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Here’s Why Cardano Creator Says Ethereum Is Doing Impressive Things

Charles Hoskinson, the creator of Cardano (ADA), has recently showcased his admiration for the largest smart contracts platform and Cardano’s biggest rival, Ethereum (ETH). He acknowledged that the leading blockchain is indeed doing impressive things.

In a new video published on YouTube, Hoskinson, who is also an Ethereum co-founder, stated that the smart contracts platform’s ecosystem of scaling solutions, such as roll-ups, has been impressive.

According to the mathematician, Ethereum also has an active and effective community, attributing the successes of the community to the leadership of Vitalik Buterin, the 28-year-old co-founder of the blockchain.

Cardano creator added that Ethereum has a problem-solving mindset that is rarely seen in the rest of the crypto industry. He also pointed out that Ethereum has had notable impacts in boosting the use cases of blockchain technology beyond monetary utility.

Charles Hoskinson noted:

 “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…

“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…

“If you’re intellectually honest, Ethereum has a humongous community… It’s undeniable the pervasiveness of Ethereum. It’s undeniable that those people are also quite effective.

“There is a problem-solving mindset that exists within Ethereum that is seldom seen in the rest of the cryptocurrency space. Where people don’t just bitch and complain about things or go to some sort of ideological religion, they actually try to solve stuff.

“And I think it’s a testimony to good leadership from Vitalik. He’s a very solution-oriented person and he’s a very execution-oriented person. And while there’s depth and philosophy there, there’s always an engineering mindset of ‘build it, build it, build it, build it.’ And there’s a persistence there that is quite impressive and I admire that…

“I think the other thing that Ethereum has done very well… They’ve been a very effective communicator as an ecosystem about blockchain utility that’s non-monetary…

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“But Ethereum came around and suddenly we have NFTs [non-fungible tokens]. And suddenly we have all these other things, oracles and video games.

“All kinds of weird experiences like metaverse stuff. It’s pretty cool and Ethereum was the first mover in that and there’s still a lot of strength and momentum in that community about dreaming big.”


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Tobi Loba
Tobi Loba
Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.
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