Cardano’s Charles Hoskinson Is Praising Ethereum’s Trajectory | CryptoGazette
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Cardano’s founder Charles Hoskinson is praising the trajectory of Ethereum. He said that there are a lot of things that he’s currently admiring in the rival smart contract platform.
In a new YouTube video, Hoskinson made sure to highlight the fact that Ethereum’s vibrant ecosystem of scaling solutions such as rollup is something that Cardano can aspire to.
“[Ethereum’s layer-2] ecosystem is fascinating, roll-ups in particular. There’s a lot of magic there and I admire that greatly. And I think we can do better as an ecosystem…”
He continued and explained this:
“I think a lot can be done above and beyond what we’re doing. The Ethereum space is doing interesting things there… really impressive things are happening.”
The Cardano creator also made sure to explain that ETH also has an active and effective community whose successes he attributes to the leadership of Ethereum co-founder Vitalik Buterin.
“If you’re intellectually honest, Ethereum has a humongous community…” he also said.
Hoskinson also made sure to explain the fact that there is a problem-solving mindset that exists within Ethereum that is seldom seen in the rest of the crypto space.
He said, “Where people don’t just bitch and complain about things or go to some sort of ideological religion, they actually try to solve stuff.”
Hoskinson also explained that Ethereum has contributed a lot in extending the use cases of the blockchain tech beyond monetary utility.
We suggest that you check out the original article and the video as well to see what more Hoskinson had to say about ETH.
Is ETH ready to rally?
The other day, we were revealing that a closely followed crypto analyst who says Ethereum (ETH) is trading at a point where the reward far outweighs the risk.
Pseudonymous analyst Light has just said that leading smart contract platform Ethereum looks poised to regain its bullish momentum after its steep correction from the all-time high of $4,800.
At the moment of writing this article, ETH is trading in the green and the coin is priced at $38,721.
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