Praise to Hoskinson from Ripple's Co-Founder - Coinleaks
Current Date:September 21, 2024

Praise to Hoskinson from Ripple’s Co-Founder

co-founder of Ripple Chris Larsenthanked Charles Hoskinson for addressing Cardano’s (ADA) operating system.

Cardano founder Charles Hoskinson is at odds with the Ripple (XRP) community after sharing an opinion on the SEC and the Ripple lawsuit. While the community is against Hoskinson, the Ripple co-founder shares opposing views.

Ripple Co-Founder Shares His Views on Cardano

According to Charles Hoskinson, some communities like XRP believe there is corruption within the commission and this is the main reason why the SEC is targeting Ripple. But Hoskinson thinks that’s not the case.

Hoskinson says the main reason why the SEC is harming digital assets is the lack of regulatory clarity and the creation of a tight fit that the SEC can work with. The XRP community insists that Hoskinson was wrong and that a Cardano is part of a conspiracy.

Ripple co-founder Chris Larsen supports the theory stating that unlike the community, the SEC uses regulation to bring all crypto into its mandate. At the same time, he praised Cardano’s working system, referring to it.

Chris LarsenIn a post on Twitter, he said:

“Charles has been instrumental in attempts to make the industry greener, particularly code research and development for Proof of Useful Work (a way Bitcoin becomes a carbon negative chain). Thank you for your interest in this important matter!”