Thursday, October 1, 2020
No menu items!
  • News
  • Blockchain
  • Cryptocurrency
  • Contact Us
More

    Charles Hoskinson Questions Cointelegraph for Omitting Cardano (ADA) PoS Protocol in its PoS-Dedicated Article

    Must Read

    Chainalysis and Integra FEC Are Awarded $625,000 by IRS for Cracking Monero (XMR) Privacy

    According to a report credited to Cointelegraph, the blockchain analytics firm Chainalysis and a Texas-based firm, Integra FEC, have...

    Eligibility of David Schwartz to Free Spark Tokens Questioned: Ripple CTO and Flare Clear the Air

    The snapshot of XRP Ledger for the widely publicized Spark tokens is slated for 12th December 2020. About 1.5...

    Early XRP Bull Who Benefitted from 50,000% Rally Speaks On How to Spot Parabolic Runs Before They Occur

    A popular XRP investor, who has been part of the crypto community since 2012 and has been bullish about...
    Avatar
    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.




    The CEO of IOHK Charles Hoskinson, who doubles as the co-founder of Cardano (ADA) and Ethereum (ETH) has questioned the notion of the major crypto news outlet, Cointelegraph, for failing to mention Cardano (ADA) Proof-of-stake protocol in its latest PoS-dedicated article.

    This was brought into the attention of Charles Hoskinson by a Cardano community member identified on Twitter as Katsumoto, after reading an article written by Cointelegraph, titled, “Staking Consensus and the Pursuit of Decentralization.”

    After reading the article, he noticed that the article is based on proof of stake protocol, but without a mention of Cardano (ADA) Ouroboros Proof-of-stake protocol (PoS).

    He took to Twitter to showcase his grievances by questioning the notion of the crypto news outlet for omitting such a big project.

    Katsumoto shared this, “0 mention of Cardano’s Ouroboros PoS algorithm. All truth passes through three stages: First, it is ridiculed. Second, it is ignored, third you win. I’m thinking we’re in stage 2ish Any reason in particular for omission? Cointelegraph”

    This observation also raised concerns among some Cardano community members. This was deduced from their reactions to the tweet.

    Charles Hoskinson Corroborates

    The CEO of IOHK Charles Hoskinson corroborated the Cardano community member’s assertion by questioning the omission of the project he termed as the best and most academically cited Proof-of-stake (PoS) protocol on market, after going through the article.

    “Pretty amazing that the best and most academically cited proof of stake protocol on market was omitted. Cointelegraph any reason?”

    Huge Success Made By Cardano Shelley Incentivized Tesnet (ITN)

    According to the Cardanians, the guardians of Cardano (ADA) security and decentralization, Shelley Incentivized Tesnet (ITN) has so far been significantly successful.

    In the update, the Cardanians stated that Shelley ITN now has over 1000 stake pools created and 38% of the ADA supply delegated, concluding that Shelley testnet’s integration into mainnet is underway.

    “The Cardano Shelley ITN has been a huge and unexpected success, with over 1000 stake pools created and 38% of the ADA supply delegated. It’s time for the next step. Soon we will see the Haskell test-net and then the launch of the decentralized main-net. Fasten your seatbelts,” the Cardanians shared.




    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Latest News

    Chainalysis and Integra FEC Are Awarded $625,000 by IRS for Cracking Monero (XMR) Privacy

    According to a report credited to Cointelegraph, the blockchain analytics firm Chainalysis and a Texas-based firm, Integra FEC, have...

    Eligibility of David Schwartz to Free Spark Tokens Questioned: Ripple CTO and Flare Clear the Air

    The snapshot of XRP Ledger for the widely publicized Spark tokens is slated for 12th December 2020. About 1.5 billion XRP from over 20,000...

    Early XRP Bull Who Benefitted from 50,000% Rally Speaks On How to Spot Parabolic Runs Before They Occur

    A popular XRP investor, who has been part of the crypto community since 2012 and has been bullish about the bankers’ digital token from...

    IOTA Implements Mana to Defend Against Sybil Attacks

    IOTA Foundation has implemented Mana, a new reputation system that is integrated into pollen, to defend against Sybil attacks. A blog post that explains...

    Cardano (ADA) You Keep On Crypto Exchanges Don’t Belong To You –User Buttresses His Viewpoint

    A supposed Cardano investor has recently averred that any ADA holder that chose to keep his/her holdings on cryptocurrency exchanges has little control over...

    More Articles Like This