Cardano (ADA) Founder Charles Hoskinson Takes Another Jab at Ethereum

The Ethereum Foundation's latest privacy-focused update has sparked considerable debate within the Cardano (ADA) ￰0￱ Cardano community has likened the Ethereum Foundation’s new privacy-focused initiatives to the Midnight network associated with the Cardano ￰1￱ Ethereum Foundation previously announced the expansion of its privacy ￰2￱ statement announced the creation of a new “privacy cluster,” comprised of 47 researchers engineers and cryptography ￰3￱ cluster encompasses various subprojects including Secret Read and Write

Secret Proof Hidden Identities Privacy Experience the Enterprise Privacy Task Force (IPTF)

and ￰4￱ foundation's statement aims to enable users to conduct private payments voting and transactions without the risk of surveillance or data ￰5￱ also includes projects like zkID (zero-knowledge identity) which will prevent unnecessary information sharing during identity verification ￰6￱ News: Binance Founder CZ Speaks Live: This Altcoin's Price Skyrocketed The Ethereum Foundation made the following statement regarding these studies: “Privacy deserves to be a top-notch feature of the Ethereum ￰7￱ are committed to making this vision a reality for both individuals and institutions.” However

the Cardano community likened the announcement to the Midnight Network which Cardano has been developing for a long ￰8￱ founder Charles Hoskinson also joined the discussion making a direct reference to Ethereum founder Vitalik Buterin: “Sorry Vitalik Buterin some things you can't ￰9￱ was built for the fourth generation

and adapting Ethereum's first layer (L1) to it is not possible without fundamentally changing its tokenomics.” Midnight in the Cardano ecosystem is described as a network that stands out with its “secret smart contract” architecture aiming for a structure that is compliant with regulations while protecting data privacy. *This is not investment ￰10￱ Reading: Cardano (ADA) Founder Charles Hoskinson Takes Another Jab at Ethereum