Charles Hoskinson, the founder of Cardano – stated that ADA is one of the greenest and most eco-friendly digital assets. He further opined that Tesla (TSLA) should choose it if it really cares about environmental sustainability.
In a recent interview with Lex Fridman, Charles Hoskinson highlighted the benefits of his proof-of-stake blockchain platform Cardano. He noted that the PoS system is much better in terms of energy consumption compared to its rivals. Moreover, he surmised that Cardano and its native digital asset should be the first choice for Elon Musk’s giant EV-maker Tesla:
”If they truly care about alternative energy, sustainability, carbon reduction, and carbon neutrality, you can’t be in a system where there is no built-in mechanism to constrain the energy consumption.”
As an alternative energy company, Hoskinson stated that Tesla should focus on the greenest cryptocurrencies, such as ADA, and not the high energy-consuming Bitcoin. Apart from the ecological damage, which it causes, the primary digital asset lacks many other qualities, according to Cardano’s founder:
”Bitcoin is the least programable of all the cryptocurrencies and if you want to do interesting, sexy, and unique things there is just no real way to do that.”
However, Hoskinson pointed out that all crypto projects are an experiment and hide their risks. Even though Cardano gained significant success recently, it is not 100% sure that in the future, it will fulfill its goals.