Charles Hoskinson asked Elon Musk to allow the IOHK developer team to integrate DIDs in X’s software to prohibit hacking incidents.
X (formerly Twitter) has emerged as the primary social media platform for the crypto community, serving as a hub for news, discussions, and market insights. Under Elon Musk’s leadership, known for his pro-crypto stance, X continues to foster a vibrant and engaged crypto ecosystem.
On 16 July 2024, Charles Hoskinson, the founder of the Cardano blockchain & co-founder of the Ethereum blockchain, in a recent post on X, proposed integrating decentralized Identifiers (DIDs) into the platform to address security issues.
Hoskinson offered to implement this solution for free. This suggestion came in response to recent security breaches, notably highlighted by Ben Goertzel, CEO of SingularityNet, whose account was hacked and used to distribute scam links. Goertzel subsequently apologized to his followers for the incident.
In response to concerns about the decentralized nature of Decentralized Identifiers (DIDs), Charles Hoskinson clarified that he refers to the W3C standard for DIDs, supported by a blockchain-agnostic Hyperledger project.
Cardano’s founder emphasized that this solution is not about embedding one platform into another but about enhancing X’s identity framework to improve security, access control, and compliance.
Hoskinson also highlighted the compatibility of DIDs with X’s software and stressed the importance of better identity solutions for the platform’s role as essential public infrastructure.
Before Elon Musk offered to buy X (formerly Twitter), Charles Hoskinson had offered to create a decentralized social media platform using blockchain technology.
ADA price action
The current trade price of ADA coin, the native token of the Cardano blockchain, is $0.452 & the price is 12% higher over the last 30 days period.
Read also: Nigerian Police Arrest Crypto Celebrity BLord for Alleged Fraud
Credit: Source link
