Odaily Planet Daily News Cardano founder Charles Hoskinson posted on social media that Ethereum Classic (ETC) is a scam and has no meaningful goal other than promoting insiders to sell their positions to unsuspecting investors. And the project lacked a roadmap, innovation, a competent team and a clear vision. The statement came in response to ETC Cooperative’s refusal to invite Ergo (ERG) to the POW Summit organized by it and the Litecoin Foundation, causing concern in the cryptocurrency community. Many questioned the timing of Hoskinson’s comments, given that ETC has seen a recent surge in price and popularity. Last year, Hoskinson repurposed his former Twitter account (with over 600,000 followers) for rival Ergo, and the ETC community has been deeply hostile to Ergo ever since. According to Hoskinson, ETC was built over years of hard work and marketing by Input Output Global (IOG), and it would be unethical to foist a project that is now a scam on those who followed it. In addition, Hoskinson believes that the Ergo he is currently involved in should be like ETC. Ergo is a cryptocurrency that focuses on improving the limitations of blockchain technology, such as scalability, interoperability, and security. He also claimed that Ergo will continue to innovate with purpose, good ethical leadership and funding for the future. He believes Ergo is a better choice for cryptocurrency investors looking for a clear vision and future roadmap. The remarks have sparked a discussion within the cryptocurrency community about ETC's credibility and the ethical obligations of developers and industry insiders. While some criticized Charles Hoskinson's remarks, others praised him for speaking out against what he considers to be unethical. practice. (Bitcoinist)