Unified Crypto of the 4th generation in Web3: Cardano Chef wants to prevent monopoly formation
- Charles Hoskinson von calls for a uniform line for crypto projects to survive Big Tech’s web3.
- The new Cardano protocol “Minotaur” should redesign token reward systems by cooperating several networks.
The cryptom market is faced with a new challenge, since the global players are now also preparing among the technology companies to become active in Web3.
At the Paris Blockchain Week 2025 emphasized Cardano-Chef Charles Hoskinson The necessity an alternative approach if the decentralized world should remain relevant. He found that many crypto tokens have a paradigm these days, in which the growth of one is often based on the decline of another. Such a repressed competition is a zero -sum game. The projects do not grow together rather competed around the same market segment with the same customers.
In his opinion, this undermines the sector as a whole and creates Monopolis that push onto the market with their greater reach. He emphasized the need to develop systems in which several networks can exist side by side and support each other instead of each othercompete .
In view of the fact that billions in companies such as Apple, Google, Microsoft, Amazon and Facebook are in the starting blocks, Hoskinson sees the only way out in cooperation.
Favor new stable coin rules Expansion of the Tech giants on web3
An important part of this discussion is based On the future regulations in the United States. The legislation for stable coins should be In the coming months be adopted. After that, the way for large technology companies could be paved to with full forcein To get in this area.
Another Draft law with the name GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins) Is in progress . Is would the way stablecoins are secured , standardize and Make sure you with the regulations to combat money laundering.
These reforms would ensure transparency and enable conventional companies to offer services related to Web3 and cryptocurrencies.
Hoskinson warned against the fact that the great actors who have over billions of users after the entry into force of these changes Play the Zünglein on the scaleswould. Tech companies are already dominating the platforms.
If you have control over digital wallets and Other utility programserlangen you could take over the web3 as well as web2.
Therefore, he emphasized how important it is for the crypto world to develop systems that are competitive and can be easily integrated into external infrastructures. In his view, the crypto world should not onlybe prepared for thisto resist the big platforms, but also to coexist with them.
Cardano introduces Minotaur protocol for the standardization of blockchains
To implement this vision, Cardano works on a new protocol called Minotaur. It is about an approach that it enables several blockchain networks to and the same Systems work together.
In contrast to a single chain that does everything, Minotaur enables Minotaur that several Networks alternately do the work and are paid for it proportionately.
The users can make payments in their preferred currency and the different chains Get incentives for your role in securing the network. This not only promotes cooperation rather Also motivates the different chains to maintain the system efficiently.
With minotaur will Cardano show that it is possible to create blockchain applications that combine several systems without making them the same.
The project is proof of how to overcome competing business models that are based on competition and can be successful together.
No Comments