taxpayers $300 million is a case study in Pentagon waste. The Henry Eckford (US Navy) In the era of massive belt-tightening budget cuts, the story of two never-completed, unused Navy ships now being sent to the scrap heap after costing U.S. “To do the things this nation requires of its Marine Corps, we need this airplane.” He said the aircraft’s ability to operate aboard amphibious carriers and unimproved airstrips - or even small stretches of highway - would give the Marines a crucial air attack capability they don’t have now. “The V-22 right now has an enormously successful safety record,” Amos said.Īmos - a former F-18 pilot and the first Marine aviator to lead the Corps - said he’s optimistic the F-35B will also prove itself. The aircraft’s technology was so new that 30 people died during more than 20 years of development before the Marines were able to decipher its aerodynamic idiosyncrasies and fix technical and maintenance issues.įixing those problems has given the V-22 a better safety record, and it’s now flying combat missions in Iraq, Afghanistan and Libya, where an Osprey from the USS Kearsarge rescued a downed Air Force pilot last March.
#Charles hoskinson $150 manuals#
There’s an old adage among pilots that “training manuals are written in blood,” and that’s certainly true for the V-22. The Osprey also has been a frequent target for cuts - like the F-35B, the debt commission co-chairmen recommended it be canceled. Each $66.6 million Osprey costs $10,600 per flight hour to operate - more than the helicopter it was designed to replace - but can fly twice as fast, go four times as far and carry twice as many Marines into combat.
The issues with the F-35B resemble those surrounding the V-22 Osprey, a unique tilt-rotor aircraft that was another game-changing technological leap. “We would like to demonstrate each of these successfully in flight tests” before moving forward, Venlet said. David Venlet, said current testing is focusing on improvements to the lift system’s drive shaft and clutch to reduce heating and improvements to make inlet doors stronger, eliminating a potential safety risk. And indeed, while ADA has a last 24-hour trading volume of nearly $150 million, ETC stands at $77.5 million.The Pentagon’s F-35 program manager, Vice Adm. It is worth mentioning that in terms of daily trading volume, ADA is trading for twice as much as ETC. ETC’s price, on the other hand, is $18, with a 8% drop from last month.
Ethereum Classic (ETC), on the other hand, is in the 25th position, with a market cap of above $2.5 billion.Īt the time of writing, the price of ADA is $0.37, a 6% drop from last month. Trying to compare the two crypto assets Cardano (ADA) and Ethereum Classic (ETC), here is the situation.Ĭardano (ADA) ranks 7th in market capitalization, which currently exceeds $12.7 billion. In any case, at the PoW Summit in Prague, other big crypto industry names such as Charlie Shrem, Jameson Lopp, Litecoin founder Charlie Lee, and Caitlin Long of Custodia Bank will also be present. Thus, who knows whether the present outburst was intended to make Ethereum Classic look bad, or also to highlight the Ergo crypto project. Hoskinson’s rant then also names Ergo, a next-generation PoW smart contract platform that enables new models of financial interaction.Īnd indeed, in the eyes of Cardano’s founder, Ergo is what Ethereum Classic should have been, with plenty of purpose, willingness to innovate, good ethical leadership, and with funding for the future. Moreover, Hoskinson added that what moves ETC is just “anger and toxicity.” Cardano’s Hoskinson and the rant against the Ethereum Classic project in favor of Ergo The founder of ADA thus called the ETC crypto project a scam, which allows participants to make money from those they recruit, and which now has no roadmap, innovation, or a single vision. Not only that, Hoskinson also intervenes after Ergo’s platform was mentioned in the comments, which was denied attendance by Bob Summerwill, executive director of the ETC Cooperative.Īpparently, Hoskinson’s claims referring to ETC are indirectly aimed at Summerwill.
Hoskinson’s remarks come in response to the release of a new “PoW Summit” event to be presented in September in Prague by the Litecoin Foundation and the Ethereum Classic Cooperative. The Twitter account was built up from years of effort…- Charles Hoskinson May 19, 2023
There is no roadmap, innovation, team, or vision. ETC is now a scam and it's only purpose is for insiders to dump on those they recruit with blind hope of some magical future that will never come.
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