Hoskinson Fires Back
A recent surge in social media activity has placed Cardano and its founder, Charles Hoskinson, under the spotlight, inciting a heated debate around alleged unfulfilled promises and abandoned projects. Hoskinson, however, staunchly counters these allegations, presenting a robust defense laden with substantiated facts and progress updates.
The Ethiopia Project and IELE
Responding to criticisms led by Fabian, Hoskinson affirmed the ongoing efforts in the Ethiopia project, attributing its slow progress to external challenges like war and administrative shifts. He categorized IELE as a research project, explaining its non-integration into the main layer due to strategic decisions.
The Cardano leader dispelled notions of IOG’s total control, underscoring the collective governance involving IOG, Emurgo, and the Cardano Foundation. The involvement of multiple genesis keyholders, he insists, negates centralization claims.
Staking and ERC20 Converter
Hoskinson shared insights on the ERC20 converter’s evolution, noting its integration into projects like SingularityNet, though its prominence has waned due to emerging initiatives like Milkomeda.
The community’s responses are mixed, with some advocating for silence to critics and others championing open dialogue. Hoskinson’s confrontational approach, however, drew both support and criticism.
Unraveling the Hydra Throughput Debate
Controversy encircled Hoskinson’s previous claims regarding Hydra’s throughput capabilities. Armed with factual evidence, the Cardano founder revisited the contentious topic, endeavoring to dispel misleading narratives.
Amidst accusations of dishonesty, Hoskinson unearthed an arsenal of source materials dating back to 2020 to corroborate his claims. He reiterated the hypothetical nature of the 1 million TPS claim, a projection contingent on each Stake Pool Operator’s simultaneous operation of an independent Hydra head.
The Impracticality of TPS Metrics for Cardano
Hoskinson deconstructed the TPS measurement’s relevance to Cardano, advocating for a transaction-by-transaction evaluation. He drew comparisons with Solana’s high throughput, underscoring the associated data storage challenges.
Amidst a climate of heightened scrutiny, Hoskinson’s clarification serves as a crucial juncture, separating fact from fiction and reaffirming Cardano’s innovative trajectory. The community, now equipped with enriched insights, remains anticipant of Cardano’s unfolding chapters in the decentralized blockchain narrative.
