![]() ![]() In the third generation, Hoskinson identified Algorand, NEAR, Tezos, and Cardano as competing protocols. ![]() According to him, the first generation introduced decentralization and saw BTC merging out victorious.Īccording to him, Ethereum ($ETH) brought smart contracts as the second wave, but a third wave is currently bringing scalability, interoperability, and governance to the field. We are “right in the middle of the third generation of cryptocurrencies,” according to Hoskinson, who said during the event that there is “a lot of fun stuff on the horizon” in terms of cryptocurrencies. Hoskinson added that it would “be a lot of fun” to create a $DOGE sidechain on Cardano or to develop a bridge between the two projects in order to assist the meme-inspired cryptocurrency scale, but that it currently lacks the capacity to be deployed to 200 million people. Hoskinson also said that the CEO of Tesla and Space X would deploy his preferred cryptocurrency Dogecoin on the platform. ![]() Hoskinson claims that in the long run, Cardano will develop into “a network of blockchains.”Įlon Musk’s takeover of Twitter, according to Web Summit speaker Hoskinson, might attract 200 million more people to the cryptocurrency market. Dogecoin ($DOGE) and Bitcoin ($BNB) may be included in Elon Musk’s plans for Twitter, according to Charles Hoskinson, co-founder and CEO of IO Global (IOG), the company in charge of Cardano’s R&D. ![]()
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