Cardano Founder Proposes Bitcoin Cash Integration via Social Media Poll
Charles Hoskinson, the founder of Cardano made an X (Twitter) poll for the public, which they should vote if the Cardano Partnerchain should integrate Bitcoin Cash. This will bring into life Useful Proof of...
Charles Hoskinson, the founder of Cardano made an X (Twitter) poll for the public, which they should vote if the Cardano Partnerchain should integrate Bitcoin Cash. This will bring into life Useful Proof of Work Leios, NiPoPoWs, and Ergo tech and will make it the fastest and most useful proof of work chain ever created.
Bitcoin Cash to Enhance Development on Cardano
Cardano was launched in 2017 by Charles Hoskinson. The blockchain has gained notoriety for its scalability and stability in processing and handling transactions. Cardano is unique because it is not backed by a Venture Capital.
Hoskinson tweeted on May 4, 2024, advocating for the inclusion of Bitcoin Cash as a partner chain in the Cardano Blockchain. The integration of BCH into the Cardano Blockchain would bring several upgraded features of PoW to BCH while also increasing several respective limits. The Twitter poll received overwhelming interest, with over 10,000 respondents voting the first time. The current percentages indicate that 66% of folks voted in favor of partnering; however, the finals will be declared in six days after more voting.
Created as a fork of the Bitcoin blockchain, Bitcoin Cash was first promoted by high-profile Bitcoin investor Roger Ver as a way to overcome certain problems and enhance developments in the Bitcoin network. In addition, developers organized work to implement the possibility of conducting operations with decentralized finance protocols, which significantly changes the scope of application and potential use of this network.
Hoskinson’s Proposal Spurs Debate on Bitcoin Cash Integration
In the sphere of the cryptocurrency area, the merging of Bitcoin Cash with the Cardano blockchain is another impactful and significant event as it may define the future of blockchain interoperability and co-working. According to the flow of the poll development and evolution and the growing amount of respondents and users, it will be possible to formulate the opinion of the community regarding this collaboration and integration and its potential future consequences for Cardano and Bitcoin Cash.
Finally, the offer of Charles Hoskinson to implement Bitcoin Cash into Cardano’s blockchain is a further stage of the future for blockchain interoperability. If it is supported by the community with great attention and participation, much may change in terms of cryptocurrency’s world agreement and creation.
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
SNEKbot by DexHunter on CARDANO
Cardano's Telegram Trading Bot live on Cardano mainnet!TRADE NOW!