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 Cardano Basis's official X account was hacked to advertise scams and unfold false info over the weekend.
Cardano Basis Hack
On December 8, malicious attackers accessed the Cardano Basis account and used it to promote a fictitious ADASOL token which they claimed was a Cardano-inspired token constructed on Solana for “velocity and innovation” .
Though this fraudulent message was deleted inside an hour, the hackers adopted up with one other false declare. They alleged that the Basis acquired a lawsuit from america Securities and Alternate Fee (SEC), ensuing within the supposed cessation of all assist for Cardano's native token, ADA.
The Cardano Basis has since deleted the malicious tweets however has not launched any official assertion on the incident.
Hoskinson's resolution
In response to the breach, Hoskinson urged that the Cardano neighborhood would actively examine the incident. He additionally urged that federal authorities is perhaps within the matter.
He declared:
“Now the enjoyable half comes for us. As Cardano is a digital nation, lots of our residents additionally work in regulation enforcement. Let the swarm of investigations start”
Hoskinson additionally urged revisiting the verified tweets function he initially proposed in 2020. He careworn that this function might considerably enhance safety on the platform.
Hoskinson's concept is to leverage public-key cryptography to strengthen id verification. He careworn that this method wouldn’t disrupt X's working mannequin however would enable customers to independently confirm their posts.
The idea contains requiring biometric authentication earlier than posting content material, similar to fingerprint or facial recognition.
Hoskinson offered the idea to Jack Dorsey, the platform's former CEO, after a significant hacking occasion in 2020. On the time, he supplied to develop the system for a price. He supplied to implement it without spending a dime if Elon Musk helps the initiative.
