Cardano

Charles Hoskinson, the founder of Cardano and IOHK, has recently engaged in a Twitter exchange regarding the controversial topic of adding know-your-customer (KYC) support on the first layer of the Cardano blockchain. The debate was sparked by a tweet from Calvin Koepke, lead engineer at SundaeSwap Labs, who argued that while some users may not want to use a chain with KYC support on the L1, it will be necessary for mass adoption. In response to Koepke&#39;s tweet, Cardano enthusiast Alexander Monad expressed his concerns about the potential for a centralized system, stating, &#34;You cannot have KYC exist at the L1 and still have any hope for an open permissionless system.&#34;Hoskinson then weighed in, defending the idea that a decentralized protocol will have users who write software for their specific needs, regulated and unregulated.Read more on U.Today <a href="https://u.today/should-cardano-ada-add-kyc-charles-hoskinson-weighs-in" rel="noopener noreferrer nofollow">https://u.today/should-cardano-ada-add-kyc-charles-hoskinson-weighs-in</a>

Should Cardano (ADA) Add KYC? Charles Hoskinson Weighs In

U_Today

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