|Known for||Founder of Cardano, co-founder of Ethereum|
Hoskinson joined the Ethereum founding team (one of eight original founders) with Vitalik Buterin in late 2013. Buterin removed Hoskinson from Ethereum in 2014 after a dispute over whether the project should be commercial or a nonprofit. Following his departure from Ethereum he took a six month sabbatical.
IOHK & CardanoEdit
Hoskinson was approached by former Ethereum colleague Jeremy Wood to form a new project called IOHK (Input Output Hong Kong), an engineering and research company that builds cryptocurrencies and blockchains. IOHK's key project is Cardano, a public blockchain and smart-contract platform that hosts the ADA cryptocurrency.
In 2017, Hoskinson and IOHK sponsored research labs focusing on blockchain technology at the University of Edinburgh and the Tokyo Institute of Technology. In 2020, Hoskinson opened a blockchain research project at the University of Wyoming. The collaboration involved a gift of $500,000 for the University of Wyoming to support the development of blockchain technology through the creation of a UWYO-IOHK Advanced Blockchain and Development Laboratory. IOHK also has ties to the University of Edinburgh with their Chief Scientist, Aggelos Kiayias
Views on BitcoinEdit
According to Hoskinson, Bitcoin's growth in power consumption (see Bitcoin#Energy consumption) has been inevitable stating: "Bitcoin's energy consumption has more than quadrupled since the beginning of its last peak in 2017 and it is set to get worse because energy inefficiency is built into bitcoin's DNA".
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IOHK's key project: Cardano, a public blockchain and smart-contract platform which hosts the Ada cryptocurrency.
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- "UW Receives $500,000 Gift in Ada Cryptocurrency from IOHK". The University of Wyoming. February 14, 2020. Archived from the original on June 17, 2020. Retrieved May 5, 2020.
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requires nearly as much energy as the entire country of Argentina