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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 “pace and innovation.”
Whereas this fraudulent put up was eliminated inside an hour, the hackers adopted up with one other false declare. They alleged that the Basis had obtained a lawsuit from the US Securities and Alternate 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 group would actively examine the incident. He additionally hinted that federal authorities could be within the challenge.
He acknowledged:
“Now the enjoyable half comes for us. As Cardano is a digital nation, a lot of our residents are additionally in legislation enforcement. Let the swarm of investigations start”
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 strategy 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, equivalent 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 supplied to develop the system for a charge. He has proposed implementing it without cost if Elon Musk helps the initiative.