Cardano's Founder Explores Potential Integration with Bitcoin Cash: Community Responds Positively
Summary:
Cardano's founder, Charles Hoskinson, has initiated a theoretical poll on social media questioning the interest in a potential integration between Cardano and Bitcoin Cash. The majority of votes were in favor of this collaboration. Ben Scherrey from Biggest Lab also voiced his support, citing a natural synergy between the two chains. While Cardano prepares for two significant upgrades, the specifics of how this partnership would form and operate remain unclear.
Charles Hoskinson, the founder of Cardano, has initiated a theoretical poll on social media platform X, querying the digital currency community's interest in a potential Cardano and Bitcoin Cash integration. Within the first day, the poll collected over 12,000 votes, with a 66.3% majority in favor of the suggested combo, as reported by @IOHK_Charles on X. The question posed was, "Would you find it appealing if Bitcoin Cash became a partner chain to Cardano, incorporating advanced Proof of Work technologies such as Leios, NiPoPoWs, and Ergo, thereby establishing the fastest and most effective proof of work chain ever?
While Hoskinson playfully referred to his poll as speculative, Elon Musk's Twitter takeover proves that it's feasible to utilize such a platform to guide decision-making. Ben Scherrey, founder and CTO of blockchain company Biggest Lab, expressed his support for the integration, stating a natural synergy exists between the two chains due to their shared UTXO model, enabling high scalability and decentralization.
Although the idea of a Cardano and Bitcoin Cash collaboration is largely well-received, the specifics of how it would materialize and operate remain somewhat unclear. From a technology perspective, Hoskinson's use of the term "partnerchain" implies that Bitcoin Cash would have to be interconnected or crisscrossed in some way to accommodate the suggested enhancements.
Even if the development teams could reach an understanding on the technical aspects, consensus would still be needed among stakeholders and developers. This discussion arises as Cardano gears up for two "significant upgrades" this year. As reported by Cointelegraph, the firm is gearing up for a "Chang" hardfork set for the second quarter of 2024, in addition to a new proof-of-stake model named "Ouroboros Leios." Hoskinson hailed these forthcoming enhancements in his retort to a video published by crypto influencer Ben "Bitboy" Armstrong on April 7, where Armstrong referred to Cardano as "dead". Related: Long-time cryptocurrency enthusiasts question the DOJ's targeting of Roger Ver, a decade after he left the United States.
Published At
5/5/2024 9:38:16 PM
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