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Cardano founder speaks about Ethereum Classic

3:09 pm, September 6, 2022

Charles Hoskinson, the founder of Cardano, has criticized the Ethereum Classic blockchain in a conversation with his Twitter followers, calling it unnecessary.

According to Charles Hoskinson, Ethereum Classic is a dead cryptocurrency that does not use its full potential. The founder of Cardano proposed to introduce a 20% tax for miners on Ethereum Classic mining (perhaps because Hoskinson is an environmentalist). The cryptocurrency community took Hoskinson’s comments ambiguously, and many disagreed with the ADA father’s opinion.

In 2016, developers split Ethereum. As a result, some miners were left to work with the old Ethereum Classic (ETC) blockchain, which did not reach the desired value and popularity. However, users are now actively investing in ETC — the ethereum hard fork has grown by 25% per day.

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