Logo
Cardano Ecosystem

Timestabloid

10/31/2022

·

568 views


Charles Hoskinson Thinks Dogecoin Should Be a Cardano Sidechain

Charles Hoskinson, the CEO of Input Output Global (IOG), has recently said that the largest meme token in the market, Dogecoin (DOGE), should be a sidechain for the Cardano network. Hoskinson made this comment in a tweet after the...

Charles Hoskinson Thinks Dogecoin Should Be a Cardano Sidechain

Charles Hoskinson, the CEO of Input Output Global (IOG), has recently said that the largest meme token in the market, Dogecoin (DOGE), should be a sidechain for the Cardano network.

Hoskinson made this comment in a tweet after the tech billionaire and crypto supporter Elon Musk’s takeover of Twitter ignited a meteoric price surge for Dogecoin (DOGE). He said now that Twitter is in the hand of Musk, there is a possibility for collaboration between Cardano and Dogecoin.

Charles Hoskinson tweeted, “Now that Twitter is in the hands of Elon Musk I can see a real possibility that doge will somehow merge with the platform.”

Now that Twitter is in the hands of @elonmusk I can see a real possibility that doge will somehow merge with the platform.

— Charles Hoskinson (@IOHK_Charles) October 28, 2022

According to Hoskinson, Dogecoin should be a Cardano sidechain and he could do the migration for free

“Should be a cardano sidechain. I’d do the migration for free. Hell I’d even add smart contracts.”

Should be a cardano sidechain. I'd do the migration for free. Hell I'd even add smart contracts

— Charles Hoskinson (@IOHK_Charles) October 28, 2022

Cardano creator also teased that Twitter should be a Cardano-based protocol.

“Twitter as a protocol as a cardano sidechain is definitely the way to go.”

Twitter as a protocol as a cardano sidechain is definitely the way to go

— Charles Hoskinson (@IOHK_Charles) October 28, 2022

It can be recalled that the long-awaited takeover of Twitter was completed by Elon Musk on Friday. According to the tech billionaire, he made this whooping acquisition because he believes that civilization and free speech need a space to thrive.

In his speech on Friday, he said, “The reason I acquired Twitter is because it is important to the future of civilization to have a common digital town square, where a wide range of beliefs can be debated in a healthy manner, without resorting to violence.

“There is currently great danger that social media will splinter into far right wing and far left wing echo chambers that generate more hate and divide our society.

Since the Twitter takeover was announced, Dogecoin (DOGE), Elon Musk’s favorite crypto asset, has been experiencing a massive surge in price. It outperformed other top crypto assets over the past week. According to CoinMarketCap, DOGE is currently the 8th largest cryptocurrency and trading at $0.1176.


Follow us on Twitter, Facebook, Telegram, and Google News

AD

Delegate Your Voting Power to FEED DRep in Cardano Governance.

DRep ID: drep12ukt4ctzmtf6l5rj76cddgf3dvuy0lfz7uky08jfvgr9ugaapz4 | We are driven to register as a DRep by our deep dedication to the Cardano ecosystem and our aspiration to take an active role in its development, ensuring that its progress stays true to the principles of decentralization, security, and community empowerment.DELEGATE VOTING POWER!


Read Original Article on Timestabloid

ORIGINAL SOURCE

https://timestabloid.com/charles-hoskins...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


An image that says Learn Blockchain technology and get ahead in the industry with a link to the Cardano Academy.

More from Timestabloid

See more
ChatGPT Predicts Cardano (ADA) Price for May 31, 2025
Timestabloid
ChatGPT Predicts Cardano (ADA) Price for May 31, 2025

last Saturday at 7:07 PM

·

23 views

Related News

See more

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)