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Saturday 31 July 2021

Who owns most Cardano?

 Charles Hoskinson is the founder of Cardano[2] and co-founder of Ethereum,[3][4][5] which are both blockchain platforms.[6]

Career[edit]

He attended Metropolitan State University of Denver and University of Colorado Boulder to study analytic number theory.[7][non-primary source needed]

In 2013 Hoskinson quit a consulting job to begin a project called the Bitcoin Education Project. According to Hoskinson, "the limited supply makes [Bitcoin] like digital gold".[8][9]

Ethereum[edit]

Hoskinson joined the Ethereum founding team (one of eight original founders) with Vitalik Buterin in late 2013.[4] Buterin removed Hoskinson from Ethereum in 2014 after a dispute over whether the project should be commercial (Hoskinson's view) or a nonprofit (Buterin's view).[4][10] Following his departure from Ethereum, he took a six month sabbatical.[8]

IOHK & Cardano[edit]

Hoskinson was approached by former Ethereum colleague Jeremy Wood to form a new project called IOHK (Input Output Hong Kong), an engineering and research company that builds cryptocurrencies and blockchains.[8] IOHK's key project is Cardano, a public blockchain and smart-contract platform that hosts the ADA cryptocurrency.[8][11]

University involvement[edit]

In 2017, Hoskinson and IOHK sponsored research labs focusing on blockchain technology at the University of Edinburgh and the Tokyo Institute of Technology.[12][13] In 2020, Hoskinson opened a blockchain research project at the University of Wyoming. The collaboration involved a gift of $500,000 for the University of Wyoming to support the development of blockchain technology through the creation of a UWYO-IOHK Advanced Blockchain and Development Laboratory. IOHK also has ties to the University of Edinburgh with their Chief Scientist, Aggelos Kiayias.[14][15]

Views on Bitcoin[edit]

According to Hoskinson, Bitcoin's growth in power consumption has been inevitable, stating: "Bitcoin's energy consumption has more than quadrupled since the beginning of its last peak in 2017 and it is set to get worse because energy inefficiency is built into bitcoin's DNA".[16]

See also[edit]

References[edit]

  1. ^ Kharif, Olga (14 March 2021). "Crypto's Next Big Thing Raises Questions While the Price Surges"Bloomberg. Retrieved 14 March 2021.
  2. ^ Duffy, Jim (June 3, 2020). "Will Cardano shake finance to its foundations? Jim Duffy comment"The ScotsmanArchivedfrom the original on June 3, 2020. Retrieved June 11, 2020.
  3. ^ Roose, Kevin (September 15, 2017). "Is There a Cryptocurrency Bubble? Just Ask Doge"The New York TimesArchived from the original on September 15, 2017. Retrieved June 12, 2020.
  4. Jump up to:a b c Russo, Camila (July 18, 2017). "Ethereum Co-Founder Says Crypto Coin Market Is a Time-Bomb"BloombergArchivedfrom the original on June 12, 2020. Retrieved April 22, 2020.
  5. ^ "Global Promise and Momentum of Cryptocurrency & Blockchain - Kellee Marlow & Charles Hoskinson"Spark Podcast. May 28, 2020. Archived from the original on February 5, 2021. Retrieved June 1, 2020.
  6. ^ Hackett, Robert (April 8, 2019). "Ethereum Cofounder Says Blockchain Presents 'Governance Crisis'"FortuneArchivedfrom the original on April 9, 2019. Retrieved April 1, 2020.
  7. ^ "Charles Hoskinson"RSA ConferenceArchived from the original on June 12, 2020. Retrieved June 12, 2020.
  8. Jump up to:a b c d Angel Au-Yeung (7 February 2018). "A Fight Over Ethereum Led A Cofounder To Even Greater Crypto Wealth"Forbes MagazineArchived from the original on 7 February 2018. Retrieved 12 July 2020IOHK's key project: Cardano, a public blockchain and smart-contract platform which hosts the Ada cryptocurrency.
  9. ^ Gustke, Constance (3 July 2013). "Does digital currency have staying power?"BBCArchived from the original on 12 November 2020. Retrieved 1 November 2020.
  10. ^ Paumgarten, Nick (October 15, 2018). "The Prophets of Cryptocurrency Survey the Boom and Bust"The New YorkerArchived from the original on January 9, 2020. Retrieved April 20,2020.
  11. ^ Sugiura, Eri (July 2, 2018). "Startups push blockchain beyond cryptocurrency"Nikkei Asian ReviewArchived from the original on June 12, 2020. Retrieved June 12, 2020.
  12. ^ Williams-Grut, Oscar (February 24, 2017). "The University of Edinburgh is launching a blockchain research lab with one of the cofounders of Ethereum"Business Insider AustraliaArchivedfrom the original on March 28, 2020. Retrieved March 28, 2020.
  13. ^ "Beyond Bitcoin - IOHK and University of Edinburgh establish Blockchain Technology Laboratory"The University of Edinburgh. February 1, 2019. Archived from the original on June 12, 2020. Retrieved March 31, 2020.
  14. ^ "UW Receives $500,000 Gift in Ada Cryptocurrency from IOHK"The University of Wyoming. February 14, 2020. Archived from the original on June 17, 2020. Retrieved May 5,2020.
  15. ^ Hamilton, Eve (February 14, 2020). "University of Wyoming Receives $500,000 Cryptocurrency Donation"KGAB AM650Archived from the original on June 12, 2020. Retrieved May 5,2020.
  16. ^ "How bad is Bitcoin for the environment really?"Independent. 12 February 2021. Archived from the original on 29 March 2021. Retrieved 15 February 2021requires nearly as much energy as the entire country of Argentina

External links[edit]

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