Tuesday, August 19, 2025
Daily Crypto Post
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact
No Result
View All Result
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact
No Result
View All Result
Daily Crypto Post
No Result
View All Result

Hoskinson Supports Wood’s Vision to End Blockchain Tribalism and Foster Cross-Chain Unity

Veronicah Peninah by Veronicah Peninah
June 5, 2025
in Market, News
Reading Time: 3 mins read
Hoskinson Supports Wood’s Vision to End Blockchain Tribalism and Foster Cross-Chain Unity
Share on FacebookShare on TwitterShare on RedditShare on Telegram
  • Gavin Wood proposes separating tokens from networks to promote cross-chain interoperability.
  • Charles Hoskinson supports shifting from tribal loyalty to cooperative crypto development.
  • Current blockchain rivalries discourage collaboration, limiting industry-wide innovation.

Cardano founder Charles Hoskinson emphasized a pressing concern echoed by Polkadot founder Gavin Wood: the growing tribalism within the crypto industry. Responding to Wood’s observations about the growing competitive nature between the major blockchain networks such as Ethereum, Solana, and Polkadot, Hoskinson pointed to the collaborative economics model enabled by the Midnight protocol.

Both leaders highlighted how the industry should work together to improve its productivity, rather than compete with each other. Gavin pointed out that loyalty to an ecosystem is now more important to developers and users than being innovative or supportive of different platforms. There is a clear move to examine changes that may eliminate these echo chambers.

Related articles

Pump.fun Circulating Supply Drops to Just 21.43% of LetsBONK, Market Share Shrinks to 22.2%

Pump.fun Circulating Supply Drops to Just 21.43% of LetsBONK, Market Share Shrinks to 22.2%

August 4, 2025
XRP Price Prediction for Aug 3 — Will $2.95 Hold or Break in This Pivotal Setup

XRP Price Prediction for Aug 3 — Will $2.95 Hold or Break in This Pivotal Setup?

August 2, 2025

Fierce Rivalries Limit Technical Collaboration

According to Wood, competition across Layer-1 blockchains now resembles sports leagues, with each protocol operating like a team. People in the industry typically stick with their own ecosystem, seeing any kind of cooperation with another as a betrayal. As a result, founders reportedly feel the need to distance themselves from joint projects that could be seen as limiting the independence of their ecosystem.

He remarked that such pressure stems from protocol-focused expectations, where loyalty to one network discourages shared development. This cultural divide, he argued, is not grounded in technical limitations but in perception and narrative.  This division, he explained, has transformed technical cooperation into political maneuvering.

Proposed Solution: Decoupling Networks from Tokens

To address these issues, Wood proposed a technical model that separates blockchain networks from the tokens built on them. He suggested allowing tokens to maintain their unique identities while being interoperable across different chains. In this framework, tokens could remain functionally distinct but trade freely at market rates across compatible platforms.

He compared this vision to the way fiat currencies operate. People can exchange currencies as they move across borders, and networks could adopt a similar model. The goal would be to create a fluid, decentralized environment where developers and users engage based on utility rather than allegiance. This would require each blockchain to adopt flexible token standards that support cross-chain usage.

Vision for Frictionless Interoperability

Expanding on the analogy, Wood emphasized the importance of enabling seamless movement across blockchain ecosystems. He envisioned users holding a diverse basket of tokens, with each one automatically converted or utilized based on context. In this model, interaction with decentralized services would prioritize practical needs over protocol loyalty.

Before implementing such a solution, there is the need for a detailed plan on how multiple Layer-1 blockchains could cooperate. This would include resolving competitive tensions and ensuring base-layer currencies avoid functioning as exclusive domains. His vision advocates for a market-driven, interoperable infrastructure—one that dismantles the industry’s current team-based mentality.

Tags: Blockchain News

Related Posts

Pump.fun Circulating Supply Drops to Just 21.43% of LetsBONK, Market Share Shrinks to 22.2%

Pump.fun Circulating Supply Drops to Just 21.43% of LetsBONK, Market Share Shrinks to 22.2%

by Munene Timothy
August 4, 2025

Pump.fun's token supply lags at 21.43% of LetsBONK’s, pushing its market share down to 22.2% amid changing user preference. LetsBONK...

