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Blockchain

Cardano Founder Charles Hoskinson Offers Elon Musk’s DOGE Agency To Use The Cardano Blockchain

By WebDeskJanuary 26, 20252 Mins Read
Cardano Founder Charles Hoskinson Offers Elon Musk’s DOGE Agency To Use The Cardano Blockchain
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Charles Hoskinson offered to use the Cardano blockchain network for free for the DOGE agency.

Charles Hoskinson is the founder of Cardano blockchain. He is also known for his contribution to the Ethereum blockchain as a co-founder. In 2014, Hoskinson left Ethereum because of a conflict of interest regarding the future of the Ethereum blockchain. After years of hard work, Hoskinson launched Ethereum’s rival blockchain, Cardano ($ADA), with a totally different vision & commercialised the use of blockchain technology.

Yesterday, we reported that the Department of Government Efficiency (DOGE) proposed the idea of using blockchain technology to track government spending.

Cardano founder Charles Hoskinson responded to this proposal and offered to use Cardano blockchain technology to achieve the goals.
Hoskinson also ensured that the Cardano developers would do it for free to assist in using the Cardano network.

This is not the first time Cardano founder Elon Musk has used the Cardano blockchain or Cardano dev tools. Earlier this, three times in the past, he offered to use the Cardano team’s expertise.
Just a few months ago, Hoskinson offered Musk to use Cardano’s blockchain solution to fight against the hacking incidents on the X platform.

DOGE leader’s contact with crypto projects

Yesterday, Bloomberg reported that many crypto projects were contacted by the leaders of the DOGE agency to explore the use of blockchain technology in increasing the US government’s efficiency effort. Reportedly they discussed many points including tracking federal spending, protecting data, payments, and managing buildings through blockchain.

According to Bloomberg, Musk’s U.S. government efficiency department has recently contacted several public blockchain projects to evaluate the feasibility of using blockchain technology. The discussions include tracking federal spending, protecting data, payments, and managing…

— Wu Blockchain (@WuBlockchain) January 25, 2025

$ADA coin price action

The current trade price of $Ada coin, the native token of the Cardano blockchain network, is $0.99 & this price level is 0.85% high over the last 24 hours trading period.

Read also: Coinbase’s Armstrong proposes a new listing approach amid the increasing number of crypto tokens


Credit: Source link

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