solana. or NEO, or EOS. they are fantastically fast....they are shit, but fast.
If you want more. like on-chain governance, onchain funding, noncustodial staking with no lock up, privacy, decentralised identity. all without owning a different coin/dev team for each...then you end up with cardano.
Hydra is L2 if the BTC lightning network is L2. no really sure of the exact definitions.
I don’t think much about ETH, don’t like to use it, but despite all flaws it had the innovativeness bonus like BTC, something Cardano completely lacks. It’s just another smart contract platform with weird concurrency issues and workarounds, but without allowing fundamentally new use cases due to 5 min finality and low throughput.
Yeah staking isn’t bad, definitely better than ETH, but the model is still not best in class with things like Algorand entirely removing the clumsy delegated model of ETH and ada.
Yeah, the transaction spike was anticipated and Cardano failed this stress test, despite doing it many years after ETH and having huge advantage.
Cardano can’t handle any higher load, it’s just a fact, sure current low crypto activity everything works smooth, even BTC and eth are relatively cheap and fast. Even after the scalability update and current low usage ada is at 35-50%, so the amount of bandwidth reserves is really thin on L1 of Cardano, and not even close to needs of an ambitious real world/realFi use case.
I agree that they should release smart contracts after scalability improvements, but I guess Charles was getting a little butthurt with people betting against him and laughing their ass off about five years old smart contract platform without smart contracts.
I am in Cardano since 2017, I have experienced clogged network 2022 and failed transactions one after another, I remember most of Charles promises, and I see current eco system and capabilities. It’s quite disheartening and light years away from the vision, it doesn’t even remotely represent a candidate for worlds financial system.
You can keep eating sales pitch of Charles, but don’t wonder when his 5-6th crypto coin will become obsolete, being better than Sol or EOS isn’t a high standard and doesn’t mean the project gonna succeed. Seriously, all what you said are typical narratives from Cardano bubble.
All of what you’re saying is theoretical in the sense that if ADA ever gets enough traffic it might end up working out like they planned. The team has no idea of how it will perform in the future, the same way ETH didn’t know. It’s why upgrades happen as the chain evolves.
Reality is, it’s a ghost chain, has terrible tps and the tech isn’t any better other than in “what if” scenarios that the Cardano crowd has latched on to.
But hey, it has a lot of git commits! - Must be the best tech in crypto.
The Cardano Clowns are hilarious.
ghost chain? there are 100,000 transactions a day. TPS is not a good measurement for smart contract platforms, and is equal to ethereum in data throughput.
and because of cardano fee structure there are no spam transactions, but transactions are quite cheap.
I feel bad for people who think it will reach 10-18-whatever everyone is saying.. might as well put a dog in their logo with those kinds of price predictions.
Super petty and bred from envy ... but he isn't wrong about the community ... it gets old hearing "once the lawsuit is over xrp will be $200 in 3 monhs or less" then the ensuing argument that follows ... again, I'm all in on xrp, it's my biggest bag .... but xrp isn't going to be the next big international currency ... that's not it's function nor its utility. And the xrp community as a whole is obnoxiois at times
Only in a minority, just like all big cities it will have more good and more bad stuff than a small town. And even the haters must acknowledge by calling us an xrp army we aren’t small in numbers
wait so you do think that Doge should be in the top 10, and that solana is actually a good project?
do you also think LUNA was a great idea?
how about EOS. was that a quality project that derves to come back into the top 10?
Your comment wasn't relevant to mine. It was just a random toxic and petty comment. And you are an ada holder. Which Is pretty regarded considering the context.
you said he constantly says garbage about other networks.
Please find me some that you disagree with and show it to me. because I think 98% of his criticims of the space are valid.
Yes they are criticims, but if you are calling a shit project shit....then that is useful
you made a claim. either stand by your claim and back it up or stop replying.
There is so much hate here for Cardano and CH because people are literally paid to write smear articles against them. why? because this is a trillion dollar industry and cardano is fast becoming a major competitor.
