Woes for EOS seem far from cooling down. The latest announcement from Block.one, EOS’s parent company failed to turn the tide up for the digital asset. Charles Hoskinson, the CEO of Cardano and Ethereum Classic blockchain, said that the much-anticipated EOS announcement was a “flop”.
Hoskinson’s reaction was in response to a question regarding Cardano’s recently released roadmap design in the latest edition of “The Cardano Effect”. Input Out HK [IOHK] recently released an updated roadmap emphasizing on the crux – to make the Cardano blockchain 100 times more decentralized than that of Bitcoin. When asked if the digital asset’s roadmap was designed to be investor specific, Hoskinson said,
“We don’t think a lot about investors at IOHK. The whole investment thesis in the cryptocurrency industry it’s a bit bizarre in just strange you know it’s things go out for no reason things collapse for no reason”
He also criticized Justin Sun, the founder of Tron [TRX], who spent $4.6 million for lunch with Bitcoin skeptic Warren Buffet and said that Sun is probably “out of ideas”.
“It’s just crazy to see what they have to do to keep that hype machine”
Taking a sly dig at Craig Wright’s hard fork coin, Hoskinson said that BSV’s surge last month was due to market manipulation while really good projects sometimes “linger far far away” and fail to garner traction. He is of the opinion that “its a lost cause if people get trapped in the behavior of trying to make investors happy”
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