{"id":15823,"date":"2024-07-17T13:18:09","date_gmt":"2024-07-17T13:18:09","guid":{"rendered":"https:\/\/www.bitrabo.com\/discover\/?p=15823"},"modified":"2024-07-17T13:18:09","modified_gmt":"2024-07-17T13:18:09","slug":"proposal-of-free-blockchain-solution-to-elon-musk-by-cardano-founder","status":"publish","type":"post","link":"https:\/\/www.bitrabo.com\/discover\/proposal-of-free-blockchain-solution-to-elon-musk-by-cardano-founder\/","title":{"rendered":"Proposal of Free Blockchain Solution to Elon Musk by Cardano Founder"},"content":{"rendered":"\n<p>The founder of Cardano, Charles Hoskinson, reached out to Elon Musk to offer assistance in addressing issues related to account hacks and scam bots on X (formerly Twitter) by proposing the integration of Decentralized Identifiers (DIDs) into the platform.<\/p>\n<h2>Insight into the Offer to Musk<\/h2>\n<p>He expressed the need for DIDs integration on X to resolve these problems and offered his services for free. This offer came in light of recent security breaches experienced by notable figures on social media platforms.<\/p>\n<p>The discussion around DIDs and their potential incorporation into X has sparked a debate concerning decentralized identity technologies. While some have raised concerns about potential centralization, Hoskinson clarified that the technology follows broader standards and is not tied to a specific blockchain like Cardano.<\/p>\n<p>He emphasized that integrating DIDs would enhance security, access control, eliminate bots, and facilitate compliance systems, noting that the technology is scalable and aligns with X&#8217;s objective to improve as a public infrastructure.<\/p>\n<p>In response to skepticism about blockchain dependence, Hoskinson clarified that DID frameworks do not necessarily require blockchain and address a separate part of the technology stack. He also acknowledged the practicality of such technologies in issuing verifiable credentials, as evidenced by the Socious Wallet leveraging Hyperledger Identus.<\/p>\n<p>Although the Cardano community has shown support for Hoskinson&#8217;s proposal and encouraged Musk to consider it, there has been no response from the Tesla CEO at the moment. As of now, Cardano (ADA) is trading at $0.446.<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The founder of Cardano, Charles Hoskinson, reached out to Elon Musk to offer assistance in addressing issues related to account hacks and scam bots on X (formerly Twitter) by proposing the integration of Decentralized Identifiers (DIDs) into the platform. Insight into the Offer to Musk He expressed the need for DIDs integration on X to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15824,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"slim_seo":{"title":"Proposal of Free Blockchain Solution to Elon Musk by Cardano Founder - Bitrabo","description":"The founder of Cardano, Charles Hoskinson, reached out to Elon Musk to offer assistance in addressing issues related to account hacks and scam bots on X (former"},"footnotes":""},"categories":[316],"tags":[686,1415,985,4741,1387,892,986,2130,1107],"class_list":["post-15823","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-blockchain","tag-cardano","tag-elon","tag-elon-musk","tag-founder","tag-free","tag-musk","tag-proposes","tag-solution"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/15823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/comments?post=15823"}],"version-history":[{"count":0,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/15823\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media\/15824"}],"wp:attachment":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media?parent=15823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/categories?post=15823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/tags?post=15823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}