Charles Hoskinson – the founder of the blockchain platform Cardano – revealed his three reasons why Ethereum falls behind his project. Additionally, he scratched the topic of BTC’s energy consumption.
In a recent Yahoo Finance interview, Cardano’s founder Charles Hoskinson criticized Ethereum’s network by calling it overrated and outlining a lack of vital qualities.
First, Ethereum can only process smart contracts while the rival Cardano can do that with governance and compliance. Hoskinson added that his project could operate with metadata and also with automated regulation. Moreover, he concluded that Cardano was created to bring identity to the blockchain system.
