Courtesy of Charles Hoskinson’s Twitter
- Charles Hoskinson has eclipsed Ethereum, a project he co-founded before moving to Cardano.
- According to data from Mevwatch.info, 62 percent of all blocks added to the Ethereum blockchain in the last 30 days have enforced OFAC compliance.
Charles Hoskinson, the founder of the Cardano blockchain, has continued to barb the Ethereum blockchain, comparing it to a horror movie.
Hoskinson responded to a chart showing the number of blocks produced by the Ethereum blockchain that are compliant with the US Treasury Department’s Office of Foreign Assets Control (OFAC) since the merger, saying that Ethereum is now with both Hotel California and Shining is comparable.
Ethereum now has two for one: Hotel California and the Shining https://t.co/O5X0gXAkuZ pic.twitter.com/27WY5BcpLo
— Charles Hoskinson (@IOHK_Charles) November 11, 2022
The Shining is a popular 1980 horror film based on a novel by Stephen King. The film was interpreted to have consistent themes of subjugation and a focus on American imperialism.
Hoskinson explains the pop culture reference by saying that since the Ethereum blockchain adheres to censorship of transactions based on OFAC recommendations, the US government decides who gets to use the network.
“Means blocks are OFAC compliant. So the US government decides who uses Ethereum,” he wrote in a follow up tweet.
The trend that OFAC compliant blocks are the majority of blocks added by Ethereum validators is a long-standing issue on the Ethereum network. It comes from miners and now validators using mev-boost – a service that allows outsourcing of block production to increase the APR.
pass Data from Mevwatch.info62 percent of all blocks added to the Ethereum blockchain in the last 30 days have achieved OFAC compliance. However, Ethereum developers have announced plans to fix the issue.
In a recent update to Ethereum’s development roadmap revealed by Vitalik ButerinCo-founder of the blockchain, a new development milestone called “The Scourge” was added to the document, which will focus on ensuring that MEV (or Miner Extractable Value) is phased out of the network.
Hoskinson creates strained relationships with other blockchain projects
The latest tirade isn’t the first time Hoskinson has pointed out flaws in Ethereum, which is a co-founder of blockchain networks. Shortly after Ethereum completed its move to a Proof-of-Stake (PoS) network with the Merge upgrade, Hoskinson called out Ethereum developers for ignoring Cardano’s Ouroboros PoS implementation.
He has also criticized networks like Ethereum Classic, calling it a dead project. He also recently described Dogecoin as a centralized project. This has earned it a controversial status in the crypto space, although Cardano continues to receive its fair share of criticism for being too slow with development.