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Charles Hoskinson: Blockchains should work together rather than compete

Charles Hoskinson: Blockchains should work together rather than compete


Cryptopolitan
2021-09-14 15:35:06
Charles Hoskinson: Blockchains should work together rather than compete

TL;DR Breakdown Charles Hoskinson says blockchain network should work together rather than compete.ADA Alonzo upgrade adds smart contract to network.Cardano now third largest cryptocurrency. Charles Hoskinson, the Cardano (ADA) network developer, has said that blockchain developers should work together rather than compete with one another. He noted that the future of blockchain is for many of them coexisting and interoperating, rather than just one blockchain beating off all the competition. Charles Hoskinson made this statement days back during an interview with Business Insider as Cardano’s Alonzo upgrade was set to be rolled out. The ADA developer used the WiFi router as an example, noting that end users are only particular about the result and not the specific router they are using. “You’re not asking – ‘is this a Samsung router? Is this an Apple router?’ and my hope is, that’s what’s going to happen in the industry, where Cardano is infrastructure, ethereum is infrastructure, bitcoin is infrastructure,” he said. “Of course, we compete under the hood, and businesses, governments, and people who care about these things will care about them. But at the end of the day, if it’s going to work for everybody, we have to have that ‘WiFi moment’ where it’s consumer-friendly, and it just works on your phone, and you can just set a transaction, you c...

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