Charles Hoskinson Supports Elon Musk, Here’s How

Please fol­low and like us:
Pin Share


article image
Arman Shirinyan

Co-founder of Ethereum and Car­dano pro­vides sup­port to Musk after Twit­ter app controversy

The sto­ry around Elon Musk’s Twit­ter takeover is not over. Recent­ly, the new own­er of one of the biggest social media plat­forms in the world assumed that Twit­ter’s mobile appli­ca­tion may dis­ap­pear from var­i­ous stores. As a coun­ter­mea­sure to it, Musk is ready to devel­op his own phone, and the Car­dano cre­ator sup­ports the entre­pre­neur.

After the takeover, rumors about Twit­ter’s mobile app delist­ing appeared in the space, most­ly because of the rapid­ly chang­ing rules and poli­cies of the plat­form. Despite the rapid changes, the most impor­tant met­rics of the app remain intact, as Twit­ter reports record-break­ing num­bers of dai­ly active users on the website.

Charles Hoskin­son said that “big tech” should not pres­sure com­pa­nies and plat­forms by threat­en­ing to remove their appli­ca­tions from their app stores just because they have “free speech.” Pre­vi­ous­ly, the Car­dano cre­ator was active­ly advo­cat­ing in favor of cre­at­ing a decen­tral­ized ver­sion of Twit­ter.

How­ev­er, since the takeover, Elon Musk has not been very enthu­si­as­tic about imple­ment­ing any kind of decen­tral­ized tech­nol­o­gy to Twit­ter. In his per­son­al chat with ex-FTX CEO, he stat­ed that it would be hard to make the plat­form run on a blockchain from a tech­ni­cal per­spec­tive, which is why imple­men­ta­tion of cryp­to makes no sense.

Though Musk made it clear that Twit­ter will not become blockchain-based, noth­ing holds the entre­pre­neur back from accept­ing cer­tain cryp­tocur­ren­cies as pay­ment for ser­vices on the net­work, like the blue con­fir­ma­tion mark.

The Car­dano cre­ator him­self offered Musk help in mak­ing Twit­ter more blockchain-friend­ly, how­ev­er, the entre­pre­neur showed no inter­est. At the same time, Musk is ready to build his own “Tes­la Phone” to avoid exces­sive lim­i­ta­tions from big tech com­pa­nies and gov­ern­ment regulators.



Source link

Please fol­low and like us:
Pin Share

Leave a Reply

Your email address will not be published. Required fields are marked *