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Cardano’s Hoskinson calls Ethereum Classic ‘scam’ after Ergo’s exclusion from Proof-of-Work Summit

Cardano (ADA) founder Charles Hoskinson described Ethereum Classic (ETC) as a rip-off challenge whose solely function is for insiders to dump on recruits with false hopes.

Ergo not invited to proof-of-work summit

The assertion was made in response to ETC Cooperative’s refusal to ask Ergo (ERG) to a Proof of Work summit organized by it and the Litecoin (LTC) Foundation.

ETC Cooperative Director Bob Summerville defended his community’s determination by citing the earlier historical past between each blockchains.

The ETC neighborhood has maintained deep animosity for Ergo after Hoskinson repurposed its earlier Twitter account — with greater than 600,000 followers — for the rival proof-of-work community final yr.

At the time, the Cardano founder described ETC as a useless challenge with no function and no different motive for current besides out of spite.

Hoskinson criticizes ETC

In a May 19 tweet, Hoskinson reacted to the information of the Ergo ban by describing ETC as a challenge with no “roadmap, innovation, team, or vision,” including that its neighborhood operates with “just anger and toxicity.”

Hoskinson defined that his firm — Input Output Global — was chargeable for constructing ETC’s earlier Twitter neighborhood and regarded it unethical to depart the account with followers,  a challenge that has now develop into a rip-off.

According to Hoskinson, Ergo is what ETC ought to have been as a result of it “continues to innovate, has a purpose, good ethical leadership, and funding for the future.”

Meanwhile, this isn’t the primary time Hoskinson has closely criticized a rival crypto challenge. The Cardano founder beforehand described the XRP neighborhood as poisonous and petty and known as Ethereum the “Hotel California of crypto.”


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