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In a new Ask Me Anything (AMA) on his YouTube channel, Cardano (ADA) creator Charles Hoskinson expresses his admiration for rival Ethereum’s ecosystem. He notes:
“[Ethereum’s] ecosystem is fascinating, roll-ups in particular. There’s a lot of magic there and I admire that greatly. And I think we can do better as an ecosystem.
I think a lot can be done above and beyond what we’re doing. The Ethereum space is doing interesting things there, really impressive things are happening.”
Hoskinson gives Ethereum’s co-founder Vitalik Buterin credit for grooming an active and tight community.
“If you’re intellectually honest, Ethereum has a humongous community.
5BTC or 111% + 111 Free Spins!
New players only. Exclusive 111% Welcome Bonus + 111 Free SpinsIt’s undeniable the pervasiveness of Ethereum. It’s undeniable that those people are also quite effective.
There is a problem-solving mindset that exists within Ethereum that is seldom seen in the rest of the cryptocurrency space. Where people don’t just bitch and complain about things or go to some sort of ideological religion, they actually try to solve stuff.
And I think it’s a testimony to good leadership from Vitalik. He’s a very solution-oriented person and he’s a very execution-oriented person. And while there’s depth and philosophy there, there’s always an engineering mindset of ‘build it, build it, build it, build it.’ And there’s a persistence there that is quite impressive and I admire that.”
Lastly, the Cardano founder highlights Ethereum’s use cases of blockchain technology beyond monetary utility:
“I think the other thing that Ethereum has done very well… They’ve been a very effective communicator as an ecosystem about blockchain utility that’s non-monetary…
But Ethereum came around and suddenly we have NFTs. And suddenly we have all these other things, oracles and video games. All kinds of weird experiences like metaverse stuff. It’s pretty cool and Ethereum was the first mover in that and there’s still a lot of strength and momentum in that community about dreaming big.”