Inventor Of Cardano Replies To Rumors: “Yes, I’m A Dropout”
The inventor of Cardano Charles Hoskinson has been the source of controversy in the crypto space. Journalist Laura Shin reported that Hoskinson was allegedly unable to complete a Ph.D. in Mathematics, and get degrees in the same field, as an undergrad, from the University of Colorado and the University of Boulder. Related Reading | Why […]
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In the last 7 days, Cardano is one of the best performers on the crypto top 10 by market cap. Proof-of-Stake networks lead the market, as Bitcoin and others stand in the back. Related Reading | Cardano (ADA) Takes A Tumble After Hoskinson Is Accused Of Falsifying Credentials Avalanche (AVAX) records almost 30% in profits, as Ethereum (ETH) records 16% and Cardano (ADA) 13% profits over the past week. ADA’s price trades at $0.89, as of press time, and could see further gains in the short term as the market experiences further gains. ADA’s price appreciation could be fueled by rumors....
There has been a lot of controversy in the Cardano community as the network approaches a major milestone. This blockchain has been preparing to deploy an update via a Hard Fork Combinator (HFC) event called “Vasil”, but there has been some disagreement between the community and the lead developer, Input Output Global (IOG). Related Reading: […]
Over the weekend, a Reddit post accusing Charles Hoskinson, inventor of Cardano of front-running SundaeSwap users went viral. A pseudonym user said Hoskinson used a large amount of ADA to benefit from a price hike on the decentralized exchange native token, SUNDAE. Related Reading | Cardano Price Up And Down Amidst SundaeSwap Launch As one of the first DEX running on Cardano, there is a lot of hype around SundaeSwap. The ADA whale, according to the user, used his funds to queue jump other users and be one of the first to benefit from SUNDAE’s launch. The pseudonym user based the....
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 […]
Cardano founder Charles Hoskinson recently tackled rumors concerning Hydra’s scaling issues in a detailed video update. Hydra, an integral layer-2 scaling solution for the Cardano blockchain, seeks to ramp up the transaction processing ability of the network. It accomplishes this by permitting the opening of multiple heads or channels, facilitating off-chain transactions between participants. Cardano […]