Charles Hoskinson, the founding father of the Cardano community, has renewed his name to combine “verified tweets” on social media platform X (previously Twitter).
This proposal was prompted after the official X account of the Cardano Basis was hacked to advertise scams and unfold false info over the weekend.
Cardano Basis hack
On Dec. 8, malicious attackers accessed the Cardano Basis’s account and used it to announce a fictitious ADASOL token they claimed was a Cardano-inspired token constructed on Solana for “speed and innovation.”
Whereas this fraudulent submit was eliminated inside an hour, the hackers adopted up with one other false declare. They alleged that the Basis had acquired a lawsuit from the US Securities and Change Fee (SEC), resulting in a supposed halt in all help for Cardano’s native token, ADA.
The Cardano Basis has since deleted the malicious tweets however has not issued any official assertion addressing the incident.
Hoskinson’s resolution
Reacting to the breach, Hoskinson prompt that the Cardano neighborhood would actively examine the incident. He additionally hinted that federal authorities is likely to be within the concern.
He acknowledged:
“Now the fun part comes for us. As Cardano is a digital nation, many of our citizens are also in law enforcement. Let the swarm of investigations begin”
Hoskinson additionally prompt revisiting the verified tweets characteristic he initially proposed in 2020. He highlighted that this characteristic may considerably improve safety on the platform.
Hoskinson’s thought revolves round leveraging public-key cryptography to strengthen id verification. He emphasised that the method wouldn’t disrupt X’s operational mannequin however would empower customers to confirm their posts independently.
The idea contains requiring biometric authentication earlier than publishing content material, akin to fingerprint or facial recognition.
Hoskinson pitched the idea to Jack Dorsey, the platform’s former CEO, after a big hacking occasion in 2020. Again then, he provided to develop the system for a price. He has proposed implementing it without spending a dime if Elon Musk helps the initiative.
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