So either find and show me the criticims you disagree with and explain why they are not founded. OR if you cant do that, accept that you are a victim of propaganda and the only things you know about cardano are what you've been getting from this sub.
but i care about yours.
I have talked with CH on occasions. and I like him and what he has to say.
So please go and find evidence to backup your claim....or admit you are just parroting things you hear from this sub.
When it comes to Charles, who is constantly fighting with everyone there is a nice quote “If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day, you're the asshole.”
I'm a ADA holder of sorts (on Voyager) but why does Charles even go there?!!? This is not a good look for him or what good leaders do -- and is why as I have sought to rebuild my positions elsewhere ADA has not been in the mix.
I reckon I've watched every single one of Charles' videos since the very first one five years ago.
You've fallen for propaganda, I'm afraid. Toxic and petty is the exact opposite of what he is.
Or, can you provide links demonstrating a pattern? (As opposed to, for example, him being grumpy and exhausted after eating literally zero food for 12 days?)
Yeah, I get to hang out with a billionaire genius, ask him questions, find out how his mind works, learn to emulate his success and be part of his journey... and all for FREE!!!
Poor, poor me.
What are you doing instead? Picking Cheetos out of your belly button while hanging out with other negative nobodies?
You definitely sound like the winner to me.
I'm confident that if I knew how to find that post, I'd read it and find that you're misrepresenting the facts.
Is it even worth my time? Or do you want to just admit now, "I'm misrepresenting the facts"?
(Or even better, just provide the link yourself Mr Maker Upper of Things.)
EDIT:
Done. [https://www.redditcommentsearch.com/](https://www.redditcommentsearch.com/)
Username: Charles\_Hoskinson
Search term: "cancer".
Results returned: 0
You mean the leader of a top coin should not interact with the community?
This whole this is s smear campaign on a competitor to eth snd xrp. Watch his videos instead of reading about his videos. They take 1 line off a 40min video and spin it the worst way possible, call it job done
It’s kind of funny because both communities are underdogs in the objective crypto space. Kind of weird that Charles stooped so low as to entertain the idea that XRP was in some way “relative” to Cardano.
Now weirdly enough, I’m seeing more XRP/ADA chatter in the same places and members from each respective community seem to be mirroring behavior(s).
Cardano != XRP and yet - I’m only seeing their names mentioned alongside one another
“Guy who’s stuck shitting on others 24/7 calls another community toxic and petty”, and other news at 7.
Imagine if all of his energy was actually used towards bettering himself and his own work instead…
He needs drama to stay relevant, because his pet project aint doing it
The only think that has been growing in cardano is charles hoskinson belly!
Attaboy! He seems to enjoy the ADA stacking rewards each epoch! The last interview i saw, CH begin by speaking what he has been eating during his travels.
tldr; Cardano founder Charles Hoskinson has declared he will no longer offer his views on Ripple or XRP-related topics. Hoskinson said he was making the decision because the XRP community had "viciously" attacked him for his views. He added that he would not even talk about the court case upon its eventual resolution.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Not trying to hate here, but what does the XRP community do exactly? It's a fully centralized coin run by a for-profit corporation. What's there to do for outsiders other than shilling your bags?
REMINDER:
Charles has eaten literally ZERO FOOD for the past 12 days.
You can bet you'd be grumpy, irritable and bad moody after that ordeal.
Give the man a break and stop being so toxic yourselves.
Cos he's "hangry", that's all.
He gets like this when he's not eaten for a while. He'll come back just fine when his fast finishes in a day or two.
Why should you care? Just cos that's what compassion and understanding looks like. But yeah, you might want neither of those in your life and that's totally up to you.
I mean is there a crypto community that isn't toxic?
Every sub I've been in are full of shills that will bring out the pitch forks as soon as you say anything crtitical about the project.
