Cardano creator dispels misconceptions, denies working with Ripple

TL;DR Breakdown

  • Charles Hoskinson, the creator of Cardano, has denied any affiliation with Ripple and clarified that he has no ties to the company.
  • There was confusion surrounding Hoskinson’s alleged connection to Ripple due to mistaken identity and rumours.
  • Vitalik Buterin, the co-founder of Ethereum, had applied for an internship at Ripple in 2013 but could not participate due to visa complications.

Description

Cardano‘s (ADA) creator, Charles Hoskinson, recently took to Twitter to dispel rumors of a partnership with Ripple and clarify his professional background. Hoskinson emphasized that he had no affiliation with Ripple (XRP) and expressed his bewilderment at the endless stories suggesting otherwise. Furthermore, he stressed the need to differentiate himself from Ethereum co-founder Vitalik Buterin, … Read more

Cardano‘s (ADA) creator, Charles Hoskinson, recently took to Twitter to dispel rumors of a partnership with Ripple and clarify his professional background. Hoskinson emphasized that he had no affiliation with Ripple (XRP) and expressed his bewilderment at the endless stories suggesting otherwise.

Furthermore, he stressed the need to differentiate himself from Ethereum co-founder Vitalik Buterin, who had once applied for an internship at Ripple but ultimately did not participate due to visa issues.

The confusion surrounding Hoskinson’s alleged connection to Ripple stemmed from mistaken identity, with some crypto enthusiasts incorrectly assuming that he had worked as a Ripple intern. However, Hoskinson categorically denied ever being associated with the company and expressed his desire to avoid being confused with Buterin, who had indeed sought an internship opportunity at Ripple in 2013.

While Buterin’s attempt to intern at Ripple provides an interesting tidbit, it did not come to fruition due to visa complications. Instead, Buterin went on to collaborate with fellow cryptocurrency enthusiasts and became one of the co-founders of Ethereum, currently the second most valuable cryptocurrency in the market.

Former Ripple executive Matt Hamilton shared the information about Buterin’s internship application as part of a discussion on the first blockchain to implement various features such as tokenized assets, decentralized exchanges, smart contracts, and stablecoins.

Hamilton aimed to dispel claims that Ripple was the pioneer in implementing these functionalities. However, data from cryptocurrency analytics firm Token Paddock contradicts this assertion, indicating that Ethereum was the first blockchain to offer decentralized capabilities.

Charles Hoskinson, the creator of Cardano, has clarified that he has no ties to Ripple and denied any affiliation with the company. He also sought to distinguish himself from Vitalik Buterin, who had previously applied for an internship at Ripple but could not participate due to visa issues. The debate surrounding the first blockchain to introduce tokenized assets, decentralized exchanges, smart contracts, and stablecoins remains ongoing, with conflicting claims from Ripple and Ethereum proponents.

The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

文章来源于互联网:Cardano creator dispels misconceptions, denies working with Ripple

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年6月26日 20:46
Next 2023年6月27日 00:07

Related articles

  • Unpacking SpaceX Bitcoin 2021-2022 sales worth $373M

    TL;DR Breakdown Elon Musk disclosed SpaceX’s Bitcoin holdings in 2021 following an SEC filing revealing Tesla’s intention to acquire $1.5 billion worth of the crypto. Crypto scams with detailed attention to SpaceX and Elon Musk surge flooding the crypto markets – Be weary. Elon Musk takes a keen look at Vitalik Buterin’s detailed tech report on “Community Notes.” Buterin endorsed X’s “Community Notes” feature emphasizing its relevance and relationship to “crypto values.” Description SpaceX reportedly sold Bitcoin worth approximately $373 million that it acquired beginning in 2021. According to a Wall Street Journal report published on August 17, SpaceX recorded Bitcoin holdings worth $373 million on its balance sheet in 2021 and 2022 but has since sold the cryptocurrency.  According to documents viewed by the news organization, the … Read more SpaceX reportedly sold Bitcoin worth approximately $373 million that it acquired beginning in 2021. According to a Wall Street Journal report published on August 17, SpaceX recorded Bitcoin holdings worth $373 million on its balance sheet in 2021 and 2022 but has since sold the cryptocurrency.  According to documents…

