Cardano founder meets blockchain fans in Dubai and talk about WEB 3.0, Check Cardano Coin Price- Live

Cardano founder meets blockchain fans in Dubai and talk about WEB 3Cardano founder Charles Hoskinson delivered a keynote speech on the first day of this year’s Binance Blockchain Week, which was held at the Dubai World Trade Center in the United Arab Emirates.

Cardano founder meets blockchain fans in Dubai

Cardano founder meets blockchain fans in Dubai and Addressing a blockchain audience, Hoskinson used his keynote address to discuss topics such as bitcoin (BTC) and Web 3 and his philosophy, and also brought up a range of topics such as what happens next in bitcoin society, makes progress, gives convenience, beyond centralization, where Cardano founder Hoskinson said:

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“As blockchain becomes more advanced and more powerful, we are going to have to start making some difficult and uncomfortable philosophical decisions.”


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Blockchain creates justice and equality

The CEO asked a series of questions from an audience of blockchain enthusiasts around the world. What is Web3 all about and what are the lines between decentralization and regulation. Also, at what point do you cross the threshold at which it is no longer decentralized? Then he continued:

“When you surpass the comfort of bitcoin, you start to entertain a lot of other ideas.”

He added that ever since regulators started looking at blockchain, questions about ideas that weren’t under the radar have started to pop up publicly such as “at what point can we reverse transactions?” and “If we can, at what point can we collect your money?

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Hoskinson, on the other hand, emphasized the importance of focusing not only on profit but also on blockchain technology. He emphasized that blockchain provides fairness and equality for all, giving smaller entities the opportunity to compete.

“If you’re just here to make money, you lose all the things that make technology special.”

While the Cardano (ADA) founder did not directly refer to decentralized autonomous organizations, he did emphasize the need to involve people in decision-making in Blockchain projects. He added that a future in which DAOs can be the basis of Web3.

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FAQ

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