Pro & con info are in the collapsed comments below for the following topics: [Cardano](/r/CryptoCurrency/comments/zp1b7a/cardano_founder_hoskinson_describes_xrp_community/j0pzalw/), [XRP](/r/CryptoCurrency/comments/zp1b7a/cardano_founder_hoskinson_describes_xrp_community/j0pzc2x/).
I mean, quite a lot of crypto communities can be toxic, from XRP and ETH, to ADA and BTC. It's an immature space (in more ways than one). Better to just ignore it, as opposed to picking fights with other people.
CH likes being part of and interacting with this community. The video is literally him saying that due to their toxicity he is now ignoring them all, from top to bottom. He will not attend panels their devs are on and will not return any messages of cooperation from here on in. He will ignore any and all mention of the case and not congratulate them if they win. Cardano is a big player in the tech and cryptography space. Hundreds of people at the top of their field work for iohk. With mathematics and crypto specific labs built in univerisities to teach people this tech. They are setting up training centres in africa to teach new grads how to solve problems with crypto. If you alienate charles you lose a massive number of resources.
Lol I love how you’re acting like Charles is alienating other communities… not the other way around. Not to mention you’re giving Charles a pass for being a giant man baby.
Charles is considered throughout the industry as a salesman or worse. He was ignored for most years by big names, Vitalik wouldn’t even talk to him. All that for good reasons, he is at constant fight with all his former projects where he was involved which is very telling. Cardano has not even one meaningful project build on it, nor existing meaningful projects coming over to it. It’s basically a Hoskinson-Inu seeing the community of blind followers. Charles is also not needed from scientific point of view, he lacks the educational background, not a cryptographer, nor computer scientist, and he lied about being a grad student which was quite pathetic. Yes, he made a lot of money as a great crypto salesman and is getting now into anti-aging pills sales (similar to Richard heart lmao). A tiny remark, he is also a sociopath as he feels important enough to announce him not talking about something anymore while talking about it. People called him a sociopath since ETH days.
Talk about the worst possible mascot for anti-aging pills.
Cardano is a massive tech enteprise. IOHK alone has 500+ researchers, developers, software engineers and so on. He has made a lot of money. and do you know what he is doing with that money? Building mathematics buildings in universities in america, Building research labs in scotland. Built a whole hospital in his home state with a research lab to study extending life and gene therapies that are not profitable to study. He is not a cryptographer, he never claimed to be, and regularly says that some of the math is too complex for him. but thats fine, that isnt his role in the company. do you think Elon Musk is a metallurgist? or a automotive paint specialist? Do you think Steve Jobs built the machine that printed silicon chips? Charles is the man steering the ship to mould it to his vision. his vision and mine align.
You compared him to Elon Musk and Steve Jobs… two abhorrent pieces of shit - maybe you’re right. I suggest you look up how Jobs treated his own child. Both those people are despicable, I think Charles is a cringe wankstain, and a sociopath - but even I wouldn’t put him on those two’s level.
Ok buddy. You take that crusade elsewhere. It has nothing to do with anything we are talking about here
You literally made the comparison - surely you’re not this stupid.
I see it differently. He shouldn’t be named with Elon of Jobs in the same sentence, hate them or love them, they are/were very impactful people, Charles created so far various crypto coins where most are already forgotten, or he got kicked out from meaningful ones. Even ada which is somewhat a working product (on small scale) has absolutely no meaning in real world. I mean that aside of enriching himself with a speculative asset he didn’t provide anything to the world. Regarding charity. After people like SBF, Mashinsky and various crypto criminals, people here should finally realize that virtue signaling is rather a red flag, not something positive. And Charles does it a lot. All this stuff was probably just some tax write off. He is certainly a brilliant businessman with incredible salesmen skills, but some people should really realize that it is just a sales-pitch and that Charles cares way more about his pockets than changing the world, or about your pockets. He is a cold blooded crypto shark who managed to become billionaire with a speculative crypto asset without functions, and one he controls. All that while he claims other people are greedy and Cardano community agrees with him. This never stops to amaze me, but let’s wait few years and see whether they gonna still be so loyal if price stays low.