XRP Price Prediction for Aug 3 — Will $2.95 Hold or Break in This Pivotal Setup

XRP Price Prediction for Aug 3 — Will $2.95 Hold or Break in This Pivotal Setup?

by Munene Timothy
August 2, 2025

XRP trades above key $2.95 support with bearish MACD and neutral RSI; price action suggests short term consolidation. Price remains...

Ethereum Dips Below $3,500 as Key Support Holds — Market Eyes Discount Window Amid Wider Crypto Pullback

Ethereum Dips Below $3,500 as Key Support Holds — Market Eyes Discount Window Amid Wider Crypto Pullback

by Veronicah Peninah
August 2, 2025

ETH currently trades at $3,489.96, with recent price action forming a discount zone of 10%–30% from local highs. Ethereum’s price...

Paul Atkins Unveils Project Crypto to Reinvent U.S. Capital Markets

Paul Atkins Unveils Project Crypto to Reinvent U.S. Capital Markets

by Irene Mukiri
August 2, 2025

SEC’s Project Crypto aims to modernize outdated rules for blockchain innovation U.S. positions itself to lead global digital finance with...

XRP Market Cap Model Suggests $10B in Buy Orders Could Skyrocket Price to $90

XRP Market Cap Model Suggests $10B in Buy Orders Could Skyrocket Price to $90

by Jonathan Carls
August 2, 2025

Thin liquidity enables massive XRP price jumps with minimal capital inflows Market cap multipliers reveal how $10B could drive XRP...

Load More

Recent News

  • Pump.fun Circulating Supply Drops to Just 21.43% of LetsBONK, Market Share Shrinks to 22.2%
  • XRP Price Prediction for Aug 3 — Will $2.95 Hold or Break in This Pivotal Setup?
  • Ethereum Dips Below $3,500 as Key Support Holds — Market Eyes Discount Window Amid Wider Crypto Pullback
  • Paul Atkins Unveils Project Crypto to Reinvent U.S. Capital Markets
  • XRP Market Cap Model Suggests $10B in Buy Orders Could Skyrocket Price to $90

Popular News

  • KEKIUS Price Prediction for June 2025 Signs of Weak Momentum and Accumulation Battle

    KEKIUS Price Prediction for June 2025: Signs of Weak Momentum and Accumulation Battle

    208 shares
    Share 83 Tweet 52
  • Market Analyst say XRP Could Finally Break Out of Its Current Consolidation in 2-4 weeks If It’s Following 2017

    205 shares
    Share 82 Tweet 51
  • Bitcoin and Ethereum Face Pressure as 2,500 BTC and 80,000 ETH Hit Exchanges Amid Political Fallout

    205 shares
    Share 82 Tweet 51
  • SUI Price Breakout or Fakeout? What Chart Patterns Are Saying

    203 shares
    Share 81 Tweet 51
  • SEC Approves Nasdaq Crypto Index Update to Include SOL, ADA, XLM, and XRP

    205 shares
    Share 82 Tweet 51

Live Crypto News | Bitcoin and Altcoins News & Insights.

Recent News

Pump.fun Circulating Supply Drops to Just 21.43% of LetsBONK, Market Share Shrinks to 22.2%
Pump.fun Circulating Supply Drops to Just 21.43% of LetsBONK, Market Share Shrinks to 22.2%
August 4, 2025
XRP Price Prediction for Aug 3 — Will $2.95 Hold or Break in This Pivotal Setup
XRP Price Prediction for Aug 3 — Will $2.95 Hold or Break in This Pivotal Setup?
August 2, 2025
Ethereum Dips Below $3,500 as Key Support Holds — Market Eyes Discount Window Amid Wider Crypto Pullback
Ethereum Dips Below $3,500 as Key Support Holds — Market Eyes Discount Window Amid Wider Crypto Pullback
August 2, 2025

© Daily Crypto Post. Live Crypto News | Bitcoin and Altcoins News & Insights. All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact