JAKARTA Chris Larsen is co-founder of Ripple with David Schwartz and Arthur Britto. XRP is a cryptocurrency issued by Ripple. Larsen recently praised Cardano founder Charles Hoskinson, despite a small dispute between the crypto community and the Cardano founder.
The founder of Ripple revealed the reason. According to Larsen, Hoskinson has played an important role in crypto climate initiatives that direct Bitcoin to become a negative carbon network. As is well known, Larsen actively supports environmentally friendly movements in the crypto industry.
Separately, some may not realize it, but Charles has played an important role in crypto climate initiatives +, particularly researching and developing a code for Proof of Useful Work (a way for Bitcoin to become a carbon-negative chain). I appreciate you getting involved in this important issue! said Chris Larsen, October 9, 2022.
On the other hand, Ripple is facing a lawsuit from the US Securities and Exchange Commission (SEC). Commenting on this fact, Cardano founders stated that a number of XRP communities believe that corruption is happening at the SEC. So regulators target Ripple. Hoskinson thinks that it's not a major problem.
Hoskinson further explained that the main reason why regulators go down on digital assets is the lack of regulatory clarity and a strict framework in which the SEC can work. This view is supported by Ripple founder Chris Larsen.
Larsen commented by stating that the SEC used regulations to bring all cryptocurrencies under their supervision. Then, Larsen added that he appreciates Hoskinson's desire to make Bitcoin a carbon-negative chain by implementing a Proof of Useful Work mechanism, and that he has made a huge contribution to the industry in making Bitcoin network "greener."
Even so, the Ripple founder's statement has not been able to calm XRP supporters who insist there is a conspiracy surrounding the Ripple vs SEC case and consider that Cardano may be a part of it. Despite all that, Hoskinson admits that he is just an opinion, nothing more than that. However, a number of accounts suddenly attacked him on Twitter social media, as reported by U.Today.
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