• Contact Us
  • Affiliate Disclosure
  • Privacy Policy
  • Terms of Use
  • DMCA
Saturday, January 28, 2023
WongaNews.com
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading
No Result
View All Result
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading
No Result
View All Result
WongaNews.com
No Result
View All Result

Who is Charles Hoskinson? – CryptosRus

August 14, 2022
in Crypto News
Reading Time: 5 mins read
A A
ShareShareShareShareShare

Related articles

Biden Administration announces roadmap for reducing crypto risks

January 28, 2023

IOTA enters next phase of European Commission’s Blockchain Pre-Commercial Procurement

January 28, 2023

Today we take a deep dive into the life of the beloved and hated founder of Cardano, Charles Hoskinson.

COVERED:

  • Introduction: Charles Hoskinson Bio
  • Early Life and Career
  • Cardano
  • Hoskinson’s Philanthropy

INTRODUCTION: Charles Hoskinson Bio

Charles Hoskinson is a Colorado-based mathematician and technology entrepreneur. He is most notably known as a co-founder of Ethereum and the founder of Cardano. Both of these networks are among the world’s most popular cryptocurrency networks. He is also the CEO and founder of IOHK (Input Output Hong Kong), which is the company behind the Cardano blockchain.

Hoskinson began his career in blockchain with Bitshares and Ethereum, but after some disagreements regarding the vision, he left Ethereum. His current claim to fame is Cardano and its parent company IOHK. Cardano is a blockchain that is in direct competition with Ethereum. What makes Cardano unique is its scientific foundations. Hoskinson frequently engages with the crypto community via YouTube.

Recommended: Michael Saylor Calls Cardano A Security; Charles Hoskinson Responds

EARLY LIFE AND CAREER

Hoskinson attended the Metropolitan State University of Denver and the University of Colorado, Boulder “to study analytical number theory before moving into cryptography through industry exposure.” Crypto reporter Laura Shin reported that he left his university before completing his PhD. Hoskinson has denied the claim.

Hoskinson started off in a consulting role but quit his job in 2013 to focus on crypto and its potential.

How To Use Bitget

Before Cardano, his professional experience included two blockchain-related start-ups, including Invictus innovation (the company behind Bitshares) and Ethereum. Bitshares was developed by him in 2013, which was an early decentralized exchange platform. In the same year, he founded an online school called the “Bitcoin Education Project,” where he met Vitalik Buterin, and together (along with several co-founders), they started Ethereum.
Though Hoskinson was initially the CEO of Ethereum, he didn’t stay very long in the company and left the project in June 2014 after a dispute over whether the project should be commercial (Hoskinson’s view) or a non-profit (Buterin’s view).

After that, he was approached by Jeremy Wood, a former Ethereum colleague. Together with Jeremy, Hoskinson started their own blockchain project called Input Output (IOHK), a third-party development company that builds blockchains for academic institutions. Currently, he is the CEO of IOHK, and its mission is to supply financial services for over 3 billion people around the world who lack a transparent and equitable financial and governance system. The most notable project of IOHK is Cardano which is a blockchain and smart contract platform that uses its own cryptocurrency called ADA.

CARDANO

IOHK is an Engineering Company that builds cryptocurrency and blockchains for corporations, academic Institutions, or government entities. It has a diverse, geographically distributed team of engineers, scientists, business professionals, and open-source collaborators. The core responsibilities of the foundation are to supervise the development of Cardano and its ecosystem.

cardano

Under Hoskinson, IOHK began to work on the Cardano blockchain, which is its key project, and it hosts the ADA cryptocurrency. Cardano carried out its ICO (Initial Coin Offering) in 2017 and raised $63 million for its ADA token. In September 2017, IOHK launched the Cardano blockchain, and ADA quickly began to rise in value. By January 2018, it achieved a market cap of $32 million, making it the fifth largest coin. This achievement cemented Cardano’s position as one of the significant competitors of Ethereum on the market.
Though Cardano is quite similar to Ethereum in that, it is intended as a network for smart contracts and blockchain programs, Hoskinson’s vision for Cardano was slightly different. He wanted it to be built on top of solid scientific and mathematical foundations. As Hoskinson took inspiration from history to create Cardano’s image. Cardano itself is named after the famous 16th-century Italian mathematician Gerolamo Cardano. Similarly, the parts of its ecosystem are also named after famous historical figures like Lord Byron, Ada Lovelace, Matsuo Basho, Voltaire, etc.

For security purposes, IOHK chose Haskell as the programming language of Cardano. Haskell is a very secure programming language because it enforces certain safe coding practices and is widely used in industries like finance and defense contracting.
In 2017, IOHK sponsored several blockchain technology labs around the world, including the University of Edinburgh, Tokyo Institute of Technology, and University of Wyoming. This resulted in the Ouroborous blockchain consensus protocol. To help Cardano scale and achieve optimal performance, IOHK has developed Ouroborous. This protocol combines the efficiency of proof-of-stake consensus with the security of Bitcoin mining.

HOSKINSON’S PHILANTHROPY

Hoskinson has also focused on providing educational resources throughout his career. He was the founder of the Bitcoin Education Project and has also served on the Bitcoin Foundation’s Education Committee. In recent years, Hoskinson has discussed blockchain education with the Government of Barbados, while his colleagues at IOHK have taught people to code in Ethiopia. He has also been critical of the growing energy consumption problem inherent to Bitcoin and the negative impact it creates regarding climate change. He claims that Cardano is far more energy efficient than Bitcoin. Hoskinson has been a consistent advocate of blockchain and has been instrumental in changing people’s perceptions of cryptocurrencies and blockchain technology.

Recommended: Charles Hoskinson v. Elon Musk

***

Thanks for reading our Charles Hoskinson bio. Let us know what you think about him in the comments below.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Bitcoin hits $25K as bearish voices call BTC price ‘double top’

Next Post

The future of NFTs in education looks bright

Related Posts

Biden Administration announces roadmap for reducing crypto risks

January 28, 2023

Following a year in which the crypto sector experienced some of the worst upheavals in its short history, the White...

IOTA enters next phase of European Commission’s Blockchain Pre-Commercial Procurement

January 28, 2023

The IOTA Foundation successfully completed the testing of Phase 2A of the EU blockchain Pre-Commercial Procurement. In Phase 2B, IOTA...

Break Or Make Movement For Crypto Market

January 28, 2023

Despite the recent negative impact by the macroeconomic environment and bankruptcies, the cryptocurrencies have managed to rise since the start...

Azuki’s Official Twitter Account Hacked, Over $750,000 Drained

January 28, 2023

NFT collection Azuki’s official Twitter account was compromised on Friday afternoon, according to an update released by the Azuki team. ...

Lawyer Predicts Grayscale’s Win Against The SEC In Supreme Court

January 28, 2023

Grayscale Investments, a crypto asset management company, is preparing for a prolonged legal battle with the Securities and Exchange Commission...

Load More
Next Post

The future of NFTs in education looks bright

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

6 Most Dramatic Pump and Dump Scams in Crypto History

January 22, 2023

Stablecoin Regulation Is Congress’ Top Priority, Says Bitwise General Counsel

January 14, 2023

El Salvador’s bitcoin city wins global recognition

January 26, 2023

About Us

Wonga News is an online news portal that aims to provide the latest crypto news, blockchain, regulations, and much more stuff like that around the world. We promise to share only high quality content from the world's best crypto sources. Feel free to get in touch with us!

What’s New Here!

  • How crypto turned Portugal into a promised land for entrepreneurs
  • Biden Administration announces roadmap for reducing crypto risks
  • THORChain Price Prediction: RUNE Bulls Eye A 21% Increase To $2.29

Newsletter

Loading
  • Contact Us
  • Affiliate Disclosure
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2022 WongaNews.com - All Rights Reserved!

No Result
View All Result
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading

© 2022 - WongaNews.com - All Rights Reserved!

  • bitcoinBitcoin(BTC)$23,079.00-0.17%
  • ethereumEthereum(ETH)$1,582.30-0.50%
  • USDEXUSDEX(USDEX)$1.07-0.47%
  • tetherTether(USDT)$1.00-0.08%
  • usd-coinUSD Coin(USDC)$1.000.11%
  • binancecoinBNB(BNB)$307.560.64%
  • rippleXRP(XRP)$0.4122560.57%
  • binance-usdBinance USD(BUSD)$1.00-0.12%
  • cardanoCardano(ADA)$0.3868601.32%
  • dogecoinDogecoin(DOGE)$0.0891393.14%
  • matic-networkPolygon(MATIC)$1.150.45%
  • okbOKB(OKB)$38.908.11%
  • solanaSolana(SOL)$24.230.51%
  • staked-etherLido Staked Ether(STETH)$1,579.50-0.28%
  • polkadotPolkadot(DOT)$6.460.15%
  • shiba-inuShiba Inu(SHIB)$0.0000122.59%
  • avalanche-2Avalanche(AVAX)$20.7613.93%
  • litecoinLitecoin(LTC)$88.470.60%
  • tronTRON(TRX)$0.062637-0.43%
  • daiDai(DAI)$1.00-0.29%
  • uniswapUniswap(UNI)$6.69-0.57%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$23,044.000.08%
  • cosmosCosmos Hub(ATOM)$13.401.80%
  • ToncoinToncoin(TON)$2.552.90%
  • chainlinkChainlink(LINK)$7.280.36%
  • leo-tokenLEO Token(LEO)$3.79-1.32%
  • moneroMonero(XMR)$182.433.53%
  • ethereum-classicEthereum Classic(ETC)$21.840.12%
  • AptosAptos(APT)$18.171.92%
  • bitcoin-cashBitcoin Cash(BCH)$133.29-1.52%
  • Aerarium FiAerarium Fi(AERA)$7.12-13.06%
  • stellarStellar(XLM)$0.0930200.92%
  • apecoinApeCoin(APE)$6.12-1.53%
  • quant-networkQuant(QNT)$148.94-2.14%
  • nearNEAR Protocol(NEAR)$2.48-0.31%
  • crypto-com-chainCronos(CRO)$0.0812640.39%
  • filecoinFilecoin(FIL)$5.30-0.48%
  • lido-daoLido DAO(LDO)$2.28-4.17%
  • algorandAlgorand(ALGO)$0.2574902.00%
  • vechainVeChain(VET)$0.024104-1.36%
  • hedera-hashgraphHedera(HBAR)$0.068428-1.25%
  • internet-computerInternet Computer(ICP)$5.96-0.64%
  • axie-infinityAxie Infinity(AXS)$11.521.03%
  • decentralandDecentraland(MANA)$0.703.33%
  • aaveAave(AAVE)$85.29-3.51%
  • eosEOS(EOS)$1.09-2.33%
  • the-sandboxThe Sandbox(SAND)$0.74-0.33%
  • fantomFantom(FTM)$0.452007-4.31%
  • flowFlow(FLOW)$1.07-1.12%
  • elrond-erd-2MultiversX(EGLD)$44.571.14%