December 1, 2020

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Cardano will become the most decentralized cryptocurrency in the world – Hoskinson said

2 min read
Cardano will become the most decentralized cryptocurrency in the world - Hoskinson said

 Charles Hoskinskon, founder of the IOHK company behind the Cardano project, spoke about the Cardano cryptocurrency at the International Economic Forum held in Zug, Switzerland. In his words, it will become the most decentralized cryptocurrency in the world.

 

Echoes from the Swiss Summit

 

US businessman and cryptocurrency expert Charles Hoskinson interviewed Cointelegraph news portal. The interview was held at a one-day CV Summit in parallel with the 50th World Economic Forum (WEF) in Davos. The summit was held in the Swiss city of Zug, which is better known as the Crypto Valley.

In an interview with Kristina Cornèr, Hoskinson said that after all the upgrades had been implemented, Cardano would be the most decentralized cryptocurrency in the world, 50 to 100 times more decentralized than the father of all cryptocurrencies, Bitcoin.

 

You can see the whole interview here:

 

He believes that the hardfork named Ouroboros Byzantine Fault Tolerant Consensus Protocol will run smoothly and very easily. The protocol will go through a series of network upgrades after hardfork, ultimately making Cardano the most centralized cryptocurrency in the world.

 

The decade will belong to Cardano

 

Charles Hoskinson has said in the past that 2020 and the coming years will be the most important for Cardano. With three years of effort and new technologies, he believes the success of this cryptocurrency is just around the corner. In addition to Cardano, the AMA YouTube channel also talked about Bitcoin.

According to him, Bitcoin has brought so many fundamental changes and many other changes will. BTC was very important for the emergence of Cardano, because he had born a whole new industry that changes the world. Hoskinson commented on the emergence of cryptocurrency projects.

 

“BITCOIN IS THE ENTRANCE GATE TO OUR INDUSTRY. WE HAVE TO REMEMBER WHERE WE CAME – WE ARE FROM BITCOIN. ”

 

Summary

 

Charles Hoskinson strongly believes in the Cardano project. We will see how the development and implementation of upgrades will succeed and will overcome other cryptocurrencies in decentralization. At the time of writing, the price for ADA is around $ 0.057

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