Cardano News Today – Charles Hoskinson Comes for Ethereum Again, Says Cardano is Ready to Fight – June 20th, 2020

  • I’m Ready to Fight & We’re Gonna Win This” Charles Hoskinson Says Referring to Cardano Vs. Ethereum
  • Cardano ADA Corrects Lower Against the USD 

Cardano News Today – Charles Hoskinson was a co-founder of Ethereum who left the Ethereum network to create Cardano. Cardano was developed to be a complete upgrade of Ethereum. Followers of Ethereum still believe that Ethereum is the foremost decentralized computer, Charles Hoskinson and other members of the Cardano community believe that it is now the best-decentralized computer. During a recent interview, Charles Hoskinson said that the biggest lie in the cryptocurrency community is that Ethereum has achieved a network effect consensus. He said that the fact that Ethereum is the dominant smart contract platform doesn’t mean it is the best.

Cardano News Today – Is Cardano Better Than Ethereum 2.0?

Cardano has been getting a lot of attention thanks to the Shelley related upgrades and the final mainnet launch that is scheduled to happen in the next few weeks. Last week, a version of the Cardano Daedalus wallet was released. IOHK also said that up to 56% of the ADA addresses are in profit. While talking to Messari, Hoskinson said;

“I think people are gonna be very pleasantly surprised about our progress… we have a few surprise announcements that we’re kind of holding in our back pocket that we’re super excited about.”

Cardano (ADA) Price Today – ADA / USD

NamePrice
cardano
Cardano
$0.099

Hoskinson also talked about the upcoming proof-of-stake solving papers that Ethereum is planning to release. The purpose of the paper is to get parity with proof of work. He said that they can make the Ethereum protocol faster and layer it with different capabilities like the long-awaited sharding down the road. He continued; “They say we’re the dominant platform which is like saying you’re the biggest fish in a very tiny pond next to the ocean.”

Hoskinson said that everybody is fighting and no one has won the war yet. He said that the winner is going to be the network that solves real-world problems. It must be perfect in terms of utility and experience that will help the user. He finished;

“I’m ready to fight and I think we’re gonna win this one, all the things we’ve been working on for five years are just coming together all at once.”

Cardano News Today – Cardano ADA Corrects Lower Against the USD

The Cardano ADA token has been moving higher against the USD since the beginning of the year safe for the few downward price corrections. Year to date, the price of ADA has increased by 139%. It has reclaimed the 10th position on CoinMarketCap. At the time of writing, the price of the token was $0.078847. It is down by 2.22% against the USD and down by 1.55% against Bitcoin. The trading volume over a 24 hour period is $177,715,343 and the market capitalization is $2,044,260,056.

Ufuoma Ogono is a cryptocurrency writer with over 3 years experience in the cryptocurrency industry. She dedicates her time to sharing valuable information to members of the cryptocurrency community.

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