Ethereum developers, Cardano founder Charles Hoskinson get into a Twitter feud

Cardano (ADA) founder Charles Hoskinson got into a war of words with Ethereum (ETH) developers as he criticized them for ignoring Ouroboros. The post Ethereum developers, Cardano founder Charles Hoskinson get into a Twitter feud appeared first on CryptoSlate.

Timeline of Cardano, Ethereum

According to Stanford researchers, Kaili Wang, Dan Boneh, and Quinchen Wang reversing Ethereum transactions may be a beneficial tool for blockchain technology. The reversibility of transactions allows theft within blockchain networks to be easily tacked and reversed.

Cardano price analysis reveals that after a brief bullish surge, ADA has fallen back below the $0.4600 level against the US dollar. The price is now trading close to the key support at $0.4466 and is down by 1.19% on the day.

The successful Ethereum upgrade to proof-of-stake consensus is receiving more backlashes from the market. Therefore, the Ethereum upgrade should produce only positive feedback, but where there are merits, demerits must exist.

Ethereum, the largest altcoin underwent the much-anticipated Merge that saw it transition into a Proof-of-Stake (PoS) consensus. Well, the mechanism has changed, but ETH continues to give mixed signals to traders.

Ethereum price analysis is bullish today as we have seen consolidation below $1,300 overnight and a quick return higher over the last hours. Therefore, ETH/USD should continue higher as another higher low is set and look to break above the $1,350 resistance.

The Vasil Hard Fork seems to bring no change in the price action for Cardano (ADA) as Cardano is continuously facing rejection at $0.5. The price of Cardano has been trading below its resistance level throughout this month. However, some analysts mark this as a good entry point for a tremendous return on your investment.

Shiba Inu, the world's second largest meme cryptocurrency prices dropped by around 12% over the past 30 days. However, this price move has encouraged the Ethereum (ETH) whales to add more SHIB tokens.

Researchers from Stanford University have created a prototype for “reversible transactions” on Ethereum, claiming it may solve or lessen the damage of cryptocurrency theft. Stanford blockchain researcher Kaili Wang unveiled a rundown of the reversible token idea on Sunday in a tweet, admitting it is not yet a finalised concept, but more of a “proposal to provoke discussion and even better solutions from the blockchain community.

The current market conditions continue to remain shaky as the BTC price failed to sustain above $19,000 during the early trading hours. Despite extreme bearish pressure, the price continues to trade close to the crucial resistance, signifying the coiling strength within the rally.

Charles Hoskinson, the co-founder of IOHK and Cardano, has criticized Ethereum for ‘hurting' the crypto industry and the Ethereum Foundation's attitude towards him and the Cardano project.