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Cardano Founder Says Elon Musk Should Start Accepting ADA

Charles Hoskinson, the Cardano founder says Elon Musk should start accepting ADA because it is superior to Bitcoin so let’s read more in our latest Cardano ADA News. The Cardano founder says Elon Musk should consider turning to ADA because the project is one of the greenest and most eco-friendly digital asses. He opined that Tesla should choose it if it really cares about environmental sustainability. In a recent interview with Lex Fridman, Hoskinson highlighted the benefits of the proof of stake blockcahin platform and noted that the PoS system is much better in terms of energy consumption compared to…

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Hoskinson Announced New Hardware Wallet Features For Cardano

Charles Hoskinson announced the new hardware wallet features and staking for Cardano which will have the function of “one-to-many” delegation, allowing owners to delegate their tokens to multiple stake pools as we are about to find out in the Cardano ADA news today. In order to boost the security of the stake pool operators, Hoskinson announced the development of two new features for Trezor and Ledger. In the new blackboard video, Charles Hoskinson informed me that IOHK will introduce the functions of the new delegation method and delegation portfolios. The inventor of Cardano already presented both ideas a week ago…

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IOHK CEO Reveals Possible Collaboration With Litecoin

Charles Hoskinson, the IOHK CEO reveals a possible collaboration with Litecoin to develop the inter-chain communication while the developer David Burkett confirms that a new test network for MimbleWimble is scheduled for September. In our latest Litecoin news today, we take a closer look at the possible partnership. Litecoin’s core developer David Burkett updated on the progress of the MimbleWimble implementation and the developer confirmed that the deployment of the first test network is still scheduled for September. Burkett explained the progress that the project made while saying that the foundation is missing funds to continue working on the project.…

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ADA Founder Predicts Huge Ecosystem Growth In 2021 And Here’s Why

Charles Hoskinson, the ADA Founder predicts a huge ecosystem growth next year in which he sees rivaling Ethereum in the number of dapps on the platform but let’s see why he thinks that in our Cardano ADA news today. Cardano is on a roll lately as the latest update from the team confirmed the Shelley mainnet launch being on schedule on July 29, 2020, and Hoskinson also mentioned the revised Daedalus test wallet which is also in the works with 300 independent stake pools available to choose from. This was enough to send ADA to a new year-to-date high of…

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Cardano’s PoS Is More Secure Than Bitcoin’s PoW: IOHK CEO

According to Charles Hoskinson, the CEO of IOHK, Cardano’s PoS is more secure than Bitcoin’s PoW and also more decentralized. In a new video that we talk about in our Cardano latest news, Hoskinson attacked Bitcoin maximalists Tone Vays and Jimmy Song and refuted all their arguments. Charles Hoskinson, the CEO of IOHK and Cardano inventor, spoke on the subject of decentralization making direct references to the well-known Bitcoin maximalists by assessing the degree of decentralization of Bitcoin and identifying more problems. As Hoskinson described, the ability to mine Bitcoin is dependent on ASICs access since the manufacturers have a…

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