Cardano [ADA]: No one cries for decentralized solutions unless centralized ones fail, says Charles Hoskinson

2019-4-10 17:30

Cardano [ADA] has been hailed by many in the world of digital assets as a solution to many problems related to research, remittances and other walks of life. In a recent interview with Analysis in Chain, Charles Hoskinson, the Chief Executive Officer of IOHK, spoke about the ideals of the company and the implantation plans of Cardano.

Hoskinson stated that IOHK is a very unusual company as in some ways, it is a combination of a research company, an engineering company, and a design company. He stated that IOHK, as well as the projects associated with it such as Cardano and Ethereum Classic [ETC], operate on many basic principles. One of these is the process of differentiating centralization from decentralization. In his words,

“Cardano and IOHK are trying to solve many problems prevalent around us right now. For example, some people on Twitter are getting de-platformed without them knowing, something that IOHK can solve. We also want to solve issues on the remittance and financial market side, including micropayments and such. Everything we do is open source, and if someone else figures out a better use case for our product, then more power to them.”

The CEO revealed that everything done by the company has a political view behind it, which is that a decentralized world must be welcomed to allow free expression. He also admitted that centralization for the sake of decentralization is very expensive and impractical, and is not something customers want. He added,

“If we push for decentralization for no reason, then we will get a solution that is worse than a centralized system. No one really cries for decentralized solutions unless the centralized ones fall. People in war torn areas like Syria need it though because never before in history do we need a solution that will allow people to carry their value and assets wherever they go.”

Charles Hoskinson was previously in the news after stating that the cryptoverse was looking for a “WiFi or a Bluetooth moment.”

The post Cardano [ADA]: No one cries for decentralized solutions unless centralized ones fail, says Charles Hoskinson appeared first on AMBCrypto.

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Источник: ambcrypto.com

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The proponents in the world of cryptocurrencies are the focal points in informing users about the developments and updates of their respective coins and networks. There are also instances when the luminaries call out false notions and news about them, something that Charles Hoskinson, the CEO of IOHK did recently.

2019-4-10 14:30


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2019-1-25 06:10


Cardano (ADA) Founder: Crypto Prices Could Take 10 Years to Recover, But Industry Will Mature

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2019-1-25 23:22


Are Cardano (ADA) updates to vague or are the holders just to impatient?

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2019-1-17 00:16


Are Cardano (ADA) updates too vague or are the holders just to impatient?

Cardano developer and CEO if IOHK Charles Hoskinson has been quite busy since the turn of the year. As the project moves towards implementing the Shelley update, one that is expected to bring several long-awaited features (like decentralization and staking), Hoskinson decided to hold another impromptu YouTube AMA and answer some popular community questions.

2019-1-17 00:16


Основатель Cardano об эффективности новых инструментов смарт-контрактов ADA

Ведущая  аналитическая блокчейн-компания IOHK анонсировала два инструмента написания смарт-контрактов для блокчейна Cardano. Приложения под названием Plutus и Marlowe были запущены в тестовом формате на первой конференции PlutusFest в Эдинбурге.

2018-12-13 11:35


Cardano Price Analysis: ADA/USD Register New 2018 Lows, Floors not Visible

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2018-12-7 15:35


Cardano (ADA) embarks on a new era after Cardano Foundation excess and CEO resignation

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2018-11-19 21:49


Cardano Foundation осталось без двух ключевых партнеров. IOHK и Emurgo разрывают отношения

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2018-10-14 16:56


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