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Cardano creator dispels misconceptions, denies working with Ripple

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TL;DR Breakdown

  • Charles Hoskinson, the creator of Cardano, has denied any affiliation with Ripple and clarified that he has no ties to the company.
  • There was confusion surrounding Hoskinson’s alleged connection to Ripple due to mistaken identity and rumours.
  • Vitalik Buterin, the co-founder of Ethereum, had applied for an internship at Ripple in 2013 but could not participate due to visa complications.

Description

Cardano‘s (ADA) creator, Charles Hoskinson, recently took to Twitter to dispel rumors of a partnership with Ripple and clarify his professional background. Hoskinson emphasized that he had no affiliation with Ripple (XRP) and expressed his bewilderment at the endless stories suggesting otherwise. Furthermore, he stressed the need to differentiate himself from Ethereum co-founder Vitalik Buterin, … Read more

Cardano‘s (ADA) creator, Charles Hoskinson, recently took to Twitter to dispel rumors of a partnership with Ripple and clarify his professional background. Hoskinson emphasized that he had no affiliation with Ripple (XRP) and expressed his bewilderment at the endless stories suggesting otherwise.

Furthermore, he stressed the need to differentiate himself from Ethereum co-founder Vitalik Buterin, who had once applied for an internship at Ripple but ultimately did not participate due to visa issues.

The confusion surrounding Hoskinson’s alleged connection to Ripple stemmed from mistaken identity, with some crypto enthusiasts incorrectly assuming that he had worked as a Ripple intern. However, Hoskinson categorically denied ever being associated with the company and expressed his desire to avoid being confused with Buterin, who had indeed sought an internship opportunity at Ripple in 2013.

While Buterin’s attempt to intern at Ripple provides an interesting tidbit, it did not come to fruition due to visa complications. Instead, Buterin went on to collaborate with fellow cryptocurrency enthusiasts and became one of the co-founders of Ethereum, currently the second most valuable cryptocurrency in the market.

Former Ripple executive Matt Hamilton shared the information about Buterin’s internship application as part of a discussion on the first blockchain to implement various features such as tokenized assets, decentralized exchanges, smart contracts, and stablecoins.

Hamilton aimed to dispel claims that Ripple was the pioneer in implementing these functionalities. However, data from cryptocurrency analytics firm Token Paddock contradicts this assertion, indicating that Ethereum was the first blockchain to offer decentralized capabilities.

Charles Hoskinson, the creator of Cardano, has clarified that he has no ties to Ripple and denied any affiliation with the company. He also sought to distinguish himself from Vitalik Buterin, who had previously applied for an internship at Ripple but could not participate due to visa issues. The debate surrounding the first blockchain to introduce tokenized assets, decentralized exchanges, smart contracts, and stablecoins remains ongoing, with conflicting claims from Ripple and Ethereum proponents.

The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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