TL;DR
- Charles Hoskinson responds to criticism about Cardano’s centralization, defending that the blockchain is not controlled by just a few entities.
- Hoskinson states that misinformation about Cardano is persistent and difficult to correct, and that criticism will continue for many years.
- Charles publicly praised XRP, highlighting its technology and community, while promoting respect and collaboration among blockchain projects.
Charles Hoskinson, creator of the Cardano blockchain, has publicly responded to recent criticisms claiming that the network is overly centralized and controlled by just a few entities.
The accusations point out that Cardano is primarily managed by three entities: the Cardano Foundation, IOG (Input Output Global), led by Hoskinson, and Emurgo. According to critics, this creates a situation of centralization, making it inferior to Bitcoin, which is supposedly not controlled by any entity.
When misinformation flows, it takes millions of dollars and years to correct the effort. We'll read comments like this in 2030. Welcome to the latency of fabrication https://t.co/i40f9WPmuf
— Charles Hoskinson (@IOHK_Charles) March 18, 2025
Hoskinson has strongly rejected these claims, stating that misinformation surrounding Cardano is persistent and hard to correct. According to him, efforts to fix these rumors will require a significant investment of time and resources.
Hoskinson Believes Criticism Will Persist Over Time
Charles is convinced that criticism of Cardano’s centralization will continue for many years, even in 2030. And that detractors will keep spreading rumors about the blockchain. The Cardano founder has pointed out that, despite efforts to clarify the situation, criticism keeps flowing, making it difficult to improve the public perception of the project.
Surprising Praise for Ripple and XRP
In another development, Hoskinson surprised the Ripple community by publicly praising XRP, calling it “great technology” and a “global standard.” His comment arose from a tweet by Peter Schiff. Where he mentioned several cryptocurrencies as part of the United States’ “crypto arsenal.”
David Schwartz, CTO of Ripple, responded with surprise to Hoskinson’s words. In his reply, Charles explained that after spending time studying the XRP protocol and code. He began to appreciate it more and recognize its solid community and ability to withstand market ups and downs for a decade.
Hoskinson not only defends Cardano against attacks on its centralization. But also builds a bridge of respect toward other cryptocurrencies like XRP. Demonstrating that collaboration and mutual understanding between different blockchain projects are essential for the future of the crypto ecosystem.
