Despite a recent market downturn, cryptocurrency interest and blockchain integration continue to rise across industries worldwide. On June 20, 2018, Cardano founder, Charles Hoskinson took to Twitter to share optimism for the future of cryptocurrency in the midst of media doubt. Hoskinson has repeated his 92,000 Twitter followers saying that blockchain technology future is bright.
With emerging regulation and recognized investor interest on the rise, Hoskinson carried an impending bull run in the cryptocurrency market going as far as to say that the complete industry estimation will ultimately reach the multi-trillions.
Even if there are current speculations of market way, the estimation of Hoskinson’s seems to get in its place with the proof increase in adoption by major financial firms, such as Goldman Sachs and Intercontinental Exchange revealing plans to open cryptocurrency and Bitcoin futures trading desks.
Hoskinson, Crypto Veteran
Charles Hoskinson who is the founder of Etherum had joined the cryptocurrency sector before Bitcoin worth promotion and ICO fervor John Drew major media and capitalist attention.
According to him, the developers are the most important part of the equation of the blockchain technology.
Hoskinson quit his consulting job in 2013 to open a web college referred to as the Bitcoin Education Project, wherever he met Ethereum founder, Vitalik Buterin and started their journey towards developing the world’s second largest cryptocurrency by market cap.
He even started his new project in the year 2014, entitled Input Output Hong Kong (IOHK) to provide blockchain integration services for SMEs, governments, and as well as to the educational institutes.
According to the news published in Coin Journal, with more than 1300 cryptocurrencies, it’s tremendously problematic to predict which ones will end up on top. However, Cardano (ADA) has become the 8th major cryptocurrency in the market and presently it has a market cap of $3.6 billion.[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]