Charles Hoskinson criticizes ETH, EOS & # 039; s & # 39; Lone Samurai & # 39; development approach

3 min read

Charles Hoskinson, the co-founder of Ethereum (ETH) and IOHK, the company behind Cardano (ADA), has criticized the development approach for Ethereum and EOS. Hoskinson made his remarks during an interview with business news broadcast Fortune, published on April 9.

During the interview, Hoskinson noted that most protocols publish all their code open source and are free of patents, and explain that ideas devised by Cardano or most other crypto development teams can be used by other teams. This, he claims, is different from the approach of EOS and the way in which the Prohere-of-Stake (PoS) algorithm Casper van Ethereum is developed:

"This is in stark contrast to the development you see with things like EOS or with Ethereum with Casper, adopting this lonely samurai position."

Hoskinson noted that Ethereum and EOS & # 39; s approach to development, which revolves around strong leadership from Vitalik Buterin or Dan Larimer and a group of engineers, lead to nothing. He points out that "if you look at the moon, more than a million people were involved in that mega project," with regard to the literal landing of the moon in 1969.

During the interview, Hoskinson also discusses what he described as a management crisis in the cryptocurrency industry. He pointed out that Bitcoin (BTC) development must make important decisions, for example with regard to the implementation of Schnoor signatures or better sidechain support.

Although such implementations are said to mean a dramatic improvement in Bitcoin's usability in the minds of many, they also introduce more complexity and risk to the system in a way that could affect the current value of BTC. How such debates can be resolved is still unclear, says Hoskinson.

EOS seems particularly relevant when it comes to cryptocurrency management issues. As Cointelegraph reported last October, the nodes (called block producers) reportedly merged and voted for each other, resulting in a backlash in the crypto community.

At the end of March, Hoskinson had also argued for a WiFi or Bluetooth moment in the cryptocurrency industry, pointing to the need for more interoperability.

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Written by

Don Bradman

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