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Thecoinrise

05/06/2024

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Cardano Founder Proposes Integration with Bitcoin Cash

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Cardano Founder Proposes Integration with Bitcoin Cash

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In a recent move that has sparked significant interest within the cryptocurrency community, Charles Hoskinson, the founder of Cardano, posted a “hypothetical poll” on the X social media platform. The poll posed a question to the community: Would they be interested in seeing a partnership between Cardano and Bitcoin Cash?

The poll from the Cardano founder, which garnered more than 12,000 votes within its first 24 hours, revealed that a majority, 66.3%, were in favor of the proposed integration.

Hoskinson’s question was detailed: “Would you like to see Bitcoin Cash become a Cardano Partnerchain upgraded with Useful Proof of Work Leios, NiPoPoWs, and Ergo Tech, thus being the fastest and most useful proof of work chain ever built?”

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Cardano Founder and X Integration with BCH

While Hoskinson emphasized that the poll was hypothetical, the response indicates a significant level of interest among the crypto community. Notably, the Cardano founder stated, “[Dogecoin] should be a Cardano sidechain. I’d do the migration for free. Hell, I’d even add smart contracts.”

Hoskinson’s reference to Elon Musk’s use of social media platforms like X, formerly Twitter, as a means for decision-making suggests the potential influence such discussions could have.

Support for Proposed Integration

Ben Scherrey, founder and CTO of blockchain firm Biggest Lab, expressed support for the proposed integration, highlighting the natural synergy between the two chains due to their shared UTXO model, which allows for high scalability and decentralization.

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However, while there is enthusiasm for the idea, the specifics of how such a partnership would function remain unclear.

Hoskinson’s use of the term “partnerchain” suggests that Bitcoin Cash would need to be bridged or cross-chained in some form to operate with the proposed upgrades. This would require both technical collaboration and consensus among stakeholders and developers.

Cardano Prepares for Two Major Upgrades

The discussion around this potential integration comes as Cardano prepares for two major upgrades this year. The first, named “Chang,” is expected in the second quarter of 2024, followed by a new proof-of-stake model called “Ouroboros Leios.”

Hoskinson has been actively discussing these upgrades on social media platforms. In response to a video by crypto influencer Ben “Bitboy” Armstrong, where Cardano was referred to as “dead,” Hoskinson reiterated his confidence in the project’s future.

As the crypto community eagerly awaits further developments, the proposed integration between Cardano and Bitcoin Cash represents a potential milestone in the evolution of both platforms, signaling a step towards greater interoperability and innovation in the crypto space.

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