Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Cardano (ADA) Founder Charles Hoskinson Announces New Giant Move

Cardano (ADA) Founder Charles Hoskinson Announces New Giant Move

BitcoinsistemiBitcoinsistemi2024/09/01 21:03
By:Mete Demiralp

Cardano (ADA) founder Charles Hoskinson took new action after X was shut down in Brazil.

In response to the Brazilian Supreme Court's ban on Elon Musk's social media platform X, Cardano blockchain founder Charles Hoskinson has announced plans to develop a decentralized social network in Brazil.

Hoskinson shared his intentions in a post on X, stating his commitment to free expression and decentralization. “While Brazil has silenced our brothers and sisters in X, their work will still stand and matter to us all,” Hoskinson wrote. “I look forward to developing a decentralized social network.”

Brazil’s Supreme Court ordered the suspension of X over the weekend after Musk refused to appoint a legal representative to contact the Brazilian government. The court’s decision leaves most of the platform’s 20 million users in the country without access. The move is seen as part of a broader global debate over regulating free expression online, particularly in regions where online discussions have become a focal point for government control.

Related News Veteran Cryptocurrency Analyst Says Market May Surprise Investors, Assesses Possibility of a Bull Rally

X's billionaire owner, Elon Musk, responded to the ban by advising users to access the platform through the X.com website and suggested downloading a VPN to bypass the block.

Hoskinson's proposed project aims to offer an alternative to traditional social media platforms by combining the principles of decentralization and freedom of expression.

*This is not investment advice.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Top Crypto Projects You Can’t Miss: Earn While You Sleep with These Passive Income Gems!

Explore the 4 top crypto projects offering passive income in 2025. Learn how BlockDAG, Web3 ai, Unstaked, and Cold Wallet are changing the game with innovative earning opportunities.1. BlockDAG: Easy Passive Rewards via X1 Miner App2. Web3 ai: Get Paid to Use AI in Crypto3. Unstaked: Automate Your Earnings with AI Agents4. Cold Wallet: Self-Custody Meets Passive EarningsFinal Thoughts

Coinomedia2025/05/30 06:40
Top Crypto Projects You Can’t Miss: Earn While You Sleep with These Passive Income Gems!

Could Qubetics Be the Top Crypto With 100x Potential? Solana Prepares for a Breakout While Mantra’s Agri-Tokenization Heats UpMantra (OM): Institutio

Qubetics gains momentum as Solana nears breakout and Mantra expands agri-tokenization. Explore why $TICS is the top crypto with 100x potential.Qubetics ($TICS): Privacy-Powered Potential Through Decentralized VPN InfrastructureSolana (SOL): Breakout Watch as Bulls Test Key ResistanceFinal Thoughts

Coinomedia2025/05/30 06:40
Could Qubetics Be the Top Crypto With 100x Potential? Solana Prepares for a Breakout While Mantra’s Agri-Tokenization Heats UpMantra (OM): Institutio

US court strikes down Trump's IEEPA tariffs

Portalcripto2025/05/30 05:32