Charles Hoskinson Teases Bitcoin, Doge and Cardano Cross-Chain for “Decentralized Twitter”

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Arman Shirinyan

Potential decentralized various for Twitter might embrace the most important cryptocurrencies on the market

Lately, Charles Hoskinson teased the cryptocurrency neighborhood after telling Elon Musk that he’s able to create a decentralized model of Twitter if he can’t purchase out one of many largest social media platforms on this planet.

After the providing, Hoskinson confronted a wall of criticism, together with questions concerning the community’s selection for a potential decentralized various to the platform. Since Hoskinson works with Cardano blockchain, customers instructed it will not be truthful if the “free model” of Twitter would work on one blockchain solely.

However Hoskinson rushed to settle down the neighborhood with the idea on which the decentralized model of the social community would work. In response to one other Tweet, Hoskinson could be completely happy to construct a cross-chain between Dogecoin, Bitcoin and Cardano for the platform.

Satirically, Hoskinson did not point out the Ethereum community in his blockchain trifecta since it’s thought-about the most important competitor of Cardano in the identical class as Solana.

Will Musk settle for the provide?

Since Cardano has barely carried out good contracts know-how and has launched some options on the community, it’s virtually inconceivable that somebody would efficiently construct such an advanced construction like a social media platform primarily based purely on Cardano. It is usually not clear how cryptocurrencies match platforms like Twitter aside from tipping and transferring funds, which isn’t a main purpose of such platforms.

Even when the richest particular person on Earth builds a decentralized various to Twitter, he’ll almost definitely select extra refined networks like Ethereum, which has confirmed its validity as a community with advanced options constructed on high of it.

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