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- Cardano’s co-founder is helping the crypto community by educating the audience
- Cardano is more beneficial than Bitcoin- Hoskinson
Charles Hoskinson gives his best to help and develop the crypto community as he keeps educating newcomers about crypto, blockchains, and many more topics related to crypto.
He has proved his allegiance to the industry by backing decentralization and his native cryptocurrency, Cardano. Recently, he went against the CEO of Microstrategy, Michael Saylor, as he referred to ADA as a security that is dissimilar to Bitcoin as it is a commodity.
Hoskinson disagreed with the statement and clarified that the company is more beneficial than Bitcoin in many ways. ADA is fully decentralized, so people don’t use the token for pure gambling, as it can often be seen with bitcoin.
Hoskinson’s support for startups.
Apart from supporting cryptocurrency, he also supports using blockchain in the real world. He has also explained the need for an updated law structure, which will eventually help in improving the position of blockchain technology in law minds.
From time to time, Hoskinson also supports many startups and explains the use of blockchain technologies for enhancing the audibility and transparency of the crypto industry.
There are very few platforms in the current scenario which use a proof-of-stake mechanism, and Cardano is one of them.
Like Hoskinson, there are numerous companies and individuals who are working on making people aware of the industry and teaching them the use of cryptocurrencies and blockchain technologies.
Blueshift, a portfolio-based asset management protocol company, keeps its point that educating newcomers is very important. It also educates the community about the roles and importance of blockchain technology and its need to make it available to regular users.
Igor Mikhalev, the founder of Blueshift, collaborated with Hoskinson and established his protocol on Cardano.
Conclusion
The abovementioned clearly portrays that the work of Hoskinson can easily influence others which will eventually lead to the birth of new technological solutions. Also, there is no doubt that he is a captivating face in the crypto industry. His most fascinating work, Cardano, has helped a lot of people. Still, his work of educating and awaring the community about the industry is really appreciated and should not be neglected.
Someone devoted like him is needed in almost every field and company. Through his efforts, the crypto industry will make a standard societal position.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
