CEO, IOHK
Charles Hoskinson - Cardano Keynote, 11.12.2017
The technology was conceived in an Osaka restaurant more than two years ago and from that small beginning Cardano has been built into a leading cryptocurrency. The project has amassed a team of experts in countries around the world, has generated more than 67,000 lines of code, and has a strong and growing community in countries across Asia and beyond. Along the way, Cardano has set new standards for cryptocurrencies with best practices such as peer review and high assurance methods of software engineering. The official launch was held in the district of Shibuya in Tokyo on Saturday October 14...
About Charles Hoskinson
Charles Hoskinson, the CEO of Input Output Global and founder of Cardano and Midnight, has been active in multiple public appearances discussing blockchain governance, privacy, and the integration of cryptocurrency with artificial intelligence. In a January 2024 LinkedIn Live interview, he described blockchain technology as a "management layer" for business and a means to "preserve human rights moving into the 21st century," and argued that the ESG movement would be a key driver of blockchain adoption. In subsequent interviews throughout 2025 and 2026, Hoskinson has focused on promoting Midnight, a privacy-focused blockchain he describes as a "fourth-generation cryptocurrency." He has stated that Midnight's design includes a dual-tokenomics model and aims to provide "rational privacy" through selective disclosure, allowing users to prove properties about themselves without revealing all their data. Hoskinson has also been vocal about regulatory and governance issues. In multiple appearances, he criticized the U.S. Clarity Act, arguing that its language could be used by regulators to classify most cryptocurrencies as securities. He has expressed disappointment with Ethereum's current trajectory and contrasted Cardano's on-chain governance system, where ADA holders have a vote, with Bitcoin and Ethereum, where he says holders have "no say." He has also warned about the potential for quantum computers to break Bitcoin's encryption, stating that the threat is "coming much faster than everybody is anticipating." Additionally, Hoskinson discussed his involvement in a healthcare venture in Wyoming, Hoskinson Health, which he said he co-founded with his father and brother, and which he described as a 70,000-square-foot facility that served 22,000 patients before being shut down due to financial losses and lack of government support.
Transcript (44 segments)
✨ AI-enhanced transcript with speaker attribution
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Charles Hoskinson0:00
Good afternoon everyone and welcome to the forum. I'm Charles Hoskinson, CEO of IOHK.
When I first got involved with this project, it was really about cheese and other projects. We discussed the second type of session and the list, didn't we?
We talked while drinking high-end beverages. Now, almost all of the technology awards are given for teaching, and we can provide high computing power. Through action, we performed PR, and then we negotiated. We were able to create a computer roller, and without everyone, this day was possible.
The node name is not in the file blog. It becomes a different snow field. I participated in the 9912 hot springs, and I really use various words to get to the present. Without the web, I couldn't have done this. I believe everyone's power was indispensable. Thank you.
I went to English school and brought this level. I wanted to win. This is a partner of this project. When it became a real project, I fell into the scientist role. I live in D7, and I am a professor at River. I study heart disease.
We are advancing the stimulus. We have associate professors like David and others at Tokyo Institute of Technology. They are researching low-resistance things. Without personal cooperation, we couldn't have come this far. I want to thank you again. I will talk about why we use these things.
Let's talk about the generation. Bitcoin is important, isn't it? Why is this generation? Bitcoin uses cryptographic technology to share value records globally. It created online gold. You install the beads. The power is amazing. It's like a research culmination from the 1980s. When it is used for proof, each technology takes a lot of time. I don't think it will change the way people use money.
When this revolution happens, evolution is needed. There is always a story. I tried to do it. This is being done. The industry is aging. Now, we are securing a good position and influencing the bid.
We touch the royal host. Is this enough? We can create a smartphone flap and bring the story. We can fold it. We have about 200 bodies. We want a hit rate. It is becoming possible to receive the death sentence. What is needed? What is the generation of cryptocurrency? And then, we have the powder. We will discuss it in detail.
The big remaining challenge is the scalability problem. Can we expand? When we think about other systems, there is still no manual work for Chinese users. It won't go for months. We need a device for the decision. Furthermore, there will be more than one. There will be multiple ones, and existing financial systems need compatibility.
The project targets these problems. By solving them, it can be an infrastructure for China. There are many third-generation goods. Each new partnership will work hard. Imagine the file for the number two. It's dark. We need to spread the scope. We choose people. In that case, we don't touch anything. Each person's share becomes smaller. Let's pick up the fair.