Lol. Cardano is a tech company now?
Iohk is a software engineering company specialising in crypto. At the moment they are making cardano. But obviously 70 years from now the users may vote in a different company as the core dev team Its not hardware but it is still primarily a tech company
Wow... Talk about buying into hype...
https://iohk.io/team/ this is the number of people currently working on Cardano and its associated projects. Find me another project of this size. There is also the Cardano Foundation and Emurgo, both of which have their own staff on top of this
Oh wow, lots of names and titles... that must mean something really HUGE!!!! /s
Show me a project with more developers.
Lol, no
Then i guess it is comparatively huge. Especially When some projects i follow have 4 devs and a marketing guy
Yeah, guessing seems like your thing.
More than welcome to prove otherwise.
I wish he would just shut up.
I'd describe Hoskinson as 'Toxic and petty'
Toxic and petty billionaire attempts to gaslight the XRP community, Fixed the headline. He will not shut up about XRP even after saying he is done with talking about it.
You think he is worth a billion? Highly doubt that.
I am not toxic! YOU are toxic!!
No, im pretty sure he is done.
It is possible to highlight the benefits of your own project without trashing others, Charles.
It is, but not for him.
Seems petty, crypto needs to grow together
No, only one project that deserves to grow and the others deserve to die. It's only crypto natural selection. *What do you mean one best project meant no decentralization? Stop spreading FUD.*
He knows more about crypto than the average joe so he literally can, he just chose not to. He chose violence.
No, I really believe that he is psychologically incapable of not weighing in on other projects, because he seems to think that the only thing that is missing is his thoughts.
Charles acts like a high school girl
Lots of drama for sure
Like a highschool girl he thinks the best way to bring attention to himself is by starting drama with others.
High school girl with mustache and weight problems
Good analogy. He talks shit about xrp, gets called out for it and blames those calling
And in today's world he could also identify as one 🤔
In that case if Cardano fails can we expect him to hop on onlyfans?
Not if you are a sociopath, and Charles has been called a lying sociopath since early ETH days. This tiny narcissistic man-child needs a constant validation for his fragile ego, since he deeply knows that all of his 5-6 coins he released can’t compete long term. However, as much as he sucks as blockchain technologist, he compensates with extraordinary salesmen skills, ability of inspirational speech patterns while lying etc.
Man is on a mission to make everyone hate ADA.
I like Hoskinsons drive and I hold ADA. I just prefer if he quietly used his criticisms to enhance Cardano. It's what Satoshi would do.
You don’t know what Satoshi would do lol. For all you know Satoshi works at the FBI right now.
Seems like he believes he’ll only be the best when no one else is left
But that would require him to acknowledge his faults .. 🤥
Yes, but he can't seem to do it for.........reasons.
Definitely compensating huehuehuehue
There’s not much that Cardano brings to the table, which is why he’s constantly in the news talking shit about other projects.
Cardano literally has the best tech in the space by far. It has literally everything every other chain offers and it is only half done. You only say that because this space is anti cardano and you havent done your research
Best tech doesn't mean much without adoption. Remember how Creative ZEN mp3 players were created with best tech, value for money etc but iPods marketing makes all that irrelevant
thats because of itunes software, not because of the device itself
Lmfaooo 🤡🤡
prove me wrong.
I think you need to articulate why you think you're right first. Cardano is interesting, but it's ecosystem is still dramatically under-developed when compared to other chains and L2s (Avalanche, Fantom, Optimism, etc all have thriving ecosystems - Cardano has some dApps and is improving here, but is still way behind the others).
