Charles Hoskinson: Sui Is Great, but 'Cardano Is Still Number One'
By Anthony Burr | TH3FUS3 Managing Editor
October 7, 2024 12:22 PM
Reading time: 1 minute, 49 seconds
TL;DR Charles Hoskinson, Cardano's founder, recently shared his thoughts on the Sui blockchain. He applauded the project's innovative approach while maintaining Cardano's superiority. Sui's design led by George Danezis, showcases advancements that caught Hoskinson's attention.
Charles Hoskinson's Endorsement
Charles Hoskinson, the Cardano founder and CEO, recently praised the emerging layer-1 platform Sui (SUI) ** on the social media platform X.
His comments sparked conversations across the crypto space because he acknowledged Sui's potential and innovation, saying it's what Solana wanted to be and emphasizing Cardano is still number one.
Hoskinson highlighted the work of George Danezis, one of Sui's key designers and a co-founder of Mysten Labs.
He remarked on the significance of Danezis's efforts, noting:
"It's good to see George's work come to life. They deserve great success in the space."
This acknowledgment from a prominent figure like Hoskinson underscores the growing reputation of Sui within the blockchain community.
Sui vs. Solana and Cardano
In a striking comparison, Hoskinson mentioned that Sui represents what Solana should have aspired to be. He praised Sui for its genuine innovations while maintaining that Cardano still holds the top spot regarding decentralized governance and its ambitious roadmap.
Hoskinson's words emphasized the importance of innovation in the blockchain space and the role of collaboration among different ecosystems.
"If you look at the design of Sui, there is real research and a real team behind it."
The Core of Sui's Appeal
Hoskinson elaborated on Sui's robust fundamentals. He highlighted the project's research-driven approach and the strength of its development team.
However, he refrained from commenting on Sui's distribution, tokenomics, or launch strategy, stating that he has yet to delve into those aspects. His focus was on identifying any unique innovations the Sui platform might bring to the blockchain ecosystem.
Cardano's Continued Dominance
Despite his praise for Sui, Hoskinson made it clear that, in his view, no layer-1 protocol has surpassed Cardano.
He confidently stated:
"For those wondering, Cardano is still number one. It's not even close with decentralized governance and all the amazing roadmap items coming."
This statement reaffirms Hoskinson's commitment to Cardano's future and continued leadership in blockchain.
At the time of writing, Sui is experiencing a surge in its market performance. It is trading at $1.92, marking an increase of over 10% on the day. This positive trend highlights the growing interest and confidence in Sui's potential among investors and enthusiasts.