"Do they think they'll get attention by touching Cardano?"...Hoskinson clashes head-on with Flare CEO

▲ Cardano (ADA)

Cardano (ADA) founder Charles Hoskinson and Flare Networks CEO Hugo Philion engaged in a public spat. When Philion criticized Cardano's DeFi performance, Hoskinson retorted that Flare was trying to gain attention by using Cardano's name.

U.Today reported on May 6 that Hoskinson and Philion exchanged strong arguments via X (formerly Twitter). Philion claimed that Flare, despite starting six years later than Cardano, had surpassed Cardano in key DeFi metrics. He criticized Cardano, launched in 2017, for attempting to imitate Flare's strategy but failing, and specifically stated that Cardano would fall behind in the trusted execution environment sector as well.

Philion said, "Cardano started much earlier than Flare and once held substantial financial assets, but its overall DeFi metrics are much lower than Flare's." He further argued that Cardano would not be able to capture Bitcoin (BTC), stating that Flare would gain an advantage by building an integrated DeFi layer for bridge assets like FXRP, FBTC, and FXLM, as well as real-world assets and stablecoins.

Hoskinson dismissed Philion's claims as an outdated marketing tactic to gain attention. Hoskinson said, "Attacking Cardano to gain attention and media exposure only worked in 2022." He then sarcastically added, "You need to update your marketing strategy. Why don't you try TikTok reaction videos instead?"

Hours later, Philion refuted that his post was an attack. He claimed he was merely citing objective on-chain data from DeFi Llama. He then continued with mocking remarks, again targeting Cardano's development speed, suggesting he could show Hoskinson Flare's future roadmap in advance.

Philion stated, "It wasn't an attack. It was just DeFi Llama's numbers." He continued, "If I read between the lines of your message, does it mean that others attacked Cardano in 2022, and yet nothing substantial has changed?" He then added, "Would you like to get an advance copy of our 2027 strategy and try to copy that too?"

This dispute focused more on the public war of nerves between the two leaders rather than a technical competition between Cardano and Flare. Philion emphasized the superiority of DeFi metrics and roadmaps, while Hoskinson characterized remarks targeting Cardano as attention-seeking attacks.

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