Krutika Adani
Speaking at Token 2049 Cardano founder Charles Hoskinson said that Ethereum relies heavily on Vitalik Buterin for directions, making it a dictatorship.
Though strategic directions are taken from Vitalki, Ethereum only adopts proposals and executes operations based on voting. This is why, Soulbound tokens, despite being a favorite project of VItalik, haven’t seen the light of the day yet.
The comment on Ethereum comes days after Cardano launched on-chain governance as a part of its new Chang Hardfork.
Despite all its shortcomings, the concept of on-chain governance has always prevented projects from making rushed decisions and helps in testing of features thoroughly before launch.
Cardano is a much more efficient version of Ethereum. However, it has been falling out of the user’s favor due to the lack of new features that other blockchains offer.