Cardano

Ouroboros

Rare

Coin

<ul class="wp-block-list news-points"> 
 <li>Charles Hoskinson calls consensus building Cardano’s “hidden superpower.”</li> 
 <li>Cardano’s Ouroboros proof-of-stake mechanism enhances security and scalability.</li> 
 <li>ADA shows bullish trends, with projections of up to 178% growth by 2024.</li> 
</ul> 
Cardano CEO Charles Hoskinson recently spoke about the network’s strengths, calling consensus building its “hidden superpower.” 
Hoskinson made this <a href="https://www.youtube.com/watch?v=cIl5Sj67uwE" target="_blank" rel="nofollow">statement</a> during a recent fireside chat at the Rare Evo convention held in Las Vegas between August 15 and 17, 2024. Cardano Foundation CTO Giorgio Zinetti and IOG Chief of Staff J.J. Siler were present during the chat. 
“This exercise of consensus building is one of the hidden superpowers and the biggest competitive advantage that Cardano has,” Hoskinson remarked.&nbsp; 
He discussed various topics, including what sets Cardano apart. He explained that while many people find the idea of consensus building abstract, it has given Cardano a competitive edge. 
The conversation touched on Cardano’s unique consensus mechanism, <a href="https://docs.cardano.org/about-cardano/learn/consensus-explained/" target="_blank" rel="nofollow">Ouroboros</a>, which uses a proof-of-stake algorithm. Ouroboros prioritizes security, scalability, and energy efficiency. It selects validators based on the number of tok…
The post <a href="https://coinedition.com/cardanos-hoskinson-consensus-is-our-hidden-superpower/">Cardano’s Hoskinson: Consensus is Our ‘Hidden Superpower’</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Cardano’s Hoskinson: Consensus is Our ‘Hidden Superpower’

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