Cardano founder Charles Hoskinson allowed BTC to grow to $500,000 in two years

1 неделя назад 0

Cardano founder Charles Hoskinson allowed Bitcoin to rise to $500,000 in two years due to an influx of investment and growing interest in the asset.

According to him, demand for the first cryptocurrency will be catalyzed by DeFi and governments. He also recalled that with the Taproot update, a layer of decentralized finance was opened for the digital gold blockchain.

“The reality is that when these floodgates open, I think DeFi in the Bitcoin ecosystem will eclipse it in the rest of the industry within 24-36 months. And this is due to scale and liquidity,” says Hoskinson.

Charles Hoskinson

Charles Hoskinson (born November 5, 1987, Hawaii) is a renowned mathematician and entrepreneur who has made significant contributions to the development of blockchain technologies. Here are the main stages of his career:

Education:
- He attended the Metropolitan State University of Denver and the University of Colorado Boulder, where he studied analytic number theory.
Career:
- Ethereum:
  - In 2013, he joined the founding team of Ethereum along with Vitalik Buterin.
  - In 2014, he left the project due to disagreements with Buterin regarding the commercial direction of Ethereum.
- IOHK & Cardano:
  - After leaving Ethereum, Hoskinson, together with Jeremy Wood, founded the company IOHK (Input Output Hong Kong), which develops cryptocurrencies and blockchains.
  - IOHK's key project is Cardano, a public blockchain and smart contract platform that hosts the ADA cryptocurrency.
- Participation in university life:
  - In 2017, he sponsored research laboratories on blockchain technologies at the University of Edinburgh and the Tokyo Institute of Technology.
  - In 2020, he opened a blockchain research project at the University of Wyoming.
Views on Bitcoin:
- Believes that Bitcoin's energy consumption growth is inevitable and energy inefficiency is in its DNA.