Bitcoin

Cardano Founder Suggests Bitcoin Cash Integration in X Poll

Cardano founder Charles Hoskinson recently posted a “hypothetical poll” on the X social media platform asking the cryptocurrency community if they would be interested in integrating Cardano with Bitcoin Cash.

The poll garnered more than 12,000 votes in the first 24 hours, with an initial majority of 66.3% voting “yes” on the proposal.

Source: @IOHK_Charles on X

“Do you want Bitcoin Cash to become a Cardano partner chain upgraded with useful proof-of-work Leios, NiPoPoW, and Ergo technologies, making it the fastest and most useful proof-of-work chain ever built?”

As mentioned above, Hoskinson labeled his poll as hypothetical. However, as Elon Musk showed after purchasing the X platform (formerly Twitter), you can use it as a reference point for decision-making.

Ben Scherrey, founder and CTO of blockchain company Biggest Lab. Posted He commented in favor of this move, saying, “I have always thought there were natural synergies between the two chains, given the shared UTXO model that allows for high scalability and decentralization.”

The community appears to support the idea of ​​integrating Bitcoin Cash and Cardano, but it is somewhat unclear how such a partnership would form and function.

On the technology side, Hoskinson used the term “partnerchain.” This appears to mean that Bitcoin Cash will need to be linked or cross-linked in some form to work with the proposed upgrade.

Even assuming that the two development teams can agree on the technical aspects of the partnership, agreement between stakeholders and developers is still needed.

Hoskinson’s discourse on social media comes as Cardano prepares for two “massive upgrades” this year. As Cointelegraph recently reported, the company is preparing for the ‘Chang’ hard fork, scheduled for the second quarter of 2024, and a new proof-of-stake model called ‘Ouroboros Reios’.

Hoskinson praised the pending upgrade in a response to an April 7 video posted by cryptocurrency influencer Ben “Bitboy” Armstrong. In the video, Armstrong refers to Cardano as “dead.”

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