• Vitalik Buterin expressed discomfort about Ethereum’s staking model, raising security concerns.
• Charles Hoskinson of Cardano seized the opportunity to criticize the Ethereum PoS application in a long-standing feud between the two crypto communities.
• Hoskinson compared Ethereum’s staking experience to a scene from “The Shield” where Forest Whitaker repeatedly screams, “he is pissing on us!”
Vitalik Buterin Expresses Concerns Over Ethereum Staking
Vitalik Buterin, co-founder of Ethereum, recently raised questions about the security of their proof-of-stake (PoS) application in a video that has made rounds on crypto Twitter. Buterin expressed that he stakes only a small portion of his ETH holdings due to safety concerns and issues with setting up multisig wallets for staking.
Charles Hoskinson Criticizes Ethereum’s PoS Model
Charles Hoskinson, founder of Cardano, jumped at this opportunity to throw jabs at ethereum’s staking model and has been an outspoken critic for some time now. In a tweet posted Thursday June 29th, Hoskinson compared the Ethereum Staking experience to a scene from ‘The Shield‘ where Forest Whitaker repeatedly screams „He is Pissing On Us!“
Long-Standing Feud Between Crypto Communities
This exchange highlights the intense rivalry between both founders and lack of love lost between the Cardano and Ethereum communities. This is not the first time that Charles Hoskinson has taken shots at the ethereum staking model. Around launch of The Merge , another project by Cardano , he publicly criticized it as well.
Hoskinson’s Comments Draw Response From Crypto Community
Hoskinsons comments have unsurprisingly sparked a flurry of shocked responses from other members of the cryptocurrency community who are aware of this longstanding feud between both projects‘ teams.
Conclusion
In conclusion, this latest incident further demonstrates how little love is lost between these two camps and their respective projects; however, it also serves as an important reminder to remain vigilant when dealing with online services like staking platforms.