Cardano founder renews call for ‘verified tweets’ after social media hack
Cardano founder renews name for ‘verified tweets’ after social media hack Cardano founder renews name for ‘verified tweets’ after social media hack
Hoskinson advocates for biometric authentication and public-key cryptography to enhance social media security.
Web Summit / CC BY 2.0 / Flickr. Remixed by CryptoSlate
Charles Hoskinson, the founder of the Cardano community, has renewed his name to integrate “verified tweets” on social media platform X (formerly Twitter).
This proposal turned into induced after the official X legend of the Cardano Foundation turned into hacked to promote scams and spread flawed records over the weekend.
Cardano Foundation hack
On Dec. 8, malicious attackers accessed the Cardano Foundation’s legend and extinct it to jabber a fictitious ADASOL token they claimed turned into a Cardano-inspired token constructed on Solana for “speed and innovation.”
Whereas this false post turned into removed within an hour, the hackers adopted up with one other flawed relate. They alleged that the Foundation had got a lawsuit from the US Securities and Alternate Commission (SEC), resulting in a supposed discontinuance in all toughen for Cardano’s native token, ADA.
The Cardano Foundation has since deleted the malicious tweets but has no longer issued any official assertion addressing the incident.
Hoskinson’s resolution
Reacting to the breach, Hoskinson urged that the Cardano neighborhood would actively compare the incident. He furthermore hinted that federal authorities will be attracted to the topic.
He acknowledged:
“Now the fun fragment comes for us. As Cardano is a digital nation, a form of our voters are furthermore in regulation enforcement. Let the swarm of investigations start up”
Hoskinson furthermore urged revisiting the verified tweets feature he first and foremost proposed in 2020. He highlighted that this selection would possibly well well very a lot enhance security on the platform.
Hoskinson’s thought revolves spherical leveraging public-key cryptography to enhance identity verification. He emphasised that the methodology would no longer disrupt X’s operational model but would empower customers to substantiate their posts independently.
The notion that comprises requiring biometric authentication sooner than publishing voice material, equivalent to fingerprint or facial recognition.
Hoskinson pitched the notion that to Jack Dorsey, the platform’s former CEO, after a fundamental hacking occasion in 2020. Wait on then, he equipped to produce the machine for a rate. He has proposed enforcing it with out cost if Elon Musk supports the initiative.
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Oluwapelumi Adejumo
Oluwapelumi values Bitcoin's doable. He imparts insights on a differ of matters like DeFi, hacks, mining and custom, underlining transformative vitality.
Latest Cardano Tales
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Cardano is a decentralized public blockchain and cryptocurrency project and is fully start source.
Solana is a excessive-performance blockchain platform that makes use of a various consensus algorithm known as “Proof of Historical past” to envision quick transaction speeds and low charges.
Cardano Foundation
There are three organizations which will be contributing to the enchancment of Cardano.
X
X (formerly Twitter) is an American social media company essentially based fully in San Francisco, California, that turned into founded by Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams in March 2006 and turned into launched July of the same three hundred and sixty five days.
Charles Hoskinson, essentially based fully in Colorado, stands out as a renowned resolve in the blockchain and cryptocurrency sphere.
Jack Patrick Dorsey, born on November 19, 1976, is a testament to the American dream of innovation and entrepreneurship.
South African-born Elon Musk has founded plenty of companies, including X.com (which later became PayPal), SpaceX and Tesla Motors.
Source credit : cryptoslate.com
