Cardano (ADA) Founder Attacks ETC: It's a Dead Crypto Project
Founder of Cardano (ADA) and the DLL Community
The feud between the founders of Cardano and the Ethereum Classic community is heating up. Hoskinson criticized ETC after an ETC supporter accused Hoskinson of trying to profit from the network following a proposal for a 20 percent mining tax.
In a recent tweet, Hoskinson called Ethereum Classic a suspended animation project with no real purpose or convincing argument for its existence.
"I like the suggestion that sustainable development funds are seen as a miner's tax," explained the CEO of Global Input Output (IOG) sarcastically, quoted from Crypto Potato.
In 2014, the Cardano executive left Ethereum (ETH) due to arguments regarding the future direction of development.
However, Hoskinson received accusations from the ETC community after he proposed a decentralized treasury protocol to set up a development fund for the blockchain.
The accusations against Hoskinson came as ETC hit an all-time high for a hash rate of 48.82 TH/s this week. ETC's hash rate increased by more than 100 percent in the last year.
This is not the first time the ETC community has rejected Hoskinson's proposal. After the blockchain suffered a series of 51 percent attacks, Hoskinson reached out to help.
As a result, Hoskinson said while he intended to help the ETC community in the past, he felt he was being treated unfairly by the Ethereum Classic leadership team.
Not only that, the Cardano founder controls the Ethereum Classic Twitter account. He has no intention of giving access to the community in the near future, much to the dismay of ETC supporters.
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