Charles Hoskinson Criticizes Ethereum’s Governance, Calls It a ‘Dictatorship’
Cardano founder Charles Hoskinson has taken a critical stance against Ethereum , labeling it a “dictatorship” heavily influenced by its co-founder, Vitalik Buterin. Hoskinson claims Buterin holds too much sway over Ethereum’s development, turning the decentralized network into a system that relies on one individual for key decisions.
Speaking at Token2049 in Singapore , Hoskinson argued that Ethereum’s governance model overly depends on Buterin’s vision. He contrasted this with Cardano’s approach, which he says prevents the same centralization of influence. According to Hoskinson, blockchain governance can either remain simple like Bitcoin or concentrate power in a leader. However, Cardano avoids both extremes through its Voltaire-era governance model, which focuses on efficiency, effectiveness, and integrity by leveraging representatives and a member-based organization known as Intersect.
“If you have these three elements, you have a chance to avoid Bitcoin’s anarchy or Ethereum’s dictatorship, and you can move forward with one voice while staying decentralized ,” Hoskinson explained.
When pressed about his remarks, Hoskinson pointed out that Ethereum’s direction is largely driven by Buterin. He questioned what would happen to Ethereum’s future hard forks without Buterin’s leadership, arguing that Buterin’s influence shaped pivotal decisions, such as the move away from sharding to Layer 2 networks for scalability .
Read More: https://onthenode.com/cryptocurrency/charles-hoskinson-criticizes-ethereums-governance-calls-it-a-dictatorship
Cardano founder Charles Hoskinson has taken a critical stance against Ethereum , labeling it a “dictatorship” heavily influenced by its co-founder, Vitalik Buterin. Hoskinson claims Buterin holds too much sway over Ethereum’s development, turning the decentralized network into a system that relies on one individual for key decisions.
Speaking at Token2049 in Singapore , Hoskinson argued that Ethereum’s governance model overly depends on Buterin’s vision. He contrasted this with Cardano’s approach, which he says prevents the same centralization of influence. According to Hoskinson, blockchain governance can either remain simple like Bitcoin or concentrate power in a leader. However, Cardano avoids both extremes through its Voltaire-era governance model, which focuses on efficiency, effectiveness, and integrity by leveraging representatives and a member-based organization known as Intersect.
“If you have these three elements, you have a chance to avoid Bitcoin’s anarchy or Ethereum’s dictatorship, and you can move forward with one voice while staying decentralized ,” Hoskinson explained.
When pressed about his remarks, Hoskinson pointed out that Ethereum’s direction is largely driven by Buterin. He questioned what would happen to Ethereum’s future hard forks without Buterin’s leadership, arguing that Buterin’s influence shaped pivotal decisions, such as the move away from sharding to Layer 2 networks for scalability .
Read More: https://onthenode.com/cryptocurrency/charles-hoskinson-criticizes-ethereums-governance-calls-it-a-dictatorship
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