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07/08/2022

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Cardano (ADA) Founder Calls Rival Cryptocurrency Project Algorand “Excellent” 

The post Cardano (ADA) Founder Calls Rival Cryptocurrency Project Algorand “Excellent”  appeared on BitcoinEthereumNews.com. – Advertisement – Charles Hoskinson, the founder of Cardano (ADA), has taken to Twitter to heap praise on rival cryptocurrency project Algorand.  According to Hoskinson,...

Cardano (ADA) Founder Calls Rival Cryptocurrency Project Algorand “Excellent” 

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Charles Hoskinson, the founder of Cardano (ADA), has taken to Twitter to heap praise on rival cryptocurrency project Algorand. 

According to Hoskinson, Algorand is an excellent project with lots of exceptional people. 

Hoskinson’s comment comes following an announcement made by John Woods, former Director of Cardano Architecture at Input Output Global (IOG), that he would be joining the Algorand Foundation as Chief Technical Officer (CTO). 

“I’m thrilled to be taking the next step in my career and joining Algorand Foundation as CTO. I’ve had a wonderful time contributing to building Cardano at IOHK. We are all building the future of finance,” Woods said in a statement on Twitter. 

Hoskinson Praises Woods for His Contributions at Cardano

Commenting on the development, Hoskinson said he had fun working with Woods as IOG CTO while Duncan Coutts was on paternity leave

He added that he is excited to see Woods onboarded as Algorand’s CTO and that the development may result in future collaborations between the IOG and Algorand Foundation. 

“Working with John while he was standing in for Duncan during his paternity leave was fun. I’m delighted to see John step up as a CTO, and it opens up many great opportunities for future collaboration and research. Algorand is an excellent project with exceptional people,” Hoskinson said. 

Working with John while he was standing in for Duncan during his paternity leave was fun. I’m delighted to see John step up as a CTO, and it opens up many great opportunities for future collaboration and research. Algorand is an excellent project with exceptional people. https://t.co/nzIGqzSAVz

— Charles Hoskinson (@IOHK_Charles) July 7, 2022

Woods’ Role at Algorand

It is noteworthy that before Woods was appointed CTO of Algorand Foundation, he was the director of Cardano Architecture at IOG, the firm responsible for Cardano’s research and development. 

Woods’ appointment as Algorand’s CTO will see him be in charge of technical partnerships, infrastructure development, education, developer tooling, and engagement. 

“[Woods] will focus in particular on removing friction from the developer UX, clarifying and improving the developer education journey, and adding tools and resources for building applications on Algorand,” Algorand said in a statement yesterday. 

Per the announcement, Woods will report to Algorand CEO, Staci Warden, who joined the company in January. 

“With John in this critical leadership position, we are confident we can deliver for our community. His technical expertise and track record of building great teams is widely recognized in the crypto ecosystem, and we are thrilled to have him on board,” Warden said. 

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Source: https://thecryptobasic.com/2022/07/08/cardano-ada-founder-calls-rival-cryptocurrency-project-algorand-excellent/?utm_source=rss&utm_medium=rss&utm_campaign=cardano-ada-founder-calls-rival-cryptocurrency-project-algorand-excellent

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