Charles Hoskinson, co-founder of Ethereum and founder of Cardano, criticizes bitcoin for its lack of innovation, comparing it to outdated platforms such as Yahoo and MySpace, which have been replaced by more modern technology.
He argues that #BTC capitalizes on its past success and enormous scale without introducing new features and calls Bitcoin "stagnant" because its only value is its large user base.
In contrast, #Cardano stands out for its innovative approach and ability to adopt new technologies. Hoskinson explains that Cardano is designed to evolve and meet market needs, and its development and distribution is driven by a strong community.
Cardano offers more efficient and secure smart contracts and decentralized applications (dApps) than Bitcoin. Designed with flexibility and scalability in mind, Cardano aims to adapt to future technological changes.
Hoskinson also touches on sustainability, contrasting Cardano's energy-efficient Proof-of-Stake (PoS) model with Bitcoin's energy-intensive Proof-of-Work (PoW) model. This green approach makes Cardano attractive to environmentally conscious investors.
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