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Who is Charles Hoskinson?

Who is Charles Hoskinson?

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by dapp_writer005

3 years ago


Charles Hoskinson - an American entrepreneur who co-founded the blockchain company Input Output Global, Inc. (formerly IOHK) and the Cardano blockchain platform. He was also the co-founder of the Ethereum blockchain platform.

Contents:

Biography of Charles Hoskinson

Charles Hoskinson - a mathematician and technology entrepreneur from Colorado. He is best known as the co-founder of Ethereum and the founder of Cardano. Both of these networks are among the most popular cryptocurrencies in the world. He is also the CEO and founder of IOHK (Input Output Hong Kong), the company behind the Cardano blockchain. Hoskinson started his blockchain career at Bitshares and Ethereum, but after some controversy over the vision, he left Ethereum. His current pursuit of fame is Cardano and its parent company IOHK. Cardano is a blockchain that directly competes with Ethereum. What makes Cardano unique - its scientific foundations. Hoskinson often interacts with the crypto community through YouTube.

Charles' career

Hoskinson attended Denver Metropolitan State University and the University of Colorado at Boulder “to study analytic number theory before moving on to cryptography through industry exposure”.

Crypto reporter Laura Shin reported that he left the university before completing his Ph.D. Hoskinson denied this claim. He started out as a consultant but quit his job in 2013 to focus on cryptocurrency and its potential.

Prior to Cardano, his professional experience included two blockchain-related startups, including innovations from Invictus (the company behind Bitshares) and Ethereum. Bitshares was developed by him in 2013, which was an early decentralized exchange platform. In the same year, he founded an online school, called "Bitcoin Education Project", where he met Vitalik Buterin, and together with several co-founders, they founded Ethereum. Although Hoskinson was originally the CEO of Ethereum, he did not stay long with the company and left the project in June 2014 after a dispute over whether the project should be commercial (according to Hoskinson) or non-commercial (according to Buterin). After that, he was approached by Jeremy Wood, a former Ethereum colleague. Along with Jeremy, Hoskinson launched his own blockchain project, called Input Output (IOHK), a third-party development company that creates blockchains for academic institutions. Currently, he is the CEO of IOHK and his mission - to provide financial services to more than 3 billion people around the world who lack a transparent and fair financial and governance system. IOHK's most notable project is Cardano, a blockchain and smart contract platform that uses its own cryptocurrency, called ADA.

Cardano project

IOHK - a company that creates cryptocurrencies and blockchains for corporations, academic institutions or government agencies. It has a diverse, geographically dispersed team of engineers, scientists, business professionals and open source employees. The main responsibilities of the foundation - to oversee the development of Cardano and its ecosystem. Under Hoskinson, IOHK started working on the Cardano blockchain, which is his key project and has an ADA coin. Cardano held an ICO (Initial Coin Offering) in 2017 and raised $63 million for its ADA token. In September 2017, IOHK launched the Cardano blockchain and ADA quickly began to rise in value. By January 2018, it had reached a market capitalization of $32 million, making it the fifth largest coin. This achievement cemented Cardano's position as one of Ethereum's significant competitors in the market. Although Cardano is very similar to Ethereum in that it is intended as a network for smart contracts and dapps, Hoskinson's vision for Cardano was slightly different. He wanted it to be built on a solid scientific and mathematical foundation. Cardano itself is named after the famous 16th-century Italian mathematician Gerolamo Cardano. Likewise, parts of its ecosystem are also named after famous historical figures such as Lord Byron, Ada Lovelace, Matsuo Basho, Voltaire, and many more. For security purposes, IOHK has chosen Haskell as the programming language for Cardano. Haskell is a very secure programming language because it provides certain secure coding techniques and is widely used in industries such as finance and defense contracts. In 2017, IOHK sponsored several blockchain technology labs around the world, including the University of Edinburgh, Tokyo Institute of Technology, and the University of Wyoming. This led to the Ouroborous blockchain consensus protocol. To help Cardano to scale and achieve optimal performance, IOHK developed Ouroborous. This protocol combines the power of proof-of-stake consensus with the security of bitcoin mining.

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