Saturday, April 10, 2021

Charles Hoskinson Launches His Own Cardano (ADA) Staking Pool Called RATS Pool

Charles Hoskinson, the creator of Cardano (ADA), has some hours ago announced the official launch of his own staking pool known as RATS Pool.

According to Hoskinson, the name “RATS Pool” originated from the CEO of Blockstream, Adam Back. The pool is run by the CEO of IOG and Samuel Leathers.

He thereby urged the Cardano community members to start delegating their ADA on his pool that is currently up and running.

Read Also: Charles Hoskinson: Cardano (ADA) Goguen Launch Remains as Slated; New Yoroi Extension for Mary Released

Charles Hoskinson tweeted, “The Charles Pool is now up and running. Thanks to Adam Back for the name. I’m king of the RATS, ( feel free to delegate everyone”

Why Charles Hoskinson Attributed the Name “Rat Pool” To Adam Back

The name RATS Pool originated from a ranking initiated by the Blockstream CEO, Adam Back sometime in August 2020.

The Bitcoin advocate claimed that Hoskinson has a better understanding of Bitcoin and the application of mathematics than the self-acclaimed Satoshi, Craig Wright, and Ethereum co-creator, Vitalik Buterin.

Read Also: Charles Hoskinson on Ethereum Network Effect: We’re All Fighting in a Small Pond, No One Has Won

Back then, Adam Back also claimed that the creator of Cardano is better than the founder of Tron (TRX), Justin Sun.

Currently, Charles Hoskinson has “King of the Rats” on his Twitter bio, which is an indication of an outright acceptance of Adam Back’s ranking.

Cardano Ecosystem Inching Closer to Goguen Era

The upcoming Mary mainnet deployment is one of the two hard forks required to usher in the Goguen era that’s coming to incorporate various decentralized services and solutions.

Additionally, Goguen is expected to welcome a number of third-party developers into the Cardano ecosystem, which should greatly increase interest in the digital token ADA.

Read Also: Cardano (ADA) To Go Live On Decentralized Algorithmic Money Market Venus

In a nutshell, users should expect improved scalability, performance, and cost-efficient transactions on the Cardano network after the launch of Goguen.

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Solomon Odunayo
Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.

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