    Article 2023年8月18日
  • Kenya urges Africa to dump the US dollar

    TL;DR Breakdown Kenya’s President, William Ruto, urges Africa to move away from using the U.S. dollar in intra-continental trade. Ruto champions the Pan-African Payment and Settlement System, facilitating trade in local currencies. Capital control measures often lead to economic drawbacks, deterring investors. Making a compelling case to free Africa’s economic prospects from the influence of the U.S. dollar, Kenya’s President William Ruto recently pressed the continent to embrace a new financial future. Advocating for a pivot in the African trading system, Ruto emphasized the need for continental economic self-reliance. Kenya takes the lead in advocating for Pan-African economic autonomy Trade practices within Africa have long been subject to the supremacy of the U.S. dollar. Whether it’s Kenyan merchants doing business with Djibouti or other intra-continental transactions, the necessity for the U.S. currency often becomes an unavoidable obstacle. However, Kenya’s leadership envisions a future where the continent’s business is settled in local currencies through the African Export-Import Bank (AfriEximBank). Arguing that the presence of the U.S. dollar in the trade equation between two African countries doesn’t add up, Ruto made a…

    Article 2023年6月18日
  • North Korean hackers are still coming for cryptos – The latest

    TL;DR Breakdown North Korean government-backed hackers targeted US IT firm JumpCloud in June. Using JumpCloud access, hackers targeted under 5 of its clients in the crypto industry. In 2022, North Korea stole about $700 million in cryptocurrencies. Description Cryptocurrency has faced an unrelenting onslaught of security breaches, with the most recent attack tracing back to the North Korean government, demonstrating their continuous cyber threat. The spotlight has turned towards the United States, where an American IT management firm, JumpCloud, found itself in the crosshairs of these cyber assailants. The Siege on JumpCloud: A … Read more Cryptocurrency has faced an unrelenting onslaught of security breaches, with the most recent attack tracing back to the North Korean government, demonstrating their continuous cyber threat. The spotlight has turned towards the United States, where an American IT management firm, JumpCloud, found itself in the crosshairs of these cyber assailants. The Siege on JumpCloud: A Launchpad to Cryptocurrency Companies Located in Louisville, Colorado, JumpCloud became an unwitting accomplice in the North Koreans’ cyber warfare in late June. A government-backed hacking group infiltrated the company’s…

    Article 2023年7月21日
  • U.S. regulator unveils stricter rules for major banks

    TL;DR Breakdown US Federal Reserve introduces stricter capital regulations for banks with assets over $100 billion. New rules aim to enhance financial stability and risk management, following earlier bank failures. The requirements include transparency in reporting asset losses and heightened capital buffers. Description A shake-up is in store for U.S. banking, following the revelation of more rigid capital regulations targeting large lenders. This move, orchestrated by the Federal Reserve, aims to buttress a financial framework made vulnerable by the collapse of several regional banks earlier in the year. Beefing up the financial bulwarks The Federal Reserve’s vice-chair for … Read more A shake-up is in store for U.S. banking, following the revelation of more rigid capital regulations targeting large lenders. This move, orchestrated by the Federal Reserve, aims to buttress a financial framework made vulnerable by the collapse of several regional banks earlier in the year. Beefing up the financial bulwarks The Federal Reserve’s vice-chair for supervision, Michael Barr, has introduced a series of regulatory adjustments applicable to institutions possessing $100 billion or more in assets. These revised stipulations mandate…

    Article 2023年7月12日
  • Apple’s Vision Pro headset woes exposed – Details

    TL;DR Breakdown Apple’s Vision Pro headset production forecasts have been significantly reduced due to high costs and technical challenges of micro OLED displays. These displays are crucial for providing immersive experiences but are difficult to mass-produce, leading to prohibitive costs. Sony, the current producer of these displays, is reluctant to increase production, creating opportunities for rivals Samsung and LG Display. Description The Apple Vision Pro headset finds itself under the industry microscope as a consequence of Apple’s recent drastic reduction in its production forecasts. Originally aiming for a sales target of 1 million units in its first year, Apple has now revised its 2024 expectations to a sobering 400,000 units. The spotlight has turned onto the … Read more The Apple Vision Pro headset finds itself under the industry microscope as a consequence of Apple’s recent drastic reduction in its production forecasts. Originally aiming for a sales target of 1 million units in its first year, Apple has now revised its 2024 expectations to a sobering 400,000 units. The spotlight has turned onto the headset’s premium-priced micro OLED displays, known…

    Article 2023年7月8日
TOP