We need to develop the audio spot. So we developed the audio. With the brownie energy, we have the hardware clock. We can prescribe it. It is developed for that. The bid is different. The operating cost is 30,000 dollars. It is used for good. It is not used for resources. The details are being improved.
We can record transactions. The data can go back and forth. It's like a blood series. Bitcoin is a system. But there is a bottleneck. All users have the same experience. There is no existence of different things. The network needs to be redesigned. We are developing the world's most competitive thing.
We developed it. We love collaboration with scholars. We have great ideas. We bring in the team. It is the first in the world. We are using it. The releases are amazing. The processing power increases, and we can move it freely in the network.
By doing this, we can integrate it. The recording time is like a weblog. We can guarantee the same life. We can do it offline. The computing power can go to the home. We need to guarantee the integrity. This problem is difficult. That's why we are advancing the interest.
There is a compatibility problem. We need to solve it. The next generation of cryptocurrency and the flower are coming. We need to understand the language. We can't understand it. We improved the limited function. We created it. Communication between different blockchains is important.
Now, let's talk about the pitch. How do you say it? Side chains and relays are used. What is latency? It's about the data. It's very colorful. The wisdom is about representing eight types of data in a large dataset. By marking, we can guarantee the accuracy of the group. We can compensate with a small amount of data.
It's good to have a calm day. It's like a design. We did a word list. We can see the data exchange. We can get information from it. By using the technology, we can send the information without using many tools.
We have a great ropeway. We need to record it. We will push the technology. It might not be possible. We need to increase compatibility with other systems. It might be difficult. We use the trusted relay.
Specifically, what is being done? We have the check. Compatibility is not achieved suddenly. It is a long process. We think it is a journey. By continuing, we will achieve it.
This is the final part. I will send it. The US is a powerful country. There are elections. Japan has more planning. For example, the 50-year point. We are developing the internet.
It is ideal to have practicality. We need to think about how to support it. We can provide resources. It is a very interesting church. We are making the skin. We plan the funds. It is a great method. But the funds might run out.
How about designing a system with a bank account? The first people to network, how do we pay them? We create a new coin and support the network. We give all the new tokens. We keep some and send them to other bank accounts.
This video is not blank. It uses the concept of the currency. There is a fund. We are issuing it. We are deducting the tax. The internet is there. We can expand. How do we withdraw money? The holders can do it.
There are new developments. The side players can vote. The people can agree. It is a protocol. The future can be voted. It is natural. There are two plates for sustainability. One is to get the knowledge. Can we change it?
What is this? We are putting force. The people are here. We are using the system. There is a problem. It is splitting. We are drawing the card. The key is that everything is being operated.
It can be changed to a system. The leaders can decide. The future of the protocol is decided. We have the voice. We can stop the high school. If we do it, it will be divided. We need to talk about the competition.
There are many people here. I want to talk about interesting things. The programs are almost non-existent. We need to operate it. We are using the internet. We are doing it.
These classes exist. We are using the applications. We are developing. We are doing it with software. We want to continue the development. We want to tell you how to operate it.
It might be difficult. But it is possible. We have the technology. We are researching the network technology. We have the great people. We are doing it.
We need to do it. We are using the script. We are doing the big things. We are making it possible. We can use many programming languages. We can do it.
We can do it. The framework is defined. We can improve the programming. The cost goes down. We can do it.
It is a summary. We are explaining it. We are doing it in a sustainable way. We are using the peer review. We are doing the development.
We are doing it. We are talking about the parts. We are doing the press tour. We are doing it. It is not beautiful. It is not that.
We are doing it. We are using the plugin. We are doing it. We are using the mobile devices. We are thinking about the technology. The user can choose.
We are using the technology. We are making the plugin. We are using the distributed system. We are doing it.
We are doing it. We are using the technology. We are doing the multi-party things. We are doing it.
We are doing it on smartphones. We are doing it. We are giving the tools. We are giving the freedom.
The blockchain is doing it. We are doing it. We are doing the development. We are doing the next version. We are doing the security.
We are doing the staking. We are doing it. We are doing it. We are doing it. We are doing it.
We have the funds. We are doing the technology. We are doing it. We are doing the best. We are doing it.
We are doing it. We are doing it. We are doing it. Thank you for coming. We are doing it. We are doing it.
It started with two people. It was difficult. But with the team, we did it.
It was not easy. But with the cooperation, we did it.