Why Charles Hoskinson Deserves Our Admiration: Ripple Co-Founder?

The co-founder and the executive chairman of Ripple, Chris Larsen, stated why he admires the creation of Cardano-Charles Hoskinson despite the small dispute the developer had with the XRP community shortly after giving an interview.

Charles Hoskinson was asked to comment on the most recent SEC action that affects Ripple, certain key players in the field, and the cryptocurrency business in general at his most recent lecture.

The co-founder of Cardano claims that several groups, including XRP, think that the commission is corrupt and that this is the main reason why it is targeting Ripple. Hoskinson, however, disputes such assertion.

The lack of regulatory clarity and the restrictive environment in which the SEC must operate are the key factors driving the regulator to crack down on digital assets. The co-founder of Ripple backed up the hypothesis by claiming that the SEC is utilizing regulation to put all cryptocurrencies within its purview.

Hoskinson’s intention to use the proof of useful work method to turn Bitcoin

Later, Larsen said that he respects Hoskinson’s intention to use the proof of useful work method to turn Bitcoin into a carbon-negative network and that he has significantly improved the industry’s “greenness.”

The co-founder of Ripple’s statements, however, did not calm down XRP enthusiasts, who continue to argue that Hoskinson is mistaken and hold the conspiracy theories about Ripple, the SEC, and Cardano as fact. The co-founder of Cardano previously declared that he and the XRP community have “no beef.” When he claimed on his account that he had only expressed an opinion, a flurry of users on Twitter started to attack him at once.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Annie

CoinCu News