On Tuesday, July 16, Charles Hoskinson, founding father of the blockchain platform Cardano, publicly acknowledged supply Aiding Elon Musk with the escalating account hacking downside and the proliferation of rip-off bots on X (previously referred to as Twitter). Hoskinson’s proposal entails integrating decentralized identification codes (DIDs) into X’s framework, an idea endorsed by requirements our bodies such because the World Large Internet Consortium (W3C).
What Cardano founder affords Musk
Hoskinson reached out to us instantly through an X publish, saying, “Elon, we have to combine DID into This comes towards the backdrop of latest safety breaches highlighted by Ben Goertzel, who apologized to his followers after his account was hacked and used to distribute data Scam link.
Discussions about DID and its potential functions inside the X platform have fueled a broader debate concerning the nature and implementation of decentralized identification know-how. Timothy Ruff, basic associate at Digital Belief Ventures, criticized the proposal as doubtlessly concentrating points of X that ought to stay decentralized. Ruff believes, “If you happen to use ‘DID’ as an abbreviation for decentralized identification (which it’s not) and it’s on a blockchain, then it’s not decentralized and shouldn’t be built-in into X. “
In response, Hoskinson clarified his place, emphasizing the know-how’s alignment with broader requirements and its blockchain-agnostic nature. Hoskinson clarified that he was not particularly proposing Cardano as an answer: “I used to be referring to the w3c normal, we now have a typical that has nothing to do with blockchain. Hyperledger Project Publish and handle dids, anoncreds, and different components of the identification stack. X should have an enhanced identification answer as a result of it desires to turn into an MSB.
He additional believes that integrating the know-how into I am going to do it without cost. I am not right here to promote blockchain. I need X to be higher as a result of it is necessary public infrastructure.
Ruff responded by acknowledging Hoskinson’s credentials however reiterating his considerations about blockchain know-how’s reliance on the know-how: “My workforce helped launch the W3C specification, invented DID, and really wrote Anoncreds, Hyperledger Indy, Aries, and Ursa. So. I get it. I am glad you are not shilling for a particular blockchain, however by ‘blockchain agnostic’ do you imply it is nonetheless depending on sure blockchains?
Hoskinson replied: “Tim, I keep in mind having in depth conversations with Manu and Chris over time about did requirements, and I’ve been a member of DIF and W3C. No, as you already know, the framework doesn’t require a blockchain. It’s The totally different components of the stack shouldn’t have an effect on the design.
To assist the sensible utility of such applied sciences, Seira Yun, founder and CEO of Socious and Cardano Ambassador, highlighted using these applied sciences for issuing verifiable credentials by means of the Socious Pockets, which leverages Hyperledger Identus and is compliant with W3C requirements: “Socious Pockets Leveraging Hyperledger Identus (previously atala prism), suitable with W3C requirements. Corporations and academic establishments use Socious to difficulty KYC Verifiable Certificates (VC) in addition to work and training certificates.
Whereas the overwhelming majority of the Cardano neighborhood has inspired Musk to succeed in out to Hoskinson, the Tesla billionaire has but to reply to the supply.
At press time, Cardano (ADA) was buying and selling at $0.446.
Featured picture from YouTube, chart from TradingView.com
