In this line, in a tweet on December 21, the Ethereum (ETH) co-founder slammed Coinbase for not incorporating Cardano, terming the omission as ‘pretty sad.’ Hoskinson’s disappointment with Cardano’s omission from the report aligns with his previous sentiments, where he has argued that the platform is not receiving sufficient credit amid the ongoing network developments.
Hoskinson on Cardano attacks
For instance, the Cardano founder had earlier warned that the network would likely be attacked after Ethereum shifted to the proof-of-stake (PoS) following the Merge upgrade. According to Hoskinson:
Coinbase 2023 outlook
Elsewhere, in the report, Coinbase projected that moving into 2023, institutional investors will continue increasing their position in the crypto space alongside the emergence of creative destruction that will likely usher in a new cycle for the digital assets markets. At the same time, the exchange stated that the crypto regulatory landscape will likely become clear in 2023, led by institutions’ demand for better governance.
Hoskinson’s decision on XRP
In the meantime, Hoskinson has come under from the crypto community, specifically XRP fans, who accused him of siding with the Securities Exchange Commission (SEC) in its case with Ripple. In this line, as reported by Finbold, Hoskinson resolved not to comment on any topic regarding XRP and Ripple over what he termed vicious attacks from the community. In spite of its absence from the report, Cardano is undergoing significant development on different fronts as the platform aims to increase the adoption of cryptocurrencies. For instance, Cardano has recorded growth in the number of staking addresses and smart contracts.
