While to many Charles Hoskinson and Vitalik Buterin appear to be antagonists within the Blockchain ecosystem, the two developers have points of agreement on certain issues, one being the utility of the blockchain. Proof-of-Stake for the future of Blockchain.
The crypto ecosystem may have irreconcilable differences between its main figures, but sometimes they coincide on certain points, especially when they are quite controversial.
This is what happened with two personalities generally considered as rivals within the Blockchain ecosystem, Charles Hoskinson and Vitalik Buterin, who despite their differences seem to have found a point of agreement, and coincided in harshly criticizing the one of the developers of Bitcoin for his controversial opinions against the Proof-of-Stake (PoS) consensus algorithm.
Hoskinson and Buterin criticize Bitcoin developer
This development follows a comment by Bitcoin developer Jimmy Song, who in his post criticized the PoS systems employed by networks such as Cardano, Ethereum and many others, saying they could not solve the problem. problem of the Byzantine general and that, consequently, they did not guarantee a real decentralization:
“Proof of stake does not solve the general Byzantine problem, it does not provide decentralized consensus. If you didn’t understand this tweet, then you are completely unqualified to make any Proof of Stake statements.
Proof-of-stake does not solve the Byzantine General’s Problem. Therefore, it does not provide decentralized consensus.
If you didn’t understand this tweet, then you are completely unqualified to make any claims about proof-of-stake.
— Jimmy Song (송재준) (@jimmysong) July 2, 2022
That’s where Vitalik Buterin and Charles Hoskinson’s answers came in. The Ethereum representative took the time to write the following:
“Professional recommendation: If there’s a long tradition of people debating A vs. B based on deep arguments that touch on math, economics, and moral philosophy, and you come up saying ‘B is stupid because of a one-line technicality involving definitions’, you’re probably wrong.”
Pro-tip: if there’s a long-established tradition of people debating A vs B based on deep arguments touching on math, economics and moral philosophy, and you come along saying “B is dumb because of a one-line technicality involving definitions”, you’re probably wrong. https://t.co/22N0OaHyz1
— vitalik.eth (@VitalikButerin) July 3, 2022
For his part, Charles Hoskinson was much more blunt and simply shared the following:
“The level of stupidity here is beyond explanation.”
The level of stupid here is beyond explanation https://t.co/2ARGkcpBgG
—Charles Hoskinson (@IOHK_Charles) July 4, 2022
An agreement in a context of disagreement
For those who don’t know, Charles Hoskinson was originally one of the main developers of Ethereum. However, some differences, mainly with Buterin, regarding the network’s approach, caused him to leave the project. Since then, he has been working on designing a network that would improve the aspects he criticized at the time.
Thus was born Cardano, a network led by Charles Hoskinson and the IOHK/IOG team that moves at its own pace, with support for smart contracts and blockchain-based use cases, and will receive soon an update that will bring operational improvements in terms of performance, scalability and reduced transaction costs.
Without being a declared enemy, Charles Hoskinson has been critical on the networks towards the progress and performance of Ethereum, even raising certain discussions and debates by inviting Vitalik Buterin to take certain aspects into account.
But although Cardano and Ethereum are different projects, Proof-of-Stake seems to be a point of agreement between the two developers, since the former has been implementing this consensus algorithm since the arrival of the update called Shelley, while the other prepares everything for the implementation of The Mergea process in which it will implement this mode of operation to replace Proof-of-Work (PoW).
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