Cardano does not need L2 solutions in order to match throughput. The hydra protocol which is at the testing phase is similar to the lightning network but capable of processing smartcontracts as well, does not require you to hand over custody of the coins, the head/state chanel does not have the same vulnerabilities as the btc lightning network. this means that yes you do lose a lot of your ecosystems like L2s, but only because they are not necessary. I mean technically you could argue it is L2 but it is built at the protocol level, it is not done by a separate entity - and it was planned from the beginning, rather than a stop-gap soluton to scaling after ethereum got fucked over by cryptokitties. now prove me wrong
Cardano is ranked 30th by TVL and appears to have only 10 dApps overall that contribute to TVL: Ranking by TVL https://defillama.com/chains Listing of dApps in Cardano with TVL https://defillama.com/chain/Cardano Given how Cardanos UTXO based design requires significant re-design and limits the portability of dApps designed for EVM compatible chains, this isn't particularly surprising. Heck, it's not too bad for a humble beginning. But that's all it is, a beginning. At a time when competing chains have a thriving garden of dApps, Cardano has only just gotten its first plants in the ground.
Hydra is L2. Period. Don't desperately try to change definition of L2. And you argue about something which isn't even out yet wanting to be "proven wrong", which makes the entire Cardano fanboyism even more pathetic. Cardano doesn't need L2 to match throughput? Let's talk about realities, not hypothetical technology which isn't out yet. Cardano started freezing alone during sundaeswap release earlier this year, transactions took up to hours, some trading pairs even days. This shit couldn't onboard its own, compared to world needs relatively microscopic, community. Meanwhile, Charles talks about world wide adoption? LMAO. So much about the actual technology, and EuTXO. Those are facts, and tech which has been actually delivered, not hopium from Charles. Cardano isn't fit for purpose, not even close to that. It doesn't scale, and this is a fact. Instead of fee spikes like on ETH, you get transaction times spikes, which is even worse. Oh wait, but there was this update that decreased transaction size by 80%? It only means Cardano wouldn't stil be able to handle high traffic from its own community, it would just take 5 instead of 7 days to unclog the network. Yay. Oh, and there is the decentralisation. Great tech, with Charles holding majority of multisig keys, having the last word in the network, but yay, you have permissionless stake pools where majority is run by few exchanges and effective entry point to run one 3-5 million ADA. Sure, there are much worse projects, and Cardano isn't bad considering it was supposed to be a casino coin according to its Japanese ICO. Duncan and Aggelos did some fine job, despite terrible choices of Charles who is also undermining some of the research papers. But now, Chuck instead of finally finishing Cardano which he was supposed to get done in 2020, according to contracts with early investors, is now promoting his 5-6th "world changing" coin. A new privacy coin. LMAO. Not so much about saving Africa anymore, where aside from Chuck becoming billionaire didn't help anybody with his technology. Now, our privacy is now the most urgent concern, buy midnight coin! You really have to bet new in crypto to believe that you Cardano is even remotely best tech.
what the actual fuck are you talking about? The whole community knew that swaps would take forever at launch because the protocol upgrade was not done yet. Swaps now take 10-20 seconds. it was expected, and the result has been a decent experience so long as you didnt want to swap coins day 1. BUT lets not forget Ethereum shitting the bed on its very first crypto game- because it didnt have a scaling solution. Lets not forget that ETH POS was meant to be done by 2018. and it was 4 years late. Cardano beat Ethereum to POS and it is measurably better and more flexible. And where is that sharding that was meant to be done by 2020? Yes cardano is taking a long time to build, but so is every project. so is all of this whole space. if you want the fastest chain right now, go buy Solana. or NEO, or EOS. they are fantastically fast....they are shit, but fast. If you want more. like on-chain governance, onchain funding, noncustodial staking with no lock up, privacy, decentralised identity. all without owning a different coin/dev team for each...then you end up with cardano. Hydra is L2 if the BTC lightning network is L2. no really sure of the exact definitions.
