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Cardano founder quashes rumors, denies collaborating with Ripple

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Charles Hoskinson, the founder of Cardano, has clarified misconceptions and denied promises of collaboration with Ripple. He emphasised that he is commonly mistaken for Vitalik Buterin, the co-founder of Ethereum. Hoskinson used Twitter to address and rectify the ongoing misunderstandings within the cryptocurrency business.

Why do I preserve looking at folks claim I worked at Ripple as an intern? I by no means worked for them in any capability. You happen to be baffling me for Vitalik who I think was an intern

— Charles Hoskinson (@IOHK_Charles) June 23, 2023

The Rumor

There has been a persistent rumor among the crypto fans that Hoskinson was at the time an intern for Ripple. Nevertheless, Hoskinson himself has denied this claim in a new tweet. He expressed confusion about why these kinds of rumors persist and firmly mentioned that he has hardly ever worked for Ripple in any potential.

In its place, he clarified that people today may possibly confuse him with Vitalik Buterin, who interned at a California-based technology startup. Hoskinson emphasised that he has no relationship with Ripple, whilst Buterin pursued an internship opportunity there.

Vitalik had in its place utilized for a placement at Ripple

Interestingly, in 2019, Buterin disclosed that he had applied for an internship placement at Ripple in mid-2013. At that time, Buterin observed Ripple as an chance to attain expertise in the cryptocurrency field. However, he could not participate in the internship system due to visa issues. Buterin then collaborated with other fans, at some point co-founding Ethereum, which has now become the next-largest cryptocurrency by industry capitalization.

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All through a discussion about the initially blockchain to enable tokenized property, decentralized exchanges, wise contracts, and stablecoins, it was disclosed by former Ripple govt Matt Hamilton that Ethereum founder Vitalik Buterin experienced applied for an internship at Ripple.

Hamilton shared this information to counter promises that Ripple was the pioneer in supplying these functionalities. Nevertheless, cryptocurrency analytics organization Token Paddock refuted this claim and asserted that Ethereum was the initially blockchain to offer decentralized functionalities.

This disagreement led Hamilton to defend Ripple further more, mentioning that the XRP Ledger (XRPL) was established years ahead of Ethereum. He even shared an anecdote about Buterin sleeping on the couch of Ripple CTO David Schwartz throughout his internship software period of time.

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While quashing a rape case, the Supreme Court observed that there is a distinction between a false promise to marriage and a breach of promise which is made in good faith but subsequently not fulfilled.