Charles Hoskinson Says Cardano Is Private - Coinleaks
Current Date:November 7, 2024

Charles Hoskinson Says Cardano Is Private

Charles Hoskinsonstated that the Cardano blockchain is quite special and well thought out in terms of design.

Cardanowho never hesitate to express their opinions about the blockchain and often praise blockchain design. Hoskinson, April 3tha shared in twitter In his post, he said that the network’s staking model is excellent and well implemented. This comment by Hoskinson, ISLANDexperienced in the first quarter of 2023. 70 percent It came after the increase of . at the time of writing 4.04 percentwith a rise of 0.40priced at dollar level ISLANDIt ranks 7th among the most valuable assets by market value.

Hoskinson Compares Ethereum and Cardano

Hoskinsonin his post, CardanoAnd Ethereumand noted the differences between the staking wallets of the two networks.

Ethereum and CardanoOne of the main differences between Cardano is that it is based on a different architecture. Cardano In , stakers can participate in activities such as initial stake pool offerings (ISPOs) while earning rewards through staking. This surveillance-free nature of ADA staking combined with the first mover advantage makes Cardano stand out in the number of stkaked wallets compared to Ethereum.

ADASTATaccording to the data, April 3, 2023as of 2,900More than staking pool operators as well as 1,271,709There are delegates around.

These statistics, which Hoskinson has regularly referred to in recent months, Ethereum‘Fame proof-of-stakeeven after the system Cardanopoints to superior community participation and decentralization of the network.