Cardano founder Charles Hoskinson has heavily criticized the actions of the Wyoming Token Commission. In a recent post on microblogging platform X, Hoskinson did not hold back, ripping into Wyoming Token Commission executive director Anthony Apollo over snubbing Cardano and Ripple in an upcoming stablecoin project. Hoskinson has been vocal about the Wyoming stablecoin project, showing interest in the project. This is entirely down to the fact that out of all the likely blockchains selected for the program, the Commission snubbed Cardano and Ripple. The Commission has initially announced nine blockchains where it will likely launch the stablecoin, including Ethereum, Sui, and Stellar. However, there was a major shock as the project snubbed Bitcoin, Cardano, and Ripple. Cardano founder rips into Wyoming Token Commission boss Although the decision to exclude Ripple, Bitcoin, and Cardano from the project sent shockwaves through the market, Hoskinson is not prepared to let it slide. Over the last few months since the first announcement, he has repeatedly cited bias on the Commission’s part. In a recent podcast, Hoskinson alleged that there was a glaring disdain toward Ripple and Cardano during the selection process. He mentioned that aside from Cardano, other high-utility chains like Bitcoin did not make the list. This is the guy who made the decision to exclude Cardano, XRP, ICP, Bitcoin, Hashgraph, etc But he did include Ethereum. He knows a lot about it, given his former employer was Consensys… https://t.co/wfC2thhTB6 — Charles Hoskinson (@IOHK_Charles) December 14, 2024 In his recent tweet , he criticized the Commission’s head, Anthony Apollo, for snubbing the projects. He also reposted a post that said that Apollo only picked Ethereum because he had a lot of knowledge about the network. Hoskinson mentioned that Apollo had worked for Consensys, one of the core developers of Ethereum when he was still at the company. He clarified that the bias to remove Cardano and include Ethereum was evident. Hoskinson’s post was a reply to an earlier tweet where Apollo told the Wyoming Joint Appropriation Committee that Cardano is centralized. Apollo defends selection amid Hoskinson’s promise Anthony Apollo appeared before the Wyoming Legislative Committee on Friday, where he gave a detailed explanation of the progress of the project. During the meeting, Apollo was asked if he was unfair in his blockchain selection for the project. He mentioned that he held several meetings with representatives from Cardano and treated the network the same way as others. He mentioned that Cardano did not scale through the last screening, passing only four of the five required tests. However, he noted that the network’s project Midnight could have helped it scale through, but it was still being tested when the screening happened. Apollo highlighted that the reason Cardano was not selected was majorly down to the agency’s choice to ensure all selected projects passed the five test stages. Despite this, Hoskinson has urged other unselected networks to file lawsuits against the Wyoming Token Commission. He argued that the unfair selection process could create uneven competition among firms in the United States crypto industry. Meanwhile, this latest outburst goes against an earlier promise made by Cardano founder Charles Hoskinson. In a previous post on X, he apologized to everybody including Ethereum, asking them to let peace reign in 2025. Despite his controversial nature, Hoskinson noted that it was time to grow the crypto landscape in America, saying rivalry would not help them. He called on blockchains like Ethereum, Ripple, Bitcoin, and others who he had criticized in the past to work together in the new year to achieve greater things. However, not long after his promises, he is back to accusing a former Ethereum-affiliated employee of bias. A Step-By-Step System To Launching Your Web3 Career and Landing High-Paying Crypto Jobs in 90 Days.
