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Cardano vs. Ethereum: Charles Hoskinson Dukes It Out With Ian Balina
IOHK Charles Hoskinson had some harsh words Ian Balina, the founder of blockchain analytics company Token Metrics. The bone of contention was Balina's earlier tweet where he claimed that Ethereum was superior to Cardano from a technical perspective.
Alex Dovbnya"You've lost your damn mind"
After Balina got some pushback from the holders of the ADA cryptocurrency, he explained that Token Metrics came to the conclusion that ADA had "solid tech" but its code was worse compared to Ether. Hoskinson didn't take this statement lightly, saying that Balina "has lost his damn mind." This time, however, the eccentric crypto boss didn't go as far as announcing an MMA fight.
Ethereum has better code? Can I buy whatever drugs you are smoking? You've lost your damn mind
— Charles Hoskinson (@IOHK_Charles) December 31, 2019Advertisement
Hoskinson was among the original founders of Ethereum, the second most successful cryptocurrency in history. However, he later left the project due to a brawl with Vitalik Buterin and directed his energy to IOHK-created Cardano, which could soon become the most decentralized blockchain out there with the launch of Shelley.
As reported by U.Today, Weiss Ratings named ADA one of the most "undervalued" cryptocurrencies.
A big decade for Ethereum?
Balina seems certain that Ethereum will be on a tear in the 2020s, going as far as surpassing the market cap of Bitcoin during the new decade. Even though this prediction might seem far-fetched as now, ETH did come close to flippening BTC during the ICO craze.
Prediction: Ethereum surpasses Bitcoin in market cap in 2020s.
— Ian Balina ???? (@DiaryofaMadeMan) December 31, 2019
This is inevitable.
Sorry $BTC maximalists. $ETH wins in the end.
While it's too early to tell how Ether is going to perform throughout the next ten years, it's safe to assume that it might witness a solid price bump in Q1 2020 based on the asset's past performance.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
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