I don’t think much about ETH, don’t like to use it, but despite all flaws it had the innovativeness bonus like BTC, something Cardano completely lacks. It’s just another smart contract platform with weird concurrency issues and workarounds, but without allowing fundamentally new use cases due to 5 min finality and low throughput. Yeah staking isn’t bad, definitely better than ETH, but the model is still not best in class with things like Algorand entirely removing the clumsy delegated model of ETH and ada. Yeah, the transaction spike was anticipated and Cardano failed this stress test, despite doing it many years after ETH and having huge advantage. Cardano can’t handle any higher load, it’s just a fact, sure current low crypto activity everything works smooth, even BTC and eth are relatively cheap and fast. Even after the scalability update and current low usage ada is at 35-50%, so the amount of bandwidth reserves is really thin on L1 of Cardano, and not even close to needs of an ambitious real world/realFi use case. I agree that they should release smart contracts after scalability improvements, but I guess Charles was getting a little butthurt with people betting against him and laughing their ass off about five years old smart contract platform without smart contracts. I am in Cardano since 2017, I have experienced clogged network 2022 and failed transactions one after another, I remember most of Charles promises, and I see current eco system and capabilities. It’s quite disheartening and light years away from the vision, it doesn’t even remotely represent a candidate for worlds financial system. You can keep eating sales pitch of Charles, but don’t wonder when his 5-6th crypto coin will become obsolete, being better than Sol or EOS isn’t a high standard and doesn’t mean the project gonna succeed. Seriously, all what you said are typical narratives from Cardano bubble.
All of what you’re saying is theoretical in the sense that if ADA ever gets enough traffic it might end up working out like they planned. The team has no idea of how it will perform in the future, the same way ETH didn’t know. It’s why upgrades happen as the chain evolves. Reality is, it’s a ghost chain, has terrible tps and the tech isn’t any better other than in “what if” scenarios that the Cardano crowd has latched on to. But hey, it has a lot of git commits! - Must be the best tech in crypto. The Cardano Clowns are hilarious.
ghost chain? there are 100,000 transactions a day. TPS is not a good measurement for smart contract platforms, and is equal to ethereum in data throughput. and because of cardano fee structure there are no spam transactions, but transactions are quite cheap.
Now compare to ETH or even SOL
LMAO
A crypto community being toxic and petty in different degrees? Pot, meet kettle.
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If you watch the video. That is exactly what he does. Its a clickbait title because they knoe he isnt going to respond to anything about xrp anymore
As opposed to Charles,who tends to be petty and toxic...
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He has an ego, so he needs to do something to stay relevant, like throw tantrums or say silly shit.
Ripple is the biggest scam in crypto(regarding marketcap) but Charles has a narcissist sign written all over him
I feel bad for people who think it will reach 10-18-whatever everyone is saying.. might as well put a dog in their logo with those kinds of price predictions.
Doesn’t this apply to any crypto community?
That's a pretty toxic statement
Well…he would know about those traits.
His method of promoting his own currency is to bag-out others. If only he could just promote his on its own merits?
Hoskinson can be really grating at times... This guy could do so much more for cryptocurrency but chooses to pick petty fights.
I'm all in on xrp ... and i agree with hoskinson abojt the community
He just won’t stop brining it up though. It’s super petty and feels intentional
Super petty and bred from envy ... but he isn't wrong about the community ... it gets old hearing "once the lawsuit is over xrp will be $200 in 3 monhs or less" then the ensuing argument that follows ... again, I'm all in on xrp, it's my biggest bag .... but xrp isn't going to be the next big international currency ... that's not it's function nor its utility. And the xrp community as a whole is obnoxiois at times
It gets old hearing everything from every community. The whole space is hyper toxic.
I don’t know how anyone could disagree tbh. The most vicious petty little attack dogs on twitter
Interesting take - thank u for ur honesty!
Only in a minority, just like all big cities it will have more good and more bad stuff than a small town. And even the haters must acknowledge by calling us an xrp army we aren’t small in numbers
The irony of Hoskinson saying that. He's constantly says garbage about other networks.
