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Cryptocurrency News Articles
Charles Hoskinson Admitted That the Sui Network Has Some Better Innovations in Comparison to the Cardano Blockchain Network
Oct 06, 2024 at 09:05 am
Charles Hoskinson is the founder of the Cardano blockchain and the co-founder of the Ethereum blockchain. He always remains active in exploring new and innovative technologies in the crypto space to make blockchain technology useful at the commercial level.
Cardano founder Charles Hoskinson has praised the innovations introduced by the Sui network, acknowledging that some of its concepts are superior to those implemented in Cardano.
Hoskinson, who is also the co-founder of Ethereum, is known for his keen interest in exploring new technologies within the crypto realm.
On October 5, 2024, Hoskinson shared his thoughts on the Sui blockchain network via X (formerly Twitter). He stated that he had encountered George's work coming to life, and expressed his hope for their grand success in the innovative space.
Charles Hoskinson Admits Some of Sui's Innovations Surpass Cardano's Blockchain Network
This demonstrates Hoskinson's unwavering enthusiasm for applauding innovative technical advancements in the blockchain domain, extending this praise even to his competitors.
A Crypto X user responded to Hoskinson's tweet, highlighting Sui's object-oriented approach to blockchain technology, which positions the network as a game changer for the entire digital asset industry. Hoskinson promptly voiced his agreement with this assessment.
According to him, Sui embodies what Solana should have been. While he maintains that Cardano's approach is superior for numerous reasons, he acknowledges that Sui does introduce some genuine innovations.
In addition to commending Cardano and Sui, Hoskinson's statement also includes a subtle critique of the Solana blockchain network.
Sui Price Action
At press time, Sui coin, the native token of the Sui network, is trading at $1.73. This price point reflects a 178% increase over the last 3 months.
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