In the crypto ecosystem, there are many and varied projects that open the doors to a lot of benefits and possibilities. However, there are some that shine more than others, such as Bitcoin or Ethereum.
Faced with all this, you may ask: What is the factor that determines its success?
The truth is that there is no specific factor. But, it is true that there are 3 factors that give great momentum.
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- The Internet community.
- The big personalities and companies that support cryptos.
- The very good proposals devised by great minds such as, for example, Vitalik Buterin or Satoshi Nakamoto.
Of all of them, the last point is one of the most watched by large investors because of the benefits it has to offer.
So today we will talk about one of the minds behind not just one, not just two projects, but several, including ETH and Cardano: Charles Hoskinson.
Let’s take a quick look at who is the math-loving man behind some of the most important blockchains in the ecosystem!
Who is Charles Hoskinson?
Charles Hoskinson can be described as a mathematician and entrepreneur in the crypto universe. Additionally, Hoskinson is the co-founder of Ethereum, founder of Cardano (ADA) and CEO of IOHK (Input Output Hong Kong).
He studied analytic number theory at Metropolitan State University of Denver and the University of Colorado Boulder before diving into cryptography.
Additionally, he has held various positions in the public and private sector. He was director of the Bitcoin Foundation Education Project and created the Cryptocurrency Research Group in 2013.
An addition, also in 2013, Hoskinson served as CEO of Ethereum Network until 2014.
Currently, his projects focus on educating people about cryptocurrencies, blockchain technology and decentralization. It also seeks to make cryptographic tools easy to use for millions of users.
As such, he leads the research, design and development of Cardano, a third-generation open source blockchain crypto project launched in 2017.
At present, he has a net worth of around $500-600 million and is rated as one of the richest people in the crypto ecosystem.
Which projects are worthwhile in your opinion?
Hoskinson is interested in projects that share his philosophies and focus on various aspects such as scalability, interoperability and privacy.
Among them, we can find nine projects:
Ergo
It was founded by Hoskinson’s favorite technologist, Alex Chepurnoy, who also developed Cardano.
The Ergo platform is intended to develop and provide a system for financial contracts on blockchain.
Zcash
It is a completely private, anonymous and decentralized cryptocurrency that arose from a Bitcoin fork.
Hoskinson has a lot of respect for Zcash and its work with zero knowledge proofs.
StarkWare
Hoskinson likes that StarkWare’s development will also help Cardano improve its scalability.
Lightning Labs
Its mission is to offer users a way to send and receive money efficiently. Hoskinson noted that he approves of the specification-based development approach of Elizabeth Stark, CEO and founder of this project.
Tezos
It is a blockchain with Proof of Stake consensus algorithm, created to provide security and code corrections required for assets.
Hoskinson appreciates Tezos, despite the toxicity of his community towards Cardano.
Algorand
It is a Proof of Stake blockchain founded by computer science Turing award winner Silvio Micali.
It supports smart contracts and its protocol is Pure PoS (PPos) and ensures that the influence of each user is proportional to their participation.
Hoskinson describes it as “another one of the currencies of science”, so he believes that, within this community, they should support each other.
Dash
It is another project on Hoskinson’s list that focuses on privacy. Hoskinson appreciates the Dash community and its functionality.
Avalanche
It was founded by a renowned scholar: IC3 professor and co-director Cornell Emin Gün Sirer.
Hoskinson is optimistic about Avalanche because of its goal of promoting scalability and operability.
Basic Attention Token
Hoskinson believes that BAT has the potential to change the way online advertising is currently being controlled.
How cool that you made it this far!
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