Who is Charles Hoskinson

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english.

This episode is about Charles Hoskinson, who you may know as the founder of Cardano. So let’s dig in, because there is a lot of history here.

Hoskinson isn’t only the founder of Cardano, he was also among the original five co-founders of Ethereum. We already talked about two of the technical brains behind Ethereum, Vitalik Buterin and Gavin Wood, but Hoskinson was more on the business side of things. He helped the young team raise money through a so-called ICO, short for initial coin offering. That’s when a company sells their own token to the public instead of old-school shares.

Eventually, Hoskinson was fired by Vitalik Buterin over a disagreement about the vision of the company. Hoskinson wanted to make Ethereum a commercial project, raise VC money, and build revenue streams. Buterin wanted to keep it a non-profit which it remains till this day.

Hoskinson went on to start Cardano, a direct competitor to Ethereum. And that’s really where the most interesting part of the story lies – the crypto world is quite small if you look closely. Three of the largest blockchains have all been started by people who met on the original Ethereum team.

Disclaimer: This podcast references our opinion and is for information purposes only. It is not intended to be investment advice. Do your own research and seek a duly licensed professional for investment advice.