Tag Archives: Charles Hoskinson

Cardano Co-Founder Questions Bitcoin’s Governance

In an interview yesterday, Cardano and Ethereum co-founder Charles Hoskinson expressed concerns about Bitcoin’s governance model and limitations in development.

The discussion, organized by crypto YouTuber Coin Bureau, offered insights into the contrasting governance models between Cardano and Bitcoin.

The concept of governance on blockchain platforms is gaining more and more attention as the industry matures. Governance mechanisms dictate how decisions are made and implemented in a blockchain ecosystem and directly impact the adaptability and long-term viability of that ecosystem.

During the interview, Hoskinson pointed out that the governance approach is one of the key differences between Cardano and Bitcoin. Noting Bitcoin’s “inability to upgrade”, he stated: “Bitcoin’s lack of governance has held it back in many ways. update.”

Hoskinson cited specific examples where Bitcoin governance led to missed developmental milestones. For example, he mentioned Bitcoin’s failure to implement colored coins and sidechains.

Colored coins are a concept that involves tagging certain Bitcoin transactions to represent ownership of external assets and are often referred to as the early precursor to modern Non-Fungible Tokens (NFTs), while sidechains are separate blockchain ledgers that run in parallel to a primary blockchain, allowing asset transfer and different rule sets without affecting the main network.

According to him, these are examples of missed opportunities resulting from the current developer structure of cryptocurrency.

Source: https://cryptonews.com/


Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

Cardano Co-Founder Charles Hoskinson: “Crypto Never Goes To Zero”

“Crypto never goes to zero, at this point we are a religion,” said Cardano co-founder Charles Hoskinson. Hoskinson made these remarks at the Financial Times Crypto and Digital Assets Summit: Winter Edition on Monday, November 28.

“Crypto is the only solution where everyone is truly, truly equal,” Hoskinson added. Regarding the financial system, he said, “it hasn’t changed at all in the last 100 years.”

As of November 30 at 13:18 GMT, ADA is trading at $0.314, up 1.19% from the previous day, according to CoinMarketCap. Hoskinson also said that despite being a co-founder of ADA, he is “confident that Cardano will come after me.”

Citing examples like Walt Disney and Steve Jobs, he asked whether the company they represented ceased to exist when both men died. With the answer being “no”, both Disney and Apple are still active.

“We’re still talking about that,” Hoskinson replied when asked if ADA had dropped by 90% compared to September 2021. He added that it has gone through six crypto bear markets.


Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

Supports Elon Musk from Charles Hoskinson

Cardano co-founder Charles Hoskinson supported Elon Musk in the discussion for the Twitter app. Discussions about Elon Musk’s takeover of Twitter are not over yet. The new owner of one of the world’s largest social media platforms recently said that Twitter’s mobile app may disappear from various stores. As a countermeasure, Musk is ready to develop his own phone, and the creator of Cardano also supported it.

After the takeover, talk arose that Twitter would be removed from mobile app listings, mostly due to the rapidly changing rules and policies of the platform. Despite the rapid changes, the app’s most important metrics remain intact, as Twitter reports record-breaking daily active users on its website.

The creator of Cardano was actively advocating the creation of a decentralized version of Twitter. However, since the takeover, Elon Musk does not want to apply any decentralized technology to Twitter. In a personal chat with the former CEO of FTX, he stated that it would not be right to run the platform on the blockchain and that crypto implementation makes no sense.

While Musk has made it clear that Twitter will not be blockchain-based, he did state that the entrepreneur can accept certain cryptocurrencies as payment for services on the network, such as the blue checkmark.

The creator of Cardano offered Musk help to make Twitter more blockchain-friendly. However, Musk did not respond warmly to this offer. At the same time, Musk is ready to make his own “Tesla Phone” to avoid the extreme limitations of big tech companies and government regulators.

Source: u.today


Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

Charles Hoskinson, Blockchain projects she is working on will use billions of people in the future

Cardano founder Charles Hoskinson wrote in his blog post that the Blockchain projects he is working on will be “as common as the internet and used by billions of people” in the future.

Charles Hoskinson wrote in his blog, “Our view is that these protocols will be as common as the internet and used by billions of people. This scale of adoption will take years to decades, not weeks to months, and it won’t be a meme project. It’s the long game that counts, after all. “

The number of addresses on the Cardano network staking ADA has grown to exceed one million even during the downturn in the cryptocurrency market that saw the domain lose over $400 billion in market cap.

Earlier this month, the network hit a milestone after processing 20 million transactions. Meanwhile, Hoskinson’s company Input Output Hong Kong (IOHK) is already preparing for future attacks on the Cardano network by quantum-powered opponents.


Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

Charles Hoskinson Cardano Founder Yotube AMA live stream Video

Cardano founder Charles Hoskinson went live on YouTube on Monday to do the AMA. He answered the questions and shared his thoughts. During the AMA he also shared his thoughts on crypto and for Christmas.

When Charles Hoskinson is faced with hateful comments due to the ADA’s declines in recent months, he shared his thoughts on how everyone should get along and be more understanding. “All I want for Christmas is for everyone to start getting along in our industry. It’s extraordinary to me that when people are so close in philosophy and perspective, and in some cases in technology, they can be as far apart as humans. This is extraordinary,” he said.

Charles Hoskinson, in his statements, said that investors in the other financial space have not seen as much hate as the crypto industry. “You don’t see that in other industries,” he said. “You don’t see the amount of tribalism, hatred, and vitriol our industry has for each other, whether it’s in physics, biology, cell phone manufacturing, or whatever.”

You can watch the entire video, which lasts for 2 hours and 49 minutes, here.


Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

They stole thousands of dollars worth of Bitcoin by impersonating Elon Musk

Fraudsters impersonating Tesla CEO Elon Musk were found to have stolen $62,654 worth of Bitcoin from a victim. Cryptocurrency monitoring service Whale Alert reported the theft.

Users who impersonate a famous name often ask users to send cryptocurrencies with YouTube ads, promising to get double the refund in return.

Among the people these scammers love to impersonate the most are Elon Musk, who is very popular in the cryptocurrency market, Vitalik Buterin, the founder of Ethereum, and Charles Hoskinson, the founder of Cardano.

source: investing.com

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

Paul Oakenfold and Charles Hoskinson explore the intersection of dance music and Cardano

Cardano and electronic music come together with a conversation between Charles Hoskinson and dance music pioneer Paul Oakenfold. Both movements arose through a combination of technology, creativity, and community. Now two industry leaders explore the opportunities for collaboration which find new ways of supporting artists while bringing audiences together around the world.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.