🔥🔥Recent Cardano Price Surge and Ethereum Criticism 🔥🔥

$ADA

Cardano’s price has increased by 15% in the last week. While founder Charles Hoskinson describes Ethereum as decentralized, the community is optimistic about the asset. In the last seven days, Cardano has gained 15% to $0.394636, returning to the top 10 cryptocurrencies. However, critics are questioning the network’s activity figures. Hoskinson criticized Ethereum, led by Vitalik Buterin, saying, “Everyone looks to them for their roadmap.” Cardano has gained 25% in the last two weeks, outperforming Ethereum by 21%. This indicates increasing interest and participation. Hoskinson argued that Cardano’s governance model is more decentralized and collaborative, and stated that with the Voltaire Era that began on September 1, ADA Coin investors have the right to vote on the development of the network. However, this governance capability, while long available on other networks, is quite new for Cardano. Moreover, Cardano, which gained smart contract capabilities at the end of 2021, still lacks interesting applications. Some community members think that Hoskinson is not working hard enough and is devoting resources to unnecessary discussions. The competition between Cardano and Ethereum continues. Although Hoskinson argues that Cardano’s governance model is more sustainable, this claim seems debatable for a model that is still new. Although he criticizes Ethereum’s centralized structure, Hoskinson’s leadership can also be questioned. As a result, although Hoskinson’s criticisms have sparked discussions in the Ethereum community, it is clear that he has not made a significant contribution to Cardano’s development. Perhaps Hoskinson should be more interested in the development of his own network.