Cardano founder Charles Hoskinson has dismissed recent criticisms from Flare CEO Hugo Philion as outdated marketing tactics. Philion had argued that Cardano has lagged behind Flare in the DeFi space, citing Flare's total value locked (TVL) of $159 million compared to Cardano's $131 million. Hoskinson responded by mocking the approach, suggesting Philion adopt newer promotional strategies like TikTok videos. Philion clarified that his comments were based on public DeFi metrics, not hostility towards Cardano, but maintained that Cardano's lack of progress since 2022 remains a concern. The exchange underscores the intensifying competition in the Bitcoin-based DeFi space, with both Cardano and Flare striving to establish dominance through innovative interoperability solutions.
Cardano Founder Dismisses Flare CEO's Criticism as Outdated Tactic
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