Cardano (ADA) creator Charles Hoskinson says that tech mogul Elon Musk has the ability to onboard 200 million more people to crypto with his recent purchase of social media giant Twitter.
Speaking at the Web Summit 2022 conference, Hoskinson says that Cardano and three other Ethereum (ETH) competitors are battling it out to be the most scalable and interoperable protocol.
“There’s a lot of cool stuff on the horizon. We’re right in the middle of the third generation of cryptocurrencies. The first generation was decentralization. That’s what Bitcoin brought us, and it’s the winner. The second was smart contracts, so programmability and that’s what Ethereum brought us, and the third generation is scalability, interoperability and governance, and there are tons of protocols that are in this space.
You have Algorand (ALGO), NEAR, Tezos (XTZ) and Cardano and so forth, and we’re all kind of battling it out. And eventually, some winners will occur, but on the horizon, we looked
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