Cardano founder Charles Hoskinson insists that Cardano shares a similarity with XRP and the pioneering blockchain network Bitcoin.
bitcoin, Cardanoand the XRP Ledger is undoubtedly among the top Layer 1 players. block chains in crypto, but beyond that, it can be difficult to discern similarities between the three projects. However, recently, the founder of Cardano Carlos Hoskinson suggested that there is at least one.
Bright futures
Charles Hoskinson has stated that Bitcoin, Cardano and XRP have a bright future. The founder of Cardano expressed this opinion in a broadcast from Sunday, December 22stating that the ecosystems around these blockchains are strong because they have overcome several obstacles and challenges.
He emphasized that projects that grew without being tested often collapse when faced with these tests, citing Terra (LUNA) and FTX as prime examples.
Associations https://t.co/AWYiaczJvK
– Charles Hoskinson (@IOHK_Charles) December 22, 2024
Hoskinson’s remarks on Sunday’s broadcast came as he addressed Infighting in the Cardano community between Input Output Hong Kong, the main development company behind the network, and the Cardano Foundation, a Swiss-based non-profit organization tasked with promoting widespread adoption of blockchain, which has recently come to the fore as the network seeks community governance.
During the recent broadcast, he described public disputes as a “necessary evil” and an integral part of any transparent and decentralized process, especially when the community has not had the opportunity to interact like this in years.
However, he maintained that disputes like these are often followed by progress as people find common ground and establish basic principles. He highlighted that Cardano’s ability to handle obstacles like these is what made it strong.
Responding directly to the sentiments of influential community member Rick McCracken, he dismissed claims that the recent disputes could impact Cardano’s ability to establish and maintain external partnerships.
Cardano in a good place?
According to Charles Hoskinson, Cardano is seeing more partnership opportunities than ever, specifically citing the recent network association with Bitcoin smart contracts and interoperability solutions provider BitcoinOS to unlock Bitcoin liquidity on the Cardano network.
Beyond this example, Hoskinson emphasized that in 2025, the network committed to making itself known. He noted that blockchain would participate in major crypto conferences such as Bitcoin 2025, Token 2049, Paris Blockchain Week, and Consensus 2025.
“Cardano will be there loud and proud” he stated.
