![]() The plan behind Cardano was to do better than the “first generation blockchain” (Bitcoin), and also do better than the “second generation blockchain” (Ethereum).Ĭharles’ aim was to build what he called the “3rd generation smart-contract platform and cryptocurrency”. The initial mission of Cardano was to serve billions around the world who don’t have stable financial systems or governments, and help them create new and equitable ones. This is a public blockchain that runs Ethereum classic, and supports it’s own, native cryptocurrency: ADA. Charles decided to go in on the project – and it was a huge success.Ĭharles still acts as CEO of IOHK, and is known widely for one of its biggest projects: the Cardano Blockchain. ![]() The idea for IOHK was basically a company that would build cryptocurrencies and blockchains for institutions and establishments like schools, companies and governments. IOHK stands for “Input Output Hong Kong”. ![]() Jeremy came with a project idea for something called IOHK – and he wanted Charles’ help. Then, he was approached by a former coworker from Ethereum, Jeremy Wood. It was debated whether or not he was fired, or left voluntarily – but he’s especially hated by Ethereum-lovers now that he’s launched a competing blockchain of his own.Īfter leaving Ethereum, Charles was contemplating going back to work in mathematics. ![]() It was a deal-breaking disagreement: Vitalik wanted Ethereum to remain a non-profit company, while Charles wanted it to become a for-profit company.īecause of this fatal difference in opinion, Charles left Ethereum. He ended up getting invited by Vitalik Buterin to join a meeting.Ĭharles went on to help design Ethereum’s initial ICO (the crypto version of a company going public on the stock market) and he became one of the 8 co-founders of Ethereum.Ĭharles later became the CEO of Ethereum, but it didn’t last long when he and Buterin butted heads over the direction of the company. He was so interested in the idea of the Ethereum blockchain, that he reached out to Vitalik to ask him questions. It was at this point that Charles was introduced to another life-changing whitepaper developed by Vitalik Buterin, the founder of Ethereum. Meanwhile, Charles was convinced he knew exactly what he was doing (even though he had no revenue coming in at the time).įirst, Charles created a crypto platform called BitShares, and then created an online school called the Bitcoin Education Project. But as most families with a background in medicine would – Charles’ family thought he was crazy. He knew that the space had the potential to be something big, which is why he gave up his consulting career. This was the same year that Charles joined the campaign for Ron Paul’s presidency, who had been claiming that the current financial systems using fiat currency wasn’t effective or sustainable.Ĭharles was fascinated by this concept, and when discovering Satoshi’s whitepaper that highlighted the issues he saw with the financial systems when the Great Recession hit back in 2017, he was immediately hooked.Īfter all, this was a natural extension of the beliefs Ron Paul had been sharing, and the ones Charles had been backing wholeheartedly.Īnd it wasn’t long after this that Charles decided to dive full-force into the crypto world with his own business. It was 2008 when Charles first discovered Satoshi Nakamoto (the anonymous founder of the Bitcoin blockchain). In 2013, he happened to discover the growing world of Bitcoin and cryptocurrency. But it didn’t take long before Charles decided to switch gears, and become an entrepreneur instead.Ĭharles studied math and number theory at Metropolitan State University of Denver before attempting his masters at University of Colorado Boulder, but later ditched his PhD in the field to pursue a job in consulting.Ĭlearly, Charles isn’t one to stay in one place for too long. Naturally, his initial instinct was to become a surgeon and follow his parents and siblings footsteps into the medical field. Being born into a family of doctors, the future founder grew up in a relatively rich household, and was homeschool all the up until he reached high school.Ĭharles excelled so quickly in school that he went off to college at the young age of 15. Learn how to master crypto with an expert right here.Ĭharles Hoskinson Net worth: $500 millionĬharles Hoskinson was born in Hawaii, USA in 1987. And over the years, Charles Hoskinson’s net worth has landed him in 14th place on Forbes’ list of richest people in crypto. With over 300k subscribers on YouTube and several startups in cryptocurrency and the blockchain space, Charles Hoskinson has created a name for himself as a huge innovator in the crypto space.
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