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Proposal of Free Blockchain Solution to Elon Musk by Cardano Founder

Cardano Hoskinson Elon Musk Offer

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 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.

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.

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’s objective to improve as a public infrastructure.

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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.

Although the Cardano community has shown support for Hoskinson’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.

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