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Exclusive | Cardano CEO: Ethereum Lacks Interoperability Solution and Turns Useless for Many People

Abstract : Charles Hoskinson redicted that regulations of various countries will allow more funds of traditional financial industry move into cryptocurrency space, thus trigger next crypto bull market.

ChainDD
ChainDD

Mar 15

March 15 (ChainDD) During his interview with ChainDD and blockchain media Cyber Media at the Token2049 The Premier Crypto event in Asia held in Hong Kong, IOHK (Cardano) CEO Charles Hoskinson told ChainDD that Ethereum is a very good development platform but it lacks some fundamental capabilities that cannot gain by scalability. It doesn’t have a good interoperability solution either, and remains quite a few management problems. Given such existing problems, Ethereum’s contract is useless for millions of people.

Hoskinson called cryptocurrency industry a pioneer of the global finance revival. He said the industry is beneficial for developing countries’ building brand-new financial system and fairness of international finance.

He predicted that regulations of various countries will allow more funds of traditional financial industry move into cryptocurrency space, thus trigger next crypto bull market.

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