Charles Hoskinson slammed Ethereum Researcher Justin Drake.
Drake called out Cardano’s security model, claiming it puts users’ assets at risk.
Hoskinson said that Cardano is built on Bitcoin’s decentralized model.
Charles Hoskinson, the founder of the Cardano blockchain, criticized Ethereum researchers for failing to study the project’s advancements over the last seven years. His comments came after Ethereum researcher Justin Drake discussed Cardano’s security in an interview on the Paul Barron Network, a crypto-focused podcast.
Drake claimed that Cardano’s consensus mechanism, Ouroboros, poses risks because it lacks penalties like slashing, where validators lose part of their staked cryptocurrency for malicious behavior. According to Drake, this allows attackers to act without consequences.
Hoskinson refuted these claims in a post on X (formerly Twitter), stating that Ouroboros provides strong security without relying on slashing. He emphasized Cardano’s inspiration from Bitcoin’s decentralization principles, which are adapted to its Proof of Stake (PoS) design.
This guy is the chief scientist??? I guess he doesn't understand how nakam…
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