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HomeTechnologyCardano founder pitches Elon Musk decentralized resolution for X's woes

Cardano founder pitches Elon Musk decentralized resolution for X’s woes



Following a current hacking incident on X (previously Twitter) affecting AI developer Ben Goertzel, Cardano (ADA) creator Charles Hoskinson has advised implementing decentralized identifiers (DIDs) to boost the platform’s safety.

Hoskinson directed his proposal to X proprietor Elon Musk, providing to combine the know-how without charge. Hoskinson argues that DIDs might considerably enhance person verification and digital identification safety on X, doubtlessly mitigating dangers of unauthorized entry and hacking makes an attempt.

The suggestion sparked a debate with Timothy Ruff, a common associate at Digital Belief Ventures specializing in decentralized identification options. Ruff questioned the effectiveness of DIDs for true decentralization, advocating for a extra complete method to identification administration on social platforms.

Blockchain agnostic

In response, Hoskinson clarified that his proposed DID implementation would align with W3C requirements and make the most of a blockchain-agnostic framework for managing varied points of digital identification. He emphasised the potential advantages for X by way of safety, entry management, and regulatory compliance.

Hoskinson additionally highlighted that the system might work with no blockchain in any respect.

Regardless of differing opinions on the most effective method, Hoskinson stays dedicated to advancing X’s capabilities. He has proposed forming an industry-wide working group to deal with identification challenges and place X as a essential public infrastructure.

Who’s Charles Hoskinson?

Cardano is a blockchain platform that goals to supply a extra sustainable, scalable, and environment friendly various to different cryptocurrencies. It makes use of a proof-of-stake consensus mechanism referred to as Ouroboros, which is designed to be extra energy-efficient than proof-of-work methods utilized by cryptocurrencies like Bitcoin.

Charles Hoskinson is without doubt one of the co-founders of Cardano and the CEO of IOHK (Enter Output Hong Kong), the corporate primarily accountable for Cardano’s growth.

Hoskinson’s a distinguished determine within the cryptocurrency world, identified for his involvement within the early days of Ethereum (ETH) as certainly one of its co-founders. Hoskinson left the Ethereum mission in 2014 resulting from disagreements over the mission’s path and later initiated the event of Cardano in 2015.



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