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Founder and CEO of Cardano.

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Cardano Founder Charles Hoskinson: If Bitcoin Goes Down, Crypto Market Will Suffer

In the world of cryptocurrency, Bitcoin is the flagship. It’s the product that everyone points to when first thinking about the industry. Every other coin is considered altcoins by the community. Charles Hoskinson, Ethereum founder and creator of Cardano, believes that if Bitcoin failed, the entire industry would go with it. This opinion was given […]
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Bitcoin Must Thrive Or The Crypto Industry Including Cardano Will Fail: Charles Hoskinson

During a recently published podcast, popular Cardano (ADA) Founder Charles Hoskinson, has said that the crypto sector is in for a very rough time and possible collapse if it so happens that Bitcoin goes down under. Hoskinson, who is also the Ethereum co-founder, started Cardano two years ago in 2017. The podcast is hosted by Morgan Creek Digital chief, Anthony “Pomp” Pompliano, and regularly interviews some of the biggest names in the crypto world. Hoskinson has also said that regardless of the fact that the fate of the entire sector is somewhat tied to Bitcoin, the world’s number one cryptocurrency is inherently flawed. He said: “One of the biggest problems with Bitcoin, is that it’s blind, deaf and dumb and that was by design.” According to him, such a design might be a good enough idea at inception but might be decisively limiting for the king coin. Hoskinson believes that deviating from the original Bitcoin blueprint is not a bad idea if the deviation is intended to increase the network’s efficiency. Stressing this, he further suggested that some of the problems Bitcoin is facing at the moment could be because it is being touted as the solution or at least an alternative to the available financial framework and expected to match. Hoskinson has stressed that Bitcoin was not created “to replicate the world financial system and also be fully compliant with that system. This was not in its scope.” He strongly believes that even though Satoshi’s plans are great and commendable enough, said provisions should not be strictly viewed as the actual fact. Hoskinson’s speech largely seems to hope for the best for Bitcoin, regardless of any limitations. To him, Proof-of-Work (PoW) systems can only grow and stand the test of time, if they are not rigid, and can evolve. Bitcoin should then be decisively worked on to evolve because if it doesn’t succeed, pretty much everyone else goes down with it. “Bitcoin frankly is the brand of cryptocurrencies. We can’t say, oh, I’m going to succeed but Bitcoin will fail. If Bitcoin fails, the whole industry’s probably in for a really bad time.” The post Bitcoin Must Thrive Or The Crypto Industry Including Cardano Will Fail: Charles Hoskinson appeared first on ZyCrypto.
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Cardano will not succeed if Bitcoin fails: IOHK’s Charles Hoskinson

IOHK’s Charles Hoskinson has been pioneering the idea of building a fully decentralized ecosystem that eliminates Bitcoin‘s scalability issues. On a recent Anthony Pompliano podcast, he said, “Bitcoin is blind, deaf and dumb. And that was by design. You don’t solve your decentralized reality and your decentralized dream by by centralizing it. I’m sorry, that’s […] The post Cardano will not succeed if Bitcoin fails: IOHK’s Charles Hoskinson appeared first on AMBCrypto.
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Cardano’s Shelley a step towards decentralizing entire network: Charles Hoskinson

Recently, Cardano transitioned into the Shelley-era with the launch of its networking testnet. CEO of IOHK, Charles Hoskinson, elaborated on the same during his latest AMA. Hoskinson informed the community that the testnet was receiving remarkable participation as the network currently runs about 100 stake pools and the stake pool channel consists of about 2,400 […] The post Cardano’s Shelley a step towards decentralizing entire network: Charles Hoskinson appeared first on AMBCrypto.
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Charles Hoskinson: Cardano (ADA) Is In Good Shape And Moving Fast

In a recent surprise AMA, Charles Hoskinson, the co-founder of Cardano and CEO of IOHK, said that Cardano (ADA) is in good shape and moving fast. He has […] The post Charles Hoskinson: Cardano (ADA) Is In Good Shape And Moving Fast appeared first on UseTheBitcoin.
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ESSENTIAL

Cardano claims to be a third-generation cryptocurrency that seeks to provide a scalable, interoperable and sustainable ecosystem with a two-layer architecture using a peer review-based approach to development

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Cardano CEO Gives Video Update

In his yesterday’s impromptu AMA, Charles Hoskinson, founder of Cardano (ADA), talks about the function of ADA tokens, the Cardano treasury, recent price drops, and a range of general topics.

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Litecoin (LTC) Celebrates Its 8th Anniversary!

Litecoin (LTC) is celebrating its 8th anniversary.  Eight years ago, the Litecoin Network was launched the day in which Steve Jobs, Apple’s founder, died at 56. The firs […] The post Litecoin (LTC) Celebrates Its 8th Anniversary! appeared first on UseTheBitcoin.
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Banks are Feeling Threatened of Bitcoin and for Good Reason, Tim Draper

A new opportunity for a new currency Governments have to adapt to not control through currency Venture capital investor and Bitcoin bull Tim Draper currently in an interview shared how currencies today are based on faith in the government. But Bitcoin is a currency that isn’t backed by the government rather frees us from that […]
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Bitfinex and Tether Lawsuit Analysis: The Severity of Roche Freedman’s Case

Stablecoin firm Tether and its associate exchange Bitfinex have received a suit filed by a New York-based legal firm Roche Freedman against Tether token (USDT, stating that it is engaged with market manipulation as the consequence of an unpublished paper. The case encloses that the above-mentioned firms were involved in a “sophisticated scheme” on account […]
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Ripple Consolidates its xRapid, xCurrent and xVia Features Under One Network; RippleNet

Ripple recently announced the consolidation of its services within RippleNet offering. The blockchain-oriented firm known for its convenient transfer features in the blockchain ecosystem made these changes to enhance service delivery to clients. The New Ripple Network Outlook A spokesman from Ripple noted that besides the change of name, the firm had sought to make […]
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