Charles Hoskinson, the founder of Cardano, has offered to help Elon Musk tackle the growing issue of account hacks and scam bots on X (formerly Twitter).
A Decentralized Solution?
Hoskinson believes that integrating Decentralized Identifiers (DIDs) into X’s platform could solve these problems. DIDs are a way of verifying identities online, and they’re supported by organizations like the World Wide Web Consortium (W3C).
Hoskinson’s Proposal
Hoskinson made his offer directly to Musk on X, stating that DIDs could “solve all of these problems” and that he would do it “for free.”
Controversy and Clarification
Some people, like Timothy Ruff, a venture capitalist, have criticized the proposal, arguing that relying on blockchain technology for identity verification would actually centralize a decentralized aspect of X.
Hoskinson clarified that he’s not specifically proposing Cardano as the solution, but rather a blockchain-agnostic system that complies with W3C standards. He emphasized that this technology would enhance security, improve access control, remove bots, and streamline compliance systems.
Support from the Community
While some have raised concerns, many in the Cardano community have encouraged Musk to accept Hoskinson’s offer.
Musk’s Response?
So far, Musk hasn’t responded to Hoskinson’s proposal.
