Cardano founder Charles Hoskinson has again shaded the Solana network while praising the Sui network as a better option. Although Hoskinson was full of praise for Sui, he asserted that Cardano remains the number and gave reasons why he believes so.
Charles Hoskinson Shades Solana
The Cardano founder mentioned in an X post that the Sui network is what Solana should have been, indicating that the former is a better option than Solana, which ranks as a top layer-1 blockchain. His statement came following his revelation on how he had read about Sui. The Cardano founder mentioned that it was great to see George Danezis’s (Sui’s initial contributor) work come to life. He added that they deserve “great success in the space.”
This isn’t the first time that Charles Hoskinson has shaded Solana, especially as the Cardano vs. Solana comparison persists. Earlier this year, he suggested that Solana wasn’t providing any real network value despite boasting a good ecosystem.
Meanwhile, when Solana suffered an outage in February earlier this year, Hoskinson joked about the developers restarting the network to get it back up. He also once criticized Solana for spending too much on marketing rather than working to provide actual value.
Charles Hoskinson’s latest comment comes amid a recent claim by former NSA intelligence contractor Edward Snowden that Solana is centralized. He remarked that the network’s centralization could easily disrupt anything built on it if Solana faces regulatory scrutiny.
The Cardano founder’s comment on Sui highlights the network’s bullish outlook, which has also extended to its native SUI token. CoinGape reported that the Sui Price has skyrocketed 140% in a month, with a new all-time high (ATH) now on the horizon.
“Cardano Is Still Number 1”
Despite Charles Hoskinson’s praise of the Sui network, the Cardano founder is confident that his network is still the leading blockchain in the space. He said,
Cardano is still number 1. It’s not even close with Decentralized governance and all the amazing roadmap items coming.
In his post about how Sui is what Solana should have been, he added that he thinks Cardano’s approach is “superior for a long list of reasons.” However, he admitted that Sui has some real innovations.
Cardano’s Chang Hard Fork went live last month, ushering in the Volatiare era, which focuses on decentralized governance. Hoskinson has previously cited this network upgrade as one of the reasons he is confident that his network will lead the way for years to come.
Interestingly, he once asserted that Cardano would flip Bitcoin, noting that the latter has stalled, unlike his network, which he says has already lived up to Satoshi Nakamoto’s vision and is doing more.
One of the amazing roadmap items that Charles Hoskinson could have been referring to is the Midnight protocol. The Midnight protocol testnet recently went live and is a privacy solution that could further boost Cardano’s value proposition.
However, Cardano’s bullish fundamentals have not been reflected in the ADA price. The network’s native token is currently among the worst-performing crypto assets this year, with a year-to-date (YTD) loss of over 12%.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across DeFi, NFTs, smart contracts, and blockchain interoperability, among others. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover and a part-time degen.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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