Charles Hoskinson founder of Cardano accuses Ethereum of being a dictatorship

Cardano founder Charles Hoskinson has praised the platform’s governance model, claiming it prevents the project from becoming a “dictatorship” like Ethereum and avoids the “anarchy” of Bitcoin. Speaking at the Token2049 conference in Singapore, Hoskinson criticized Ethereum’s reliance on co-founder Vitalik Buterin for direction. He stated that Cardano’s governance model, which involves delegated representatives and a members-based organization called Intersect, addresses the “governance trilemma” of efficiency, effectiveness, and integrity. Hoskinson argued that Ethereum’s vision revolves around Buterin, and without him, the project’s future is uncertain. He also criticized the recent changes to Ethereum’s roadmap, which focused on rollups and layer-2 networks for scalability rather than sharding-based optimization. While acknowledging that he played a similar role in shaping Cardano, Hoskinson emphasized that the new governance model ensures innovation continues regardless of his involvement. The recent Cardano Chang hard fork transformed the ADA token into a governance token, allowing holders to elect representatives and vote on development proposals and community funding. The Cardano Foundation, Input Output Global, and Emurgo are no longer able to trigger forks and upgrades. Hoskinson described the collaboration between Intersect and the delegate representatives as a “collaborative model” that can function with or without an active founder. Cardano is currently finalizing a constitution that will establish limits on core issues and govern its operations.