{"id":12069,"date":"2023-05-21T19:15:12","date_gmt":"2023-05-21T19:15:12","guid":{"rendered":"https:\/\/cryptoheretostay.com\/?p=12069"},"modified":"2023-05-21T19:15:14","modified_gmt":"2023-05-21T19:15:14","slug":"cardanos-hoskinson-calls-ethereum-classic-scam-after-ergos-exclusion-from-proof-of-work-summit","status":"publish","type":"post","link":"https:\/\/cryptoheretostay.com\/?p=12069","title":{"rendered":"Cardano\u2019s Hoskinson\u00a0calls Ethereum Classic \u2018scam\u2019 after Ergo\u2019s exclusion from Proof-of-Work Summit"},"content":{"rendered":"<p> <script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"crypto\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<\/p>\n<p>Cardano (ADA) founder Charles Hoskinson\u00a0described Ethereum Classic (ETC) as a scam project whose only purpose is for insiders to dump on recruits with false hopes.<\/p>\n<h2>Ergo not invited to proof-of-work summit<\/h2>\n<p>The statement was made in reaction to ETC Cooperative&#8217;s refusal to invite Ergo (ERG) to a Proof of Work summit organized by it and the Litecoin (LTC) Foundation.<\/p>\n<p>ETC Cooperative Director Bob Summerville defended his network&#8217;s decision by citing the previous history between both blockchains.<\/p>\n<p>The ETC community has maintained deep animosity for Ergo after Hoskinson repurposed its previous Twitter account \u2014 with more than 600,000 followers \u2014 for the rival proof-of-work network last year.<\/p>\n<p>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.<\/p>\n<h2>Hoskinson criticizes ETC<\/h2>\n<p>In a May 19 tweet, Hoskinson reacted to the news of the Ergo ban by describing ETC as a project with no &#8220;roadmap, innovation, team, or vision,&#8221; adding that its community operates with &#8220;just anger and toxicity.&#8221;<\/p>\n<p>Hoskinson explained that his company \u2014 Input Output Global \u2014 was responsible for building ETC&#8217;s previous Twitter community and considered it unethical to leave the account with followers,\u00a0 a project that has now become a scam.<\/p>\n<p>According to Hoskinson, Ergo is what ETC should have been because it &#8220;continues to innovate, has a purpose, good ethical leadership, and funding for the future.&#8221;<\/p>\n<p>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 &#8220;Hotel California of crypto.&#8221;<\/p>\n<p>The post Cardano&#8217;s Hoskinson\u00a0calls Ethereum Classic &#8216;scam&#8217; after Ergo&#8217;s exclusion from Proof-of-Work Summit appeared first on CryptoSlate.<\/p>\n<p><script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"bitcoin\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<br \/><a href=\"https:\/\/cryptoslate.com\/cardanos-hoskinson-calls-ethereum-classic-scam-after-ergos-exclusion-from-proof-of-work-summit\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cardano (ADA) founder Charles Hoskinson\u00a0described 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&#8217;s refusal to invite Ergo (ERG) to a Proof of Work summit organized by it and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12070,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[3],"tags":[],"class_list":["post-12069","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum-news"],"_links":{"self":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/12069","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12069"}],"version-history":[{"count":1,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/12069\/revisions"}],"predecessor-version":[{"id":12071,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/12069\/revisions\/12071"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/media\/12070"}],"wp:attachment":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}