Cardano is one of the most anticipated blockchain projects out there. It is a smart contract ecosystem set to be working later this year. Today, we will take a look into the founder of Cardano: Charles Hoskinson.
Lately Hoskinson has left mixed impressions on the face of the public as well as many in crypto. He even got into it with Mark Cuban on Twitter:
Cuban was asking good questions – an easy thing to do would be to provide Cuban with an answer. It seems like the professional thing to do, however, Hoskinson is known for having an unusual behavior. A quote from a medium article says:
“Charles is described by other Ethereum co-founders as a pathological liar, a sociopath, and as someone to not trust in the company of your girlfriend.”
Founder of Cardano worked on Ethereum
Cardano wasn’t the first blockchain company which Hoskinson had a role in shaping. In fact, Hoskinson was also one of the eight original founders of Ethereum. According to another Ethereum team member, Hoskinson had a habit of telling grandiose stories of himself and even claimed to be Satoshi Nakamoto. According to the same medium article, there were also stories about Charles having ties with U.S. government weapons agency DARPA.
Hoskinson became a toxic figure among the Ethereum team – even asking to be called the CEO. These events prompted Gavin Wood to approach Vitalik and request that he fires Charles. Vitalik needed Wood on the Ethereum team way more than he needed Charles, and so that was the moment when Hoskinson was outed.
According to the same Medium article, Vitalik later commented on the situation saying:
“I made this speech that consisted of half a minute of filler followed by the real decision, which was that Charles and Amir would be fired. They were disappointed but not absolutely surprised.”https://medium.com/yardcouch-com/why-charles-hoskinson-was-shamefully-kicked-out-of-ethereum-8b29faa5cd14
He also claimed to be the founder of Ethereum in a tweet to MetaMask insinuating that the owner of Ethereum shouldn’t have to use a support email. There also seems to still be a rift between Charles and Vitalik. Last year Vitalik tweeted, “I acknolwledge Cardano.” Most interpreted this to be a “smartass” remark and not a sincere comment by Vitalik.
Hoskinson is certainly a controversial figure within the crypto scene – love him or hate him.
What does this mean for Cardano?
Regardless of how unusual of a person Hoskinson is, Cardano is no doubt going to have a bullish run in the future. 2021 should be a big year for Cardano when smart contracts go live.
Cardano also has powerful partnerships and one of the biggest communities in crypto recently hitting 500,000 members. The price of ADA has been soaring in the past year in anticipation of this project. We are curious to see if Cardano can hold up to these expectations.
This article is not financial advice. If you enjoyed this article you might also want to check out How DeFi Can Mitigate Climate Change.
Aaron is passionate about blockchain and has been an investor in cryptocurrencies for the past years. He enjoys engaging with other people in the cryptocurrency community online, particularly on Telegram, and learning from experts.