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Cryptocurrency News Articles
Charles Hoskinson Takes a Break From Interviews After Ethereum "Dictatorship" Headline
Sep 27, 2024 at 03:22 am
In the fast-paced world of media, Charles Hoskinson, the creator of Cardano, has announced he's taking a break from interviews following a headline that stirred controversy.
Cardano creator Charles Hoskinson has announced he will no longer be giving interviews following a media headline that sparked controversy.
The issue stems from a Cointelegraph article that reported on Hoskinson’s comments about Ethereum, a blockchain he helped to found, being a “dictatorship” that is largely controlled by Vitalik Buterin.
Hoskinson expressed his frustration with the media’s portrayal of his comments in a post on the X platform.
“I’m just going to stop giving you guys interviews. I’ve had enough of the dramatic headlines and wasted interviews,” he wrote.
Hoskinson had initially made the comments about Ethereum’s governance structure during an appearance at the TOKEN2049 conference in Singapore.
He specifically pointed to the outsized influence that Buterin, the co-founder of Ethereum, has over the network’s decision-making process.
Hoskinson clarified that his critique was directed at the governance structure itself and not the personal qualities of any individuals involved.
However, this distinction was lost in some media reports, which framed his comments as a personal criticism of Buterin.
The cryptocurrency community has reacted to Hoskinson’s announcement in a variety of ways.
Some members of the community have expressed support for Hoskinson’s decision, citing the media’s tendency to misrepresent his statements.
Others have questioned how Hoskinson’s decision will affect Cardano’s future communication strategies.
Meanwhile, ADA’s price has seen an increase, indicating that investor confidence may be remaining stable or even increasing amid these governance developments.
ADA is currently trading at $0.3932, up 3.05% over the last day.
Cardano is continuing to advance its governance model with the introduction of the Voltaire phase.
This phase will see ADA holders electing representatives to oversee the administration of the network, in a bid to further decentralize governance.
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