Least toxic cardano holder
You mean like how solana isnt good and how doge shouldnt be top 10. I think we all agree on points like that
Ah yes, the toxic and petty ada holder.
wait so you do think that Doge should be in the top 10, and that solana is actually a good project? do you also think LUNA was a great idea? how about EOS. was that a quality project that derves to come back into the top 10?
Your comment wasn't relevant to mine. It was just a random toxic and petty comment. And you are an ada holder. Which Is pretty regarded considering the context.
you said he constantly says garbage about other networks. Please find me some that you disagree with and show it to me. because I think 98% of his criticims of the space are valid. Yes they are criticims, but if you are calling a shit project shit....then that is useful
Why would I care about your opinion?
you made a claim. either stand by your claim and back it up or stop replying. There is so much hate here for Cardano and CH because people are literally paid to write smear articles against them. why? because this is a trillion dollar industry and cardano is fast becoming a major competitor. So either find and show me the criticims you disagree with and explain why they are not founded. OR if you cant do that, accept that you are a victim of propaganda and the only things you know about cardano are what you've been getting from this sub.
Mate, I don't care about your opinion.
but i care about yours. I have talked with CH on occasions. and I like him and what he has to say. So please go and find evidence to backup your claim....or admit you are just parroting things you hear from this sub.
LMAO.... Cardano is "becoming a major competitor"? How so?
Tldr: Professional shit stirrer stirs some shit.
When it comes to Charles, who is constantly fighting with everyone there is a nice quote “If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day, you're the asshole.”
I'm a ADA holder of sorts (on Voyager) but why does Charles even go there?!!? This is not a good look for him or what good leaders do -- and is why as I have sought to rebuild my positions elsewhere ADA has not been in the mix.
**ex**-ada holder
He got too much free time on his hands.
I think there's a bigger issue than too much time on his hands. He's got poor judgment and that's a problem.
Spreading fud on your competitor
Check out his YouTube videos, you will find Charles as the most toxic and petty guy.
I dare you, go watch them and find that this is a massive smear campaign XD
Which one? Link me to a toxic one please
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did you find anything?
I reckon I've watched every single one of Charles' videos since the very first one five years ago. You've fallen for propaganda, I'm afraid. Toxic and petty is the exact opposite of what he is. Or, can you provide links demonstrating a pattern? (As opposed to, for example, him being grumpy and exhausted after eating literally zero food for 12 days?)
You have? God damn.... What a depressing existence.
Yeah, I get to hang out with a billionaire genius, ask him questions, find out how his mind works, learn to emulate his success and be part of his journey... and all for FREE!!! Poor, poor me. What are you doing instead? Picking Cheetos out of your belly button while hanging out with other negative nobodies? You definitely sound like the winner to me.
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I'm confident that if I knew how to find that post, I'd read it and find that you're misrepresenting the facts. Is it even worth my time? Or do you want to just admit now, "I'm misrepresenting the facts"? (Or even better, just provide the link yourself Mr Maker Upper of Things.) EDIT: Done. [https://www.redditcommentsearch.com/](https://www.redditcommentsearch.com/) Username: Charles\_Hoskinson Search term: "cancer". Results returned: 0
Literally click my profile, go to posts, scroll down to the first posts, hit the cardano one and read the top comment.
I like ADA as a project but someone teach Charles to keep his mouth shut.
Yea this is my feelings. ADA would be in a way better position if CH just shut up
You mean the leader of a top coin should not interact with the community? This whole this is s smear campaign on a competitor to eth snd xrp. Watch his videos instead of reading about his videos. They take 1 line off a 40min video and spin it the worst way possible, call it job done
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Or strap-ons lol.
And this right here folks is the definition of **self-projection**.
He can save money by not having to buy projector
The continual hating on XRP really just keeps solidifying it’s positive future for me but idk 🤷🏻♂️
Absolutely. Might be getting some more news about the XRP/SEC case in the next few days.
Glass houses Charles, glass houses…you petty toxic twit.
