- Charles Hoskinson has burned all the Charles tokens sent to his wallet by a random creator.
- A random community member created the Charles token without Hoskinson’s permission.
- The scenario highlights the crypto industry’s unlimited decentralization capabilities.
Cardano founder Charles Hoskinson found himself in an unusual situation. He burned all the “Charles” tokens sent to his wallet by a random crypto community member. That person created the cryptocurrency on his behalf. The token creator took advantage of a recent demo. In it, Hoskinson showed how to make a paper wallet on Cardano. This incident shows the extent of the cryptocurrency ecosystem’s transparency and security.
Unwanted Tokens a Surprise
The unidentified crypto community member created the Charles token without Hoskinson’s permission. They attributed the founder status to him and sent the bulk of the tokens to his wallet. Hoskinson points out another level of risk in crypto. Anyone can send digital assets to a user’s wallet without their permission.
According to Hoskinson, the Charles tok…
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