“ There are some ventures that are chasing that, and we are researching roll-ups for the Hydra tail protocol in particular. Rollups, in particular, there’s a lot of magic there, and I admire that greatly, and I think we can do better as an ecosystem, and there’s $150,000 of funding from Catalyst to chase that. “ Okay, so from a technological viewpoint, layer one, I’m not so worried about it. It’s like the real numbers to the integers: there’s a lot more of them and they do a lot more things, but the integers are contained within the real numbers. When sidechains come, everything Ethereum is, Cardano is. “ Well, Ethereum in its current instantiation is a subset of Cardano. In the first part of his reply, Hoskinson talked about what he liked about Ethereum, the Ethereum ecosystem, and Vitalik Buterin’s leadership: Hoskinson replied with a two-part answer. On 22 February 2022, was asked during a “Surprise AMA” that was streamed live on his YouTube channel if there were any ways in which Ethereum is better than Cardano. And it doesn’t really optimize for like curious outsiders.“ I think the number of failures that are outside the model is bigger and more important than the failures that are inside the model… And then the other thing is that a lot of the academic approach ends up basically optimizing for other people inside of the academic system. The reason why I think deep rigor is overrated is because I think like in terms of like why protocols fail. “ I’m actually the sort of person who thinks deep rigor is overrated. But there are definitely very interesting things that come out of IOHK Research.“ĭespite lauding IOHK’s ideas, Buterin took issue with Cardano’s approach to protocol software development: In part because just trying to do more faster. I do think Cardano takes a bit of a different approach than Ethereum in that they really emphasize having these big academic proofs for everything, whereas Ethereum tends to be more okay with heuristic arguments. “ There’s definitely interesting ideas in there. Buterin acknowledged that there were “interesting ideas” coming out of work being done on rival smart contract platform Cardano.Īs reported by The Daily Hodl, Buterin said: The Russian-Canadian programmer’s comments about Cardano were made during episode #188 of the “ Lex Fridman Podcast“. In June 2021, Buterin talked about Cardano during a conversation with MIT AI Researcher Lex Fridman. The following year, Hoskinsson and Jeremy Wood founded IOHK (now called IOG), “one of the world’s pre-eminent blockchain infrastructure research and engineering companies.” IOG does the research and development for the Cardano protocol. Ethereum wanted Ethereum Foundation to be a non-profit entity, and so he asked two people that disagreed - Hoskinson and another co-founder - to leave. ![]() ![]() Ethereum got announced by Vitalik on 27 January 2014 on Day 2 of the North American Bitcoin Conference in Miami, Florida.Īround six months later (on 7 June 2014), Ethereum’s eight co-founders―Vitalik Buterin, Anthony Di Iorio, Charles Hoskinson, Mihai Alisie, Amir Chetrit, Joseph Lubin, Gavin Wood, and Jeffrey Wilke―met in a rented house in Zug, Switzerland (a town that has been given the nickname “Crypto Valley”).Īlthough there was some disagreement between the co-founders, eventually the decision over the governance process, eventually the group decided to let Buterin make the decision. The original Ethereum white paper (titled: “Ethereum White Paper: A next-generation smart contract and decentralized application platform”) was written by Russian-Canadian programmer Vitaly Dmitriyevich Buterin (better known as “Vitalik Buterin”), and published on his blog in December 2013. On Tuesday (May 17), Ethereum ($ETH) and Cardano ($ADA) Co-Founder Charles Hoskinson made an interesting tongue-in-cheek comment.
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