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The co-founder of Cardano, Charles Hoskinson, who is also the CEO of IOHK, the organization behind Cardano (ADA) has just announced that he and his development team has crossed a milestone in providing a solution for blockchain interoperability. The paper, which was released by IOHK, shows a significant step forward in interoperability with blockchains that still run on the proof of work algorithm. The paper gives vivid explanations on how it has contributed to blockchain development. Hoskinson said: “In this research paper, we introduced the first ever trustless construction that can be applied to proof of work sidechains. We also talk about how to build generic communications between different blockchains”. SEE ALSO: Decentraland And Ripio Come Together For Crypto Mortgage Service That Will Users Take Out LAND Mortgages Cardano (ADA) Price Today – ADA / USD Name Price24H (%)$0.073924 -0.86% One of the applications listed on the paper is about creating a two-way pegged asset that c..
The blockchain space is one of the most competitive industries in the world, and only blockchain projects with much developments and partnerships around them tend to trend in the blockchain space. As a result, a lot of blockchain projects in the crypto space have been working hard to make sure their blockchain projects and digital currencies remain relevant in the crypto space. $75M raised already. Hurry up! Neluns ICO Ends in just 1 day! Up to 35% extra-bonus. Don't Miss Out! One of the most competitive digital currency in the crypto space is Cardano (ADA), and the founder, as well as the Foundation of the digital currency, have been thriving to promote the digital currency. SEE ALSO: Cryptocurrency Prices List Live Chart: Ethereum (ETH), Bitcoin (BTC), Ripple (XRP), Bitcoin Cash (BCH), Cardano (ADA), Litecoin (LTC), NEM (XEM) - Thu Oct 4 Cardano’s First Open Source Project – Rust Recently, Charles Hoskinson – the founder of Cardano (ADA) – talked about the anniversary of the..
The creator of Cardano (ADA) and co-founder of Ethereum (ETH) – Charles Hoskinson recently talked about Ethereum Classic (ETC) at the Ethereum Classic summit that took place in South Korea. The creator of Cardano (ADA) is very bullish on Ethereum Classic (ETC), not just as a digital currency but as a blockchain project. Hoskinson stated that since Ethereum Classic (ETC) was launched, it has taken after the original culture of Bitcoin (BTC), adding that ETC could end up following Bitcoin (BTC)’s path in the future. Why Charles Hoskinson Believes Ethereum Classic Is Following the Path of Bitcoin (BTC) Hoskinson believes that ETC is similar to BTC simply because it’s a project that is maintained by a few numbers of people. Unlike other blockchain projects that depend on an entire community of engineers and developers, Ethereum Classic (ETC) is maintained by a close-knit team, in the way Bitcoin (BTC) was from inception. This, in return, allows for nimble growth and more efficient governa..
The blockchain technology is the future and different new generation blockchains are trying to stay at the vanguard of this future. One of the projects that is doing remarkably well is Cardano. The 10th largest cryptocurrency per market capitalization has a market capitalization that is over a billion dollars. Since its inception in 2015, Cardano (ADA) has made a lot of progress and Charles Hoskinson is taking the lead in the development and promotion of the blockchain platform. Cardano has surpassed other similar projects such as IOTA and TRON but Charles Hoskinson doesn’t intend to stop there. SEE ALSO: Bitcoin Cash (BCH) Trades Below A Significant Moving Average In Today's Price Analysis Charles Hoskinson To Change The Industry With Cardano From one project to the other, Charles Hoskinson has made his intention towards revolutionizing the blockchain industry through Cardano clear. By manipulating the Proof of Stake consensus with the Ouroboros protocol, Charles Hoskinson has ..