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Cardano's (ADA) Charles Hoskinson Launches ADA Staking Pool. Guess What It Is Called?

Fri, 02/26/2021 - 11:02
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Vladislav Sopov
Old semi-ironic ranking by Adam Back inspired the name of ADA staking pool operated by Cardano (ADA) inventor Charles Hoskinson
Cardano's (ADA) Charles Hoskinson Launches ADA Staking Pool. Guess What It Is Called?
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Charles Hosinson, CEO and founder of Input Output HK software development firm, has introduced his own ADA staking pool. It owes its name to prominent cypherpunk Blockstream CEO Adam Back.

"King of Rats" enters ADA staking

According to his recent tweet, Mr. Hoskinson has launched a delegation pool for ADA coins. At press time, it is up and running for four Cardano (ADA) epochs.

Charles Hoskinson joins ADA delegation
Image via Twitter

The new pool is named RATS Pool. This is in reference to a ranking created by Adam Back, CEO of Bitcoin (BTC) development firm BlockStream.  As covered by U.Today, Mr. Back claimed that Mr. Hoskinson understands Bitcoin (BTC) and applied math better than "Fake Satoshi" and Bitcoin SV creator, Craig Wright, and Ethereum inventor Vitalik Buterin.

Charles Hoskinson Calls Himself "King of the Rats" as Adam Back Says He's Better at Bitcoin Than "Faketoshi" and Vitalik Buterin

Also, Mr. Back added that Charles Hoskinson is "better" than Justin Sun, Tron (TRX) founder and BitTorrent (BTT) CEO.

Mr. Hoskinson ironically welcomed this ranking by adding "King of the Rats" to his Twitter bio. The "King" now invites all ADA holders to delegate their riches to his pool.

Scams are on fire while major milestones are in sight

Cardano (ADA) is going to implement the Mary update on its mainnet on March 1, 2021. It will bring multi-asset functionality with the launch of Cardano-native tokens.

Cardano (ADA) to Finally Activate Mary Upgrade. Why Is This Important?

With all eyes are on the much-anticipated release, scammers are doing their best to steal ADA coins from Cardano enthusiasts. Input Output HK warned all users about a fake Daedalus wallet website.

Cardano's wallet Daedalus website impersonated by scammers
Image by Twitter

Cardano devs reiterated that the only domain that Daedalus can be downloaded from is live on the domain .ionot on .net. Therefore, ADA holders should double-check the source while installing the wallet.

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About the author

Blockchain Analyst & Writer with scientific background. 6+ years in IT-analytics, 3+ years in blockchain.

Worked in independent analysis as well as in start-ups (, Monoreto, Attic Lab etc.)