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Cardano Contemplates Bitcoin Cash Integration

May 6, 2024

The founder of Cardano, Charles Hoskinson, engaged with the crypto community on social media to gauge interest in potentially integrating Cardano with Bitcoin Cash. Within the first 24 hours, a poll received over 12,000 votes, with a majority of 66.3% supporting the proposal.

Hoskinson’s Notable Step

Charles Hoskinson clarified that the poll was hypothetical but emphasized the potential influence of social media platforms in decision-making processes, as demonstrated by Elon Musk. Hoskinson raised the question of integrating Bitcoin Cash into Cardano to enhance the network's speed and functