#hoskinson

Cardano founder Charles Hoskinson has outlined plans to pursue partnerships with major protocols, including Aave, Chainlink, and World Liberty Financial’s USD1 stablecoin. In an Aug. 31 Ask Me Anything (AMA) session, Hoskinson argued that such integrations are crucial for strengthening Cardano’s ecosystem and ensuring the blockchain remains competitive in the industry. He said: “I’d like USD-1,…

Tensions have erupted in the Cardano ecosystem after fresh accusations targeted founder Charles Hoskinson over alleged manipulation of the Cardano treasury. The claims, linked initially to transactions during the 2021 Allegra hard fork, have resurfaced, stirring division within the community. Discussions reignited this week have led to critics claiming more than $600 million worth of ADA may have…

The cryptocurrency market lacks no critics and naysayers, be it in terms of the sector as a whole or the particular cryptocurrency and its underlying network, including Cardano (ADA), the founder of which has hit back at the criticism projecting its doom. As it happens, Charles Hoskinson addressed the attacks on Cardano, particularly the proclamations of its death, irrelevance, or failure by the…

Cardano Founder Charles Hoskinson Joins Search for Aliens and UFOs

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The founder of Cardano, Charles Hoskinson, has confirmed on Twitter that he is part of an expedition that is searching for a “meteor of interstellar origin” that crashed onto Earth from outer space in 2014.

The United States Department of Defense verified the origin of the meteor back in 2019, and the search for it is being conducted by the Galileo Project, which is a part of Harvard University. 

The project is led by Harvard professor Avi Loeb and his student Amir Siraj.

Cardano founder invests in search for aliens

Back in March 2023, Charles Hoskinson, the founder of Cardano, invested $1.5 million in the Galileo Project.

On June 16th, Hoskinson confirmed his presence with the researchers on the coast of Papua New Guinea in the Pacific Ocean, sharing updates through a series of Tweets.

In one of his tweets, he mentioned that there was still much ground to cover and that they hadn’t yet started using the sluice sled.

Meanwhile, Loed, another member of the expedition, is maintaining a blog where he provides daily updates on the progress of the expedition so far.

In a post dated June 16th, he mentioned the discovery of a manganese-platinum wire with a unique abundance pattern that differs from commonly available commercial products.

The scientists involved in the expedition have a strong belief in the existence of alien life and speculate that the meteor that crashed into the ocean is actually a fragment of an unidentified flying object.

Cardano founder invests in more fun projects

Hoskins is known for investing in quirky, fun projects that look to overstep the boundaries of the known.

In March 2022, the Cardano founder said that he invested in a project aiming to resurrect the woolly mammoth with aims of bringing blockchain into the “field of de-extinction”.

How is ADA holding up?

Cardano’s native cryptocurrency, ADA, has experienced a decline in value over the past few weeks. According to CoinMarketCap data, the token has lost approximately 1.72% of its value in the last week. 

From June 1, 2023, when it was priced around $0.3751, ADA has dropped to about $0.2766 on June 18, 2023, marking a decrease of 18.9% this month.

The recent bearish price action of ADA can be attributed to the ongoing lawsuits faced by Binance and Coinbase from the US Securities and Exchange Commission (SEC).

These legal challenges have caused concerns among investors, leading some to sell the cryptocurrency they were holding, including ADA.

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TRON's Justin Sun, Cardano's Charles Hoskinson side with Binance in SEC case

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Hoskinson proposes ‘generative AI-proof watermarking’ to thwart deep fakes

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Input Output CEO Charles Hoskinson said the emergence of AI deep fakes would force us to assume everything we see and hear is fraudulent.

AI deep fakes to become indistinguishable from real life

During a recent AMA, Hoskinson was asked about using blockchain technology to authenticate visual content. In response, he acknowledged that a verification system is needed.

He further expressed that, within the next 12 to 24 months, rapid advances in AI technology will see deep fake video and audio indistinguishable from real life. With that will come a gradual shift from the customary “seeing is believing” attitude currently prevalent to one assuming everything is fake.

Continuing, he spoke of a propagandized use of the technology that involves nation-states producing and distributing deep fakes for “instruments of polarization.”

Hoskinson suggested the way to combat this is to use the immutable properties of blockchains to store a verifiable “chain of evidence” from image capture to upload – this he called “generative AI-proof watermarking.”

“The only way to get out of it is to have verified information and verified content. So at the time of creation, you need to create an NFT and sign it, and have some chain of evidence that it was created on a legitimate device.”

Other approaches to combat deep fakes

Gizmodo pointed out that deep fake detection technology had long been developing well before ChatGPT launched. However, the recent popularity of its use has intensified the urgency in finding up-to-task detection solutions.

Although Hoskinson spoke of a blockchain-based content traceability model, companies like Optic and FakeCatch are focused on identifying AI involvement at the audio and visual levels. Similarly, Fictitious.AI is adopting a similar non-blockchain-based approach, but in respect of written content.

Arjun Narayan, the former Trust and Safety Lead at Google, said although the detection systems have a degree of accomplishment, he suspects the technology is “playing catch up” to deep fakes.

The post Hoskinson proposes ‘generative AI-proof watermarking’ to thwart deep fakes appeared first on CryptoSlate.

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Charles Hoskinson: Bitcoin Ordinals ‘could look better’ on Cardano

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In a modern YouTube AMA session, Charles Hoskinson declared that Cardano, a blockchain network, continues to be completely focused to decentralization.

Ordinals capabilities superior on Cardano

Through the AMA, the tech entrepreneur also proposed that Bitcoin Ordinals is ideal suited for Cardano given that the blockchain, he promises, has a greater ecosystem. 

https://www.youtube.com/look at?v=_iMYApsyt2U

Ordinals consists of a know-how that makes it possible for “inscribing” every single satoshi with a unique label and additional specifics. Appropriately, each individual inscription is exclusive and can be traced in Bitcoin or any other network they have been inscribed in.

Exclusively, Ordinals let end users to shop various information styles, like text, graphics, and coded language, right on the Bitcoin community.

These inscriptions can be minted as unique belongings, related to non-fungible tokens (NFTs), devoid of working with intelligent contracts. Mainly because they are distinctive, every single inscription can be traded and stored in an standard wallet.

Each and every inscription need to adhere to a unique size restrict on the Bitcoin blockchain. This implies that info is interconnected and can healthy in just the assigned dimensions.

Decentralization and rules

In a current report, the government emphasised that the Cardano Advancement Proposal (CIP-1694) would substantially affect the decentralization discussion by giving a framework for on-chain governance to assist the network’s Voltaire stage.

CIP-1694 is a proposal that outlines a new on-chain governance system in Cardano where any consumer can post a proposal. The plan was laid out in March 2023 but is currently being designed and discussed. Even so, this proposal could be built-in in July 2024.

Hoskinson believes their gradual shift to decentralization will enable the blockchain comply with crypto polices proven by authorities.

The founder of Cardano thinks decentralization initiatives are vital to setting up regulatory specifications. In his assessment, authorities may well at some point see cryptocurrency initiatives as protocols or commodities.

Presently, Cardano is doing the job on scaling the system on-chain in the Basho phase. In the prior section, builders activated intelligent agreement capability in the course of the Goguen phase.

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Cardano's Hoskinson Shares Vision For 'Cardano Summer'

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Cardano tokens. Source: Adobe

Cardano founder Charles Hoskinson has shared an over-optimistic vision for the future of the proof-of-stake blockchain platform, claiming that it could climb to the top of the cryptocurrencies list soon. 

In a recent video, the crypto veteran talked about “Cardano Summer,” claiming that the blockchain’s native token ADA could surpass Bitcoin, Ethereum, and all other cryptocurrencies, thanks to a series of updates and proposals set to be released in the coming weeks. 

One of the most significant updates is the CIP-1694 proposal, which aims to revolutionize Cardano’s on-chain governance infrastructure and turn the network into a truly decentralized government.

The proposal is set to be integrated into the upcoming Voltaire update and will allow any user to submit a governance action.

Hoskinson also talked about Cardano’s ongoing effort to measure and quantify decentralization using metrics such as the Genie and Nakamoto coefficients. 

These metrics would provide valuable insights into Cardano’s level of decentralization and could be adopted by major regulatory bodies worldwide. 

By using these indicators to assess decentralization, policy-makers could formulate informed regulations and differentiate between cryptocurrencies as either commodities or protocols based on their decentralization.

Hoskinson Addresses Regulatory Uncertainty

The Cardano founder also addressed the ongoing regulatory turmoil and shared how the development team is tackling the issue. 

Hoskinson emphasized the need for a more nuanced and optimized regulatory framework, which could be fostered through the adoption of decentralization metrics like the Genie and Nakamoto coefficients.

The statement comes as regulatory agencies in the US, particularly the Securities and Exchange Commission, have launched an aggressive crackdown on the crypto industry following the catastrophic collapse of cryptocurrency exchange FTX last year. 

So far this year, the agency has taken action against crypto exchanges Bittrex and Gemini, crypto lender Genesis, and a number of individual actors accused of manipulating crypto assets, including crypto entrepreneur Justin Sun and disgraced Terraform Labs founder Do Kwon.

More recently, the SEC also sent a “Wells notice” to Coinbase, threatening the crypto exchange with legal actions regarding some of its listed digital assets, its staking service Coinbase Earn, Coinbase Prime, and Coinbase Wallet.

Furthermore, another issue the SEC has been grappling with is the question of whether certain cryptocurrencies are securities or not. 

As reported, Cardano advocate and founder of Crypto Capital Venture Dan Gambardello thinks it unlikely that the SEC will deem ADA as a security. 

He gave two reasons for this thesis. Firstly, the ICO for Cardano occurred in Japan and was not accessible to investors from the US. Secondly, a recent court ruling found that secondary sales of LBC tokens from LBRY were not considered securities, setting a crucial precedent for ADA.

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