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 data 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 “velocity 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 Alternate Fee (SEC), resulting in a supposed halt in all assist 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 recommended that the Cardano group would actively examine the incident. He additionally hinted that federal authorities may be within the problem.
He acknowledged:
“Now the enjoyable half comes for us. As Cardano is a digital nation, lots of our residents are additionally in regulation enforcement. Let the swarm of investigations start”
Hoskinson additionally recommended revisiting the verified tweets function he initially proposed in 2020. He highlighted that this function might considerably improve safety on the platform.
Hoskinson’s concept revolves round leveraging public-key cryptography to strengthen identification verification. He emphasised that the strategy wouldn’t disrupt X’s operational mannequin however would empower customers to confirm their posts independently.
The idea consists of requiring biometric authentication earlier than publishing content material, similar 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 charge. He has proposed implementing it totally free if Elon Musk helps the initiative.
