Charles Hoskinson, the founder of Cardano (ADA), recently spoke to the crypto community during a European tour. In a detailed video update, he addressed swirling rumors about his dedication to the ADA project. He also shared his objective technical perspective on other blockchain initiatives, including the Sui network.
Hoskinson's Balanced View on Rival Technologies
Hoskinson opened his discussion by commenting on the highly polarized nature of the cryptocurrency space. He observed that the community often expects founders to be relentlessly critical of competing projects. He noted that any positive comment from him is instantly misinterpreted as a sign of abandoning Cardano.
He firmly believes this tribal mindset is harmful to the entire ecosystem. It stifles collective learning and prevents the industry from growing together. His praise for the Sui blockchain was a prime example of this dynamic, leading to widespread speculation.
His interest in Sui is purely technical and academic. He expressed admiration for its consensus protocol, developed by researcher George Danezis. Hoskinson highlighted the Narwhal and Tusk paper, which describes a remarkably fast Byzantine Fault Tolerance (BFT) protocol.
He was careful to clarify the limits of his praise. His comments were strictly about the underlying technology and science. He explicitly stated he has not analyzed Sui’s tokenomics, distribution model, or launch strategy. Furthermore, he confirmed he holds no SUI tokens and has no formal involvement with the project.
Cardano’s Unwavering Development and Long-Term Vision
Hoskinson took significant time to reaffirm his deep commitment to Cardano’s roadmap. He described ADA’s development philosophy as one centered on compositionality and long-term momentum. Every design decision is made with the future in mind, building a foundation for decades to come.
He directly countered narratives that Cardano’s technology is lagging. In a bold statement, he suggested that Ethereum is now attempting to implement features that Cardano has already successfully deployed. He pointed to on-chain governance, non-custodial liquid staking, and the UTXO model as areas where Cardano leads.
The development of the Ouroboros Leios protocol is a key focus. Hoskinson confidently stated that upon completion, it will be the fastest single-shard protocol available. The project is nearing the end of its prototyping phase, with its CIP (Cardano Improvement Proposal) already drafted.
Governance and decentralization remain paramount for the ecosystem. Hoskinson announced the activation of what he calls the largest decentralized governance system in the industry. Over 500 individuals have already registered to become Delegated Representatives (DReps), showcasing strong community participation.
Hoskinson’s vision for Cardano is grand in scale. He stated its aspiration is to become the world’s dominant platform for economic, political, and social systems. He firmly believes Cardano possesses the best network stack, consensus architecture, and programming model to achieve this goal.
Addressing the Speculation Head-On
To leave no room for doubt, Hoskinson directly tackled the rumors of his departure. He stated that he will continue to acknowledge good science and engineering wherever he finds it. However, praising another project’s innovation does not equate to a loss of faith in his own.
He projected immense confidence in Cardano’s future, stating his belief that it will grow to become the largest cryptocurrency ecosystem globally. He acknowledged that this will be a long-term endeavor, achieved through the collective efforts of millions of people working on their own projects within the ecosystem.
He concluded with a powerful message of dedication, expressing his love for the project and its world-changing mission. Cardano, he affirmed, is purpose-built to reshape global systems, and he is there to see it through.
Frequently Asked Questions
Why did Charles Hoskinson praise the Sui blockchain?
He praised it for its technical merits, specifically its high-throughput consensus protocol developed by a respected researcher. His comments were focused solely on the computer science and engineering achievements, not on Sui’s market performance or tokenomics.
Is Charles Hoskinson leaving Cardano for Sui?
No, he explicitly denied this. He stated that appreciating good technology in another project does not mean he is abandoning Cardano. He reaffirmed his long-term commitment to ADA’s development and ecosystem growth.
What is Cardano’s main advantage according to its founder?
Hoskinson believes Cardano’s advantages are its rigorous scientific approach, its pioneering on-chain governance model, and its long-term design philosophy. He also highlighted the upcoming Ouroboros Leios protocol as a key technical differentiator.
How does Cardano’s governance work?
It uses a decentralized voting system where ADA holders can delegate their voting power to Delegated Representatives (DReps). This system is designed to allow the community to guide the future development of the blockchain in a fair and distributed manner.
What is the Ouroboros Leios protocol?
It is an upgrade to Cardano’s existing consensus mechanism currently in development. It is designed to significantly increase the network’s transaction throughput and speed while maintaining security and decentralization as a single-shard solution.
Where can I learn more about different consensus mechanisms?
For those interested in the technical details of how blockchains like Cardano and Sui achieve agreement and process transactions, you can 👉 explore more about consensus protocols here. Understanding these fundamentals is key to evaluating different projects.