Renowned blockchain developer and creator of Cardano (ADA), Charles Hoskinson, shared his views on the recent regulatory actions against the cryptocurrency industry. Specifically, the occasion for Hoskinson’s remarks was the introduction of an Illinois Senate bill called the “Digital Property Protection and Law Enforcement Act,” which has already been dubbed as “the most unworkable state law.” It is worth recalling that Cardano (ADA) is a blockchain based on a Proof-of-Stake consensus mechanism and ADA is its native cryptocurrency. Ouroboros is Cardano’s PoS algorithm: consuming much less power than Proof-of-Work, it ensures decentralization and scalability in a sustainable way. Anti-crypto conspiracy?Go to Source
Author: NixCoin