Crypto

Cardano Founder Charles Hoskinson Responds to Controversial Revelations Made by Former Ethereum Insider

courtesy of bitcoinist.com

Hoskinson Addresses Former ETH Insider's Revelations

Charles Hoskinson, co-founder of Ethereum and founder of Cardano, has responded to the controversial revelations made by former Ethereum insider Steven Nerayoff. The latter recently released private conversations with Ethereum's founder Vitalik Buterin and a "Rescue & Restructure Plan" for Ethereum dating back to 2015.

The Long-standing Acquaintance

Hoskinson acknowledged his long-standing acquaintance with Nerayoff, stating that they have known each other for a long time. He mentioned that Nerayoff was introduced to him by a mutual friend, John Mohan. They first met in 2013 and have had intermittent conversations since then.

Crediting Nerayoff's Contributions

Reflecting on the early days of Ethereum, Hoskinson credited Nerayoff with significant contributions, particularly in the early stages of the structuring of the Ethereum crowd sale. He also mentioned that Nerayoff provided advice about business strategy and how to structure Ethereum after he was pushed out of the project.

Addressing Allegations

Hoskinson addressed the allegations made against him, including claims of deceitful behavior and non-contribution to the crypto space. He defended his track record, citing the development and success of Cardano and the absence of any legal issues or scandals associated with his work.

Caution in Interpreting Revelations

Hoskinson urged caution in interpreting Nerayoff's disclosures, highlighting the complexity of the situation and cautioning against making hasty judgments based on partial information. He advised not to believe everything just because someone released a transcript, emphasizing the need for a comprehensive understanding of the situation.

Hope for Reconciliation and Unity

Despite past conflicts, Hoskinson expressed hope for interoperability and collaboration within the crypto space. He emphasized the personal toll of the disputes and called for unity in the crypto community. He wished Nerayoff well in his search for truth and urged everyone to move forward.

At press time, ADA traded at $0.372.

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