Why Cardano’s Hoskinson Called Proof-of-Work a Road to Nowhere
Cardano’s inventor and IOG CEO Charles Hoskinson commented on Bitcoin’s hashrate dropped after a blackout struck some small counties in the province of Xinjiang. Major Bitcoin mining pools saw their hashrate crashed. As informed by Primitive Crypto founder partner Dovey Wan, F2Pool, AntPool, Poolin registered a drop of up to 33%. these are pools affected […]
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Since Ethereum moved from a proof of work (PoW) to a proof of stake (PoW) mechanism, there has been an ongoing debate on whether the digital asset is now a security or a commodity. Notable figures have shared their insight on this and how the regulatory bodies are actually classifying cryptocurrencies. The latest is Cardano […]
Charles Hoskinson, the founder of Cardano, shares his critical views on the two leading cryptocurrencies in an exclusive Cointelegraph interview. Cardano founder Charles Hoskinson has been pointing out the flaws affecting the Ethereum protocol following its latest upgrade.A major issue, according to Hoskinson, is the locking mechanism that prevents investors from withdrawing their staked Ether (ETH) from the Beacon Chain until the completion of the next upgrade. “Ethereum is the Hotel California of cryptocurrencies. You can check in but you can't check out,” said Hoskinson in a recent....
Charles Hoskinson, the founder of Cardano blockchain, is perhaps one of the most controversial individuals in the crypto ecosystem. In his own words, Hoskinson has previously said ‘I’m kind of polarizing. People either like me or they hate me. There’s not a lot of people in between.’ The 34-year old serial entrepreneur took an interest […]
In an interview for Forbes, Cardano’s inventor and the CEO of Input-Output Global (IOG), Charles Hoskinson talked about consensus mechanisms, energy consumption, and the potential future for this industry. Based on interoperability, a subject IOG has been developing, Hoskinson called out Ethereum for trying to “lock” users into its ecosystem. Over the next three to […]
Input-Output Global CEO Charles Hoskinson announced that he has prepared his segment for the highly anticipated Cardano 360 event. In the mysterious post, Hoskinson hinted at a bug that allowed a hacker to mint 184 billion Bitcoin. Just finished recording my segment for Cardano 360 tomorrow. It's going to be a fun one 🙂 See […]