Hoskinson Criticized by Ripple CTO
Tech Si Hoskinson ay Pinuna ng Ripple CTO 6 minuto ang nakalipas Balita ng Ethereum ng Bitcoin The Ripple community and Cardano‘s founder have been at odds regarding the interpretation of corruption within the context of the ETHgate scandal. David Schwartz, the Chief Technology Officer at Ripple, has countered the statements made by Cardano’s founder about the potential motives behind the determination by United States regulators that Ether (ETH) is not considered a security. Charles Hoskinson, the founder of Cardano, addressed the much-debated ETHgate theory during an AMA session on October 8th. He argued that the actions taken by the government were not rooted in corruption. The ETHgate theory alleges that Ethereum received preferential treatment from U.S. regulators, particularly the U.S. Securities and Exchange Commission (SEC), which has consistently maintained that ETH is not a security for several years. Despite SEC Director William Hinman classifying Ether as not a security in 2018, U.S. regulators have grappled with defining the status of other cryptocurrencies, including XRP, which has posed significant obstacles to their adoption. Hoskinson, in his AMA session, contended that Hinmans released speech drafts on the regulatory status of Ethereum in June 2023 do not demonstrate corruption but rather favoritism. He stated, “None of that activity presupposes