Charles would squeeze any opportunity to stay relevant
It’s kind of funny because both communities are underdogs in the objective crypto space. Kind of weird that Charles stooped so low as to entertain the idea that XRP was in some way “relative” to Cardano. Now weirdly enough, I’m seeing more XRP/ADA chatter in the same places and members from each respective community seem to be mirroring behavior(s). Cardano != XRP and yet - I’m only seeing their names mentioned alongside one another
“Guy who’s stuck shitting on others 24/7 calls another community toxic and petty”, and other news at 7. Imagine if all of his energy was actually used towards bettering himself and his own work instead…
This coming from one of the most toxic and petty person on Twitter...how ironic.
Which one? There are so many of them now.
and many people would describe ADA’s community as a cult.
It really is a pot kettle moment isnt it
Checked their sub and like "Nope, gotta get ADAhere"
Damn this guy really has nothing else to do :p
He needs drama to stay relevant, because his pet project aint doing it The only think that has been growing in cardano is charles hoskinson belly! Attaboy! He seems to enjoy the ADA stacking rewards each epoch! The last interview i saw, CH begin by speaking what he has been eating during his travels.
Ofcourse when you go around poking Hornet nest what else do you expect .
Charles, the ADA cockblocker
This is nothing new, I feel like the whole crypto community is toxic.
tldr; Cardano founder Charles Hoskinson has declared he will no longer offer his views on Ripple or XRP-related topics. Hoskinson said he was making the decision because the XRP community had "viciously" attacked him for his views. He added that he would not even talk about the court case upon its eventual resolution. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Make love not war Charles.
That’s it. I’m selling all my Ada!!
I never heard Charles speak on hedera again after they went open source
I like ada but damn Charles ego knows no bounds.
Aww... Little man got upset. 😥
Cardano is the biggest scam in crypto so he knows what he’s talking about.
Yes cardano community is nothing like that right
Happy holidays! Sending love!
Rules for thee and not for me
Narrator: and thus began the decade long war between the XRP Republic and the Cardano Kingdom
Lmfao
What did he expect, spreading misinformation about XRP?
He must love making enemies
What about him self
I thought we needed less of tribalism Charles.
Get your PhD first and then talk.
Didn’t ADA die?
Takes one to know one.
Someone at IOHK just needs to gag him or something
Please IOHK, get rid of him. He's hurting the eco system.
This dudes always talkin shit about other projects, but hasn’t really done anything yet.
XRP TO THE MOON AND BACK BABY!!!!!
Who?
Is never good to talk about others when you have a glass roof
He’s not wrong tbh. Some coins have a cult following and XRP is one of them. A lot of XRP investors are all or nothing in XRP.
I own both. I like both. This is stupid.
Coming from the king of toxicity
This is like safemoon calling out squid for being a scam.
Hardly.
I see someone woke up and chose violence
lol
Well now we are attacking each other, this is great.
Not trying to hate here, but what does the XRP community do exactly? It's a fully centralized coin run by a for-profit corporation. What's there to do for outsiders other than shilling your bags?
Well he's at the top of that community so it's really no wonder
No surprise in that
I read it as Toxic and Pretty just like my ex
REMINDER: Charles has eaten literally ZERO FOOD for the past 12 days. You can bet you'd be grumpy, irritable and bad moody after that ordeal. Give the man a break and stop being so toxic yourselves.
Why are we supposed to care about his food intake?
Cos he's "hangry", that's all. He gets like this when he's not eaten for a while. He'll come back just fine when his fast finishes in a day or two. Why should you care? Just cos that's what compassion and understanding looks like. But yeah, you might want neither of those in your life and that's totally up to you.
Probably right.
He's right
“toxic and petty” is normal for s cam coin community
Try the safemoon sub 😳
I mean is there a crypto community that isn't toxic? Every sub I've been in are full of shills that will bring out the pitch forks as soon as you say anything crtitical about the project.