Charles Hoskinson proposed the integration of Cardano and Bitcoin Cash

Charles Hoskinson Proposes Merging Cardano With Bitcoin Cash



Charles Hoskinson, the founder of Cardano, proposed to merge with Bitcoin Cash.

This proposal, which was made public by the X (formerly Twitter) poll, seeks public opinion on integrating Bitcoin Cash as a partner chain in the Cardano ecosystem.

Charles Hoskinson's bold proposal: merge Cardano with Bitcoin Cash

Hoskinson's initiative aims to create what could be the fastest and most efficient proof-of-work chain of proof for using Leos, non-interactive proofs of work (NiPoPoWs) and Ergo technology.

In the year Cardano, which has been known for its lack of equity and venture capital support since its inception in 2017, will significantly increase its capabilities through this merger. The proposed merger will improve functionality within the Bitcoin Cash network and push the boundaries of what decentralized finance (DeFi) protocols can achieve.

Minergate

Hoskinson's announcement came on May 4, 2024, and has already generated a lot of interest. In no time, the poll attracted more than 12,500 participants. The initial results show a strong tendency towards approval, with 66.3% supporting the merger. The final decision will be revealed after six days of further voting.

Bitcoin Cash, which originated from the fork of Bitcoin, was initially championed by Roger Ver. It was designed to solve some of the limitations of Bitcoin. Since then, it has been a key player in the development of blockchain applications, especially in the DeFi sector.

Read more: Cardano (ADA) Price Prediction 2024/2025/2030

This potential integration is considered by many to be a strategic step towards improving blockchain interoperability. The public's response to the election will play a crucial role in determining the feasibility and timing of this merger.

Disclaimer

Adhering to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news report aims to provide accurate and up-to-date information. However, readers are advised to independently verify facts and consult with professionals before making any decisions based on this content. Please note that our terms and conditions, privacy policies and disclaimers have been updated.

Leave a Reply

Pin It on Pinterest