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Charles Hoskinson, Founder of Cardano (ADA), Expressing his dissatisfaction with his ex-colleague Vitalik Buterin Bitcoin Developer Jimmy Song Proof of stakes (PoS) Network.
Hoskinson used Twitter on July 4th to label Song’s microblogging platform posts as “ridiculous.” “The level of stupidity here is beyond explanation,” Hoskinson said.
Song has taken a pointed jab with proof of stake systems such as Cardano, Ethereum, and other networks that utilize equivalent algorithms. He said these systems could not address General Byzantine’s problems and, as a result, could not guarantee true decentralization.
“Proof of Stake does not solve the Byzantine Generals issue. Therefore, it does not provide a decentralized consensus. If you do not understand this tweet, you are not entitled to claim the Proof of Stake at all,” Song said. I am saying.
Buterin, who is currently working on the transition from Ethereum’s Proof of Work (PoW) consensus algorithm to a proof stake mechanism, Did not speak positively..
The creators of Ethereum responded to tweets in a more civilian way, saying:
“Hint: There is a long tradition of people discussing A vs. B based on deep discussions that touch on mathematics, economics, and moral philosophy,” B is stupid because of one line of expertise, including definitions. ” If you say, you’re probably wrong. “
The Byzantine general’s dilemma is a major obstacle to many different networks, especially those that rely on consensus. This issue is caused by the fact that multiple players are needed to reach consensus for the system to function properly, but often none of these actors trust each other. ..
However, Bitcoin was the first blockchain to provide a solution to the problem through the implementation of immutable public records, reducing the incentive for fraudulent individuals to join the network.
Hoskinson, on the other hand, is not the one to lie down and criticize. Rather, he is the type of person who constantly comes to defend his ideas, even if doing so may be rude.
Hoskinson may not be the first or the last to publicly speak to a post or statement he sees as a direct or indirect attack on Cardano.
The founder of Cardano was formerly TerraDo Kwon, made a derogatory comment on the ADA token.
Featured image via Charles Hoskinson YouTube..
