Cardano Founder Charles Hoskinson and Pro-XRP Lawyer John Deaton Collaborate to End Tribalism in Crypto Industry
Hoskinson, the founder of Cardano, has been actively working to bridge the gap between different blockchain projects and foster collaboration within the crypto industry. In a recent development, Hoskinson engaged with the team behind Flare Networks, a smart contract platform compatible with the Ethereum Virtual Machine (EVM).
Hoskinson’s Discussion with Flare Network Team
During a recent call with the Flare team, Hoskinson expressed his admiration for the team’s expertise, referring to them as ‘really smart guys.’ Hugo Philion, the founder of Flare Networks, appreciated Hoskinson’s efforts in engaging with the team.
John Deaton Applauds Hoskinson’s Efforts to Combat Tribalism in Crypto
Pro-XRP lawyer John Deaton commended Hoskinson for his initiative to address the issue of tribalism within the crypto industry. Deaton highlighted Hoskinson’s leadership role in attempting to bridge the divide that has hindered industry growth.
The Impact of Crypto Tribalism
Tribalism in the crypto industry has been a significant barrier to collaboration and progress, with individuals showing unwavering support for specific blockchain projects at the expense of others. Ripple CEO Brad Garlinghouse has previously emphasized the importance of unity in the industry, stating that ‘all boats can rise’ together.
Hoskinson’s Engagement with Key Crypto Stakeholders
Hoskinson’s efforts to bridge the gap between different blockchain projects have been evident in his interactions with Ripple and Stellar executives. He has expressed interest in potential collaborations between Cardano and other ecosystems, such as XRP Ledger and Stellar.
In his latest engagement with the Flare Network, Hoskinson explored potential collaborations with the EVM-compatible Layer-1 blockchain. Flare Network’s focus on providing developers with valuable data for building decentralized applications aligns with Cardano’s mission of enabling efficient and cost-effective decentralized finance solutions.