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Founder of Cardano: More than 100 companies are moving from Ethereum to Cardano


Criticizing Uniswap and CryptoKitties, Cardano creator Charles Hoskinson said more than 100 companies were migrating from Ethereum to the Cardano network.

to the the report Youtoody Charles Hoskinson, founder and CEO of IOHK, claimed in a recent interview with Bloomberg that more than 100 companies are in the process of moving from Ethereum to Cardano.

As previously reported in the media, SingularityNET, the artificial intelligence company and maker of the humanoid robot Sophia, has seriously considered migrating to Cardano.

Although the ADA digital currency has recently become the third largest digital currency, its parent blockchain is often not taken very seriously, and some have dubbed it Vaporware. Nic Carter, of Coin Metrics, believes that the Cardano blockchain does not have a significant single application:

I am not aware of a single popular application developed on Cardano, nor have I seen any enthusiasm for this platform among developers.

Haskinson is not modest about his ambitions in the decentralized finance industry, arguing that the Cardano bloc is far more efficient than Ethereum, China’s leading bloc in this area:

You can get your defa and run it on my system by paying 1 in 100 to 1 in 1000.

The mathematician, who split from the project due to disagreements with other Ethereum developers and created Cardano, has also made harsh statements against Uniswap and CryptoKitties. UniSwap is the largest decentralized exchange and cryptocurrency is a perfect example of a dApps. He compares these two platforms with Beanie Babies:

I do not care about ion swaps, cryptocurrencies and other things. This is a bubble that comes and goes. Like Pet Rocks and Beanie Babies fantasy objects.

Haskinson has far bigger plans than pushing Ethereum out of the defy. He wants all countries to use the Blockchainkade he has created.

While Cardano still has a long way to go to become a Blockchain used by governments, Haskinson, 33, has become a well-known figure, claiming to be known at public airports and receiving emails from his supporters. “It simply came to our notice then.

This is the most surreal part of the story.

The billionaire is an emerging social media star, and his followers on YouTube and Twitter are growing alongside Cardano.

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