Charles Hoskinson, the founder of Cardano, recently expressed admiration for XRP, citing its strong community, defined purpose, and credible leadership.
Hoskinson shared this in a post on X, where he also contrasted XRP’s founders with controversial figures in the cryptocurrency space.
XRP has a real community, leadership, purpose, and its founders aren't on an Interpol red notice
— Charles Hoskinson (@IOHK_Charles) January 10, 2025
XRP Community and Leadership Praised
Hoskinson emphasized that XRP is supported by a genuine community and leaders. He considers these qualities essential to the credibility of cryptocurrency. He also pointed out that XRP’s founders are free from fraud or financial misconduct.
In a pointed comment, he noted that XRP’s leadership is different from certain individuals in the crypto sector who have faced serious allegations. This statement underscores the distinction between XRP’s leadership and figures who have attracted legal scrutiny, enhancing XRP’s reputation.
Indirect Criticism of Hex and Its Founder
Hoskinson’s remarks also criticized Richard Schuele, commonly known as Richard Heart, the founder of Hex and PulseChain. Schuele recently faced legal issues, including being placed on Interpol’s red notice for allegedly misappropriating $12 million in user funds to purchase luxury items.
The controversy surrounding Schuele dates back to 2023 when the U.S. Securities and Exchange Commission (SEC) accused him of fraud and violating securities laws.
Hoskinson has been vocal about his disapproval of Hex and PulseChain, even stating in a recent X post that he blocks any profiles associated with these projects. He described engaging with such users as risky, labeling them “divorced from reality.”
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Reconciliation with the XRP Community
Hoskinson’s praise for XRP is significant in his new found love for the XRP community. There were tensions over allegations that Ethereum’s developers had influenced the SEC’s decision to file a lawsuit against Ripple in December 2020.
In November, Hoskinson apologized during a livestream, aiming to mend relations with XRP supporters and Ripple’s leadership. As part of this reconciliation, he proposed potential collaborations between Ripple and Cardano.
One of the proposed initiatives involves Ripple’s RLUSD stablecoin launch on the Cardano blockchain. Additionally, discussions have included integrating XRP into Cardano’s Midnight sidechain, which focuses on privacy and secure transactions.
Collaboration Talks with Ripple Executives
Hoskinson has reportedly engaged in discussions with key Ripple executives, including CEO Brad Garlinghouse and Chief Technology Officer David Schwartz, regarding these potential partnerships. Although no formal agreements have been announced, the talks signify a growing willingness to explore synergies between the two blockchain ecosystems.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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