Cardano (ADA) co-creator Charles Hoskinson hails one of Solana (SOL)’s biggest competitors.
Speaking to his 979,000 followers on social media platform
“I read about Sui. It’s good to see George’s work come to life. They deserve great success in space.
Hoskinson is referring to George Danezis, one of the main designers of the Sui blockchain and co-founder of Mysten Labs, the development company that supports and supports Sui.
Hoskinson says Sui is “what Solana should have been” and while he still thinks Cardano is superior, he believes Sui has “real innovations.”
Said Hoskinson,
“If you look at Sui’s design, there’s real research and a real team behind it. I don’t comment on distribution, tokenomics, how they were launched, all those things. I haven’t watched these things and I don’t care about them either. I do not own any Sui and am not involved in the project in any way. So I look at these things dispassionately to ask myself, “Is there an interesting innovation that happened?”
Because it’s important for us as an ecosystem to see what we can collaborate on.
Although Hoskinson commends Sui for the project’s strong fundamentals, he says no layer 1 protocol has surpassed Cardano.
“For those wondering, Cardano is still number one. It’s not even close with decentralized governance and all the amazing elements of the upcoming roadmap.
At the time of writing, Sui is trading at $1.92, up more than 10% on the day.
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