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Cardano (ADA) Founder Charles Hoskinson Exposed For Misleading About Enrolling For a Ph.D. Degree

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Doubts arise after Laura Shin, a crypto-journalist questions Cardano’s founder degree claims.

Laura Shin, a crypto-journalist who recently published a book dubbed Cryptopians, has uncovered major facts showing Charles Hoskinson, Cardano’s CEO and founder, never enrolled in a Ph.D. program contrary to his claims. 

Recall that the Cryptopian book provided important details about the identities of the founders of Ethereum, including Vitalik Buterin and Hoskinson and the decentralized autonomous organization (DAO) hacker. 

Having read the book, a Twitter user calls out Laura for portraying Charles in a bad light. Hoskinson replies to the user that Laura’s book is a ‘Great work of fiction.’ Laura Shin then replies with some receipts, showing that Charles hasn’t been very honest regarding some of his claims such as his level of education.

Following Hoskinson’s description in the book, the Cardano founder said Shin’s book is fictional.  Great work of fiction. Tough market to beat George R.R. Martin and Tolkien, but we wish her well,” Hoskinson said in a recent Twitter post. 


Hoskinson Exposed

In response to Hoskinson’s post, Shin tweeted that the Cardano founder should address the discrepancies between his claims of dropping out of a doctorate degree program and the schools’ assertion about these claims. 

Apparently, Shin had contacted various schools Hoskinson claimed to have enrolled in for a doctorate degree program and the institutions refuted his claims. 

According to evidence provided by Shin that accompanied her tweet, Hoskinson had on numerous occasions claimed that he completed an undergraduate program in Number Theory but never completed his Ph.D. program at the University of Colorado Boulder and the Metropolitan State University of Denver. 

He promised to do so after he retired from his job as a lead developer of the popular blockchain network Cardano. 

However, information from the schools shows that Hoskinson only enrolled in undergraduate programs, but he never acquired any degree. 

The revelation has sparked mixed reactions across the microblogging platform, with some users criticizing Hoskinson while others are still defending his reputation. 

While attaining a formal education is not mandatory in the crypto industry, the alleged lies from the founder of Cardano do not portray him in a good light as many people are mainly investing in the project based on his words that the digital currencies will outperform rivals like Ethereum. 

This is not the first time Hoskinson has been called out. In 2020, Hoskinson promised Cardano enthusiasts that by July 2021, there will be hundreds of assets running on the network, including thousands of decentralized applications (dApps). 

However, over a year and there are only a handful of dApps on the network. Many Cardano supporters believe Hoskinson lied to them in a bid to get more people to adopt the cryptocurrency.


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Mark Brennan
Mark Brennan
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.


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