Cardano (ADA) co-creator Charles Hoskinson is giving thanks to one of Solana’s (SOL) biggest competitors.
Posting to his 979,000 followers on social media platform
“I read about Sui. It’s great to see George’s work come to life. They deserve great success in this field.”
Hoskinson is referring to George Danezis, one of the main designers of the Sui blockchain and co-founder of Mysten Labs, the development company that powers and supports Sui.
Hoskinson says Sui is “what Solana should have been,” and while he still thinks Cardano is superior, he believes Sui has “some real innovation.”
Hoskinson says:
“If you look at Sui’s designs, there’s real research and there’s a real team behind it. It doesn’t talk about distribution, token economics, launch methods, anything like that. I have never seen such things and have no interest in them. I do not own Sui and am not involved in the project in any way. So, I look at these things calmly and say, ‘Has any interesting innovation occurred?’
Because it’s important for us as an ecosystem to see what we can collaborate on.”
Hoskinson praises Sui for the project’s solid fundamentals, but says no layer 1 protocol beats Cardano.
“For those wondering, Cardano is still number one. “We’re not done yet with decentralized governance and all the amazing roadmap items coming out.”
As of this writing, Sui is trading at $1.92, up more than 10% on the day.
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