Charles Hoskinson, a founder of the Cardano blockchain platform and co-founder of the Ethereum blockchain platform, argues blockchain removes a central party and allows for people to work in a decentralized way.
Charles Hoskinson, a founder of the Cardano blockchain platform and a co-founder of the Ethereum blockchain platform, provided insight into the technology and where it’s headed, noting that it removes a central party and allows for people to work in a decentralized way.
Blockchain is a list of records, also known as blocks, which are connected by asymmetric cryptography. The technology is a shared registry that facilitates the process of recording transactions and tracking assets in a business network.
The CEO and founder of Input Output Global, a technology company pre-eminent in engineering and research in fintech blockchain structures – which is best known for the Cardano blockchain platform – joined “Mornings with Maria” on Tuesday, speaking with host Maria Bartiromo from the site of the Milken Institute’s 25th annual Global Conference in Los Angeles.
Charles Hoskinson, a founder of the Cardano blockchain platform and a co-founder of the Ethereum blockchain platform, provides insight into the technology and where it’s headed. (iStock / iStock)
Hoskinson told Bartiromo that he has been in the space since 2011 and that, “back in those days, nobody cared about cryptocurrency.”
“We were a very small club, we all kind of knew each other,” he continued, noting that “we’ve seen tremendous growth” since.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| BITQ | EXCHANGE TRADED CONCEPTS TRUST BITWISE CRYPTO INNOVATORS E | 12.05 | -0.09 | -0.73% |
| COIN | COINBASE GLOBAL INC. | 124.00 | +2.66 | +2.19% |
Hoskinson spoke with Bartiromo on Tuesday as bitcoin traded around $38,000, down from its all-time high of over $68,000 reached in November 2021. Ethereum was trading around $2,800 on Tuesday, 23% lower than its all-time high of $4,865.57. Cardano was trading around 1%…
