Sure, here is a creatively re-expressed version of the article:
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**Cardano’s Charles Hoskinson Advocates for Decentralized Identity Integration to Combat Scams on X**
Charles Hoskinson, co-founder of Cardano (ADA), has proposed integrating Decentralized Identity (DID) into X to address the rising number of scam attacks. This suggestion follows the recent hacking of SingularityNet CEO Ben Goertzel’s personal X account.
Hoskinson has called for a partnership with Elon Musk to incorporate DID into the free speech app. He believes that DID can facilitate the smooth implementation of new features while reducing scam incidents on the platform.
**Background of the Incident**
On Monday, July 5, Ben Goertzel, CEO of the leading decentralized AI platform SingularityNet, apologized to his followers after his personal X account was hacked. The hacker posted unauthorized messages containing fraudulent links that directed users to scam sites, some of which referenced SingularityNET-related crypto tokens to lure victims.
Goertzel has since regained control of his account and has been issuing daily updates to inform the community about the hack. He advised affected individuals to report the incident to the appropriate authorities to secure their accounts and personal information.
“This is my personal Twitter account, which I set up in 2009. It has not been managed by SingularityNET TrueAGI or any other company I am involved with. However, due to the increased attention from hackers and scammers following the recent ASI merger, I will now seek assistance from SingularityNET’s IT team for security matters related to my social media accounts. I apologize for any distress caused and appreciate your understanding. I will proceed with increased caution following this unfortunate incident,” Goertzel stated.
In response, Hoskinson tagged Elon Musk on X, reiterating his offer to integrate DID for free to prevent such incidents.
**More About Decentralized Identity (DID)**
DID allows users to store their personally identifiable information in a decentralized identity wallet. These digital wallets use distributed ledger technology maintained by peer-to-peer networks. Users can choose which information to share with businesses or websites, eliminating the need for sites to store sensitive data like phone numbers and credit card information. DID combats various scams, including Deepfakes, Synthetic Identities, and Sybil Attacks, while addressing privacy concerns.
Currently, only a few companies have adopted this innovative solution, with Michael Saylor’s MicroStrategy being the latest to implement the technology.
Hoskinson has made several attempts to partner with Musk and Cardano over the past few months, but his efforts have not yet been successful. He speculates that Musk might be influenced by individuals in his social circle who have a negative perception of him.
“Maybe some people in his social circles don’t like me, or he’s heard I’m difficult to work with. Or maybe he just wants to do his own thing, I don’t know. It makes me sad because I’m an X user with millions of followers, and it would be problematic if the platform loses relevance, as that social capital is valuable to us,” Hoskinson expressed.
At the time of writing, Cardano (ADA) was trading at $0.44, having surged by 3% in the last 24 hours.
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