• Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
  • Disclaimer
Sunday, December 21, 2025
CryptoBangs.com
Advertisement
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
    • Altcoin
    • NFT News
  • DeFi
  • Blockchain
  • Regulation
  • Shop
  • Blog
  • Calculator
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
    • Altcoin
    • NFT News
  • DeFi
  • Blockchain
  • Regulation
  • Shop
  • Blog
  • Calculator
No Result
View All Result
CryptoBangs.com
No Result
View All Result

Cardano’s Hoskinson calls Ethereum Classic ‘scam’ after Ergo’s exclusion from Proof-of-Work Summit

May 19, 2023
in Altcoin1
Reading Time: 2 mins read
A A
Cardano’s Hoskinson calls Ethereum Classic ‘scam’ after Ergo’s exclusion from Proof-of-Work Summit
ShareShareShareShareShare

Cardano (ADA) founder Charles Hoskinson described Ethereum Classic (ETC) as a scam project whose only purpose is for insiders to dump on recruits with false hopes.

Ergo not invited to proof-of-work summit

The statement was made in reaction to ETC Cooperative’s refusal to invite Ergo (ERG) to a Proof of Work summit organized by it and the Litecoin (LTC) Foundation.

Related articles

Bloomberg analysts point to 8-day window beginning Nov. 9 in which several spot Bitcoin ETFs could see approval

Bloomberg analysts point to 8-day window beginning Nov. 9 in which several spot Bitcoin ETFs could see approval

November 8, 2023
Binance unveils self-custody web3 wallet

Binance unveils self-custody web3 wallet

November 8, 2023

ETC Cooperative Director Bob Summerville defended his network’s decision by citing the previous history between both blockchains.

The ETC community has maintained deep animosity for Ergo after Hoskinson repurposed its previous Twitter account — with more than 600,000 followers — for the rival proof-of-work network last year.

At the time, the Cardano founder described ETC as a dead project with no purpose and no other reason for existing except out of spite.

Hoskinson criticizes ETC

In a May 19 tweet, Hoskinson reacted to the news of the Ergo ban by describing ETC as a project with no “roadmap, innovation, team, or vision,” adding that its community operates with “just anger and toxicity.”

Hoskinson explained that his company — Input Output Global — was responsible for building ETC’s previous Twitter community and considered it unethical to leave the account with followers,  a project that has now become a scam.

According to Hoskinson, Ergo is what ETC should have been because it “continues to innovate, has a purpose, good ethical leadership, and funding for the future.”

Meanwhile, this is not the first time Hoskinson has heavily criticized a rival crypto project. The Cardano founder previously described the XRP community as toxic and petty and called Ethereum the “Hotel California of crypto.”

The post Cardano’s Hoskinson calls Ethereum Classic ‘scam’ after Ergo’s exclusion from Proof-of-Work Summit appeared first on CryptoSlate.


Credit: Source link

ShareTweetSendPinShare
Previous Post

BitDAO-Mantle merger creates $2.5B DAO-led web3 ecosystem

Next Post

Sharp Decline In Miner Balances Suggests Incoming Selling Pressure For Bitcoin

Related Posts

Bloomberg analysts point to 8-day window beginning Nov. 9 in which several spot Bitcoin ETFs could see approval

Bloomberg analysts point to 8-day window beginning Nov. 9 in which several spot Bitcoin ETFs could see approval

November 8, 2023

Bloomberg ETF analysts James Seyffart and Eric Balchunas posted a research note on Nov. 8 suggesting that an upcoming 8-day...

Binance unveils self-custody web3 wallet

Binance unveils self-custody web3 wallet

November 8, 2023

What is CryptoSlate Alpha?A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more ›Connected to AlphaWelcome!...

Bitcoin defies market trends with 27% rise during geopolitical tensions

Bitcoin defies market trends with 27% rise during geopolitical tensions

November 8, 2023

What is CryptoSlate Alpha?A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more ›Connected to AlphaWelcome!...

Founder who suffered eye damage at Bored Ape Yacht Club event sends ‘formal legal notice’ to Yuga Labs

Founder who suffered eye damage at Bored Ape Yacht Club event sends ‘formal legal notice’ to Yuga Labs

November 7, 2023

A founder who attended Yuga Labs’ recent Ape Fest in Hong Kong has sent legal notice to the company after...

IBM invests $500M into AI venture fund

IBM invests $500M into AI venture fund

November 7, 2023

IBM has recently launched a $500 million venture fund dedicated to enterprise AI. The fund, according to a press release,...

Load More
Next Post
Sharp Decline In Miner Balances Suggests Incoming Selling Pressure For Bitcoin

Sharp Decline In Miner Balances Suggests Incoming Selling Pressure For Bitcoin

No Content Available
CryptoBangs.com

CryptoBangs.com is an online news portal that aims to share the latest crypto news, bitcoin, altcoin, blockchain, nft news and much more stuff like that.

What’s New Here!

  • Tucker Carlson and Roger Ver Reveal Shocking Details About US Extradition Battle and Bitcoin in Exclusive TCN Interview
  • Goldman Sachs eyeing crypto market-making for Bitcoin, Ethereum if US regulations shift
  • BC.GAME Announces UFC Welterweight Champion Colby Covington as New Brand Ambassador
  • How High Will Dogecoin Rise If the Markets ‘Go Wild’?

Newsletter

Don't miss a beat and stay up to date with our Newsletter!
Loading

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
  • Disclaimer

© 2023 - CryptoBangs.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
    • Altcoin
    • NFT News
  • DeFi
  • Blockchain
  • Regulation
  • Shop
  • Blog
  • Calculator

© 2018 JNews by Jegtheme.

Please enter CoinGecko Free Api Key to get this plugin works.
WP Twitter Auto Publish Powered By : XYZScripts.com