Blockchain News

Cardano Chief Says He’s Not Retiring Anytime Soon

Written by James Smith

In a recent video he titled “Birthday Musings”, Charles Hoskinson, founder of the blockchain platform, Cardano has said he is not retiring anytime soon. He feels there is a lot at stake, hence leaving the company now is not the right option.

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The 35-year-old founder condemned the activities of trolls and the constant attacks he keeps getting lately on social media. While he admits that it’s frustrating when people lie about Cardano’s progress, Charles is reluctant to throw in the towel just yet and will keep at it as long as there is something to win.

 

Recently Charles repurposed the verified Twitter page of Ethereum Classic to that of the Ergo proof-of-work network. His confiscation of the account that has served the Ethereum Classic community since 2016 was greeted by condemnation by many in the crypto Twitter community. Many believed the 600k Twitter handle belonged to the community and Charles was just a custodian.

 

Furthermore, the Cardano chief publicly severed ties with the XRP community after news of the brawl with Ethereum Classic made the rounds. The outspoken critic has been the target of many supporters of the XRP coin. According to his tweets, these XRP trolls continued to harass him unprovoked, forcing him to block most of them as he says he’s done with it.

 

The move sparked reactions in the crypto Twitter community with some users urging the Cardano chief not to stereotype the XRP community based on the actions of a selected few.

 

Meanwhile, the Cardano founder has said Blockchain technology could revolutionize government structures from the whelms of archaic processes to modern ones. With the recent video, it’s evident that Charles is in no hurry to join other top executives in crypto firms that have either retired or stepped down from their positions to pursue other possibilities.


In September, Jesse Powell, co-founder of crypto exchange Kraken, stepped down as Chief Executive Officer and was replaced by the firm’s Chief Operating Officer Dave Ripley. Also, Alexander Höptner, took over as CEO of BitMEX Exchange after Authur Hayes submitted his resignation last month.

Image source: Shutterstock




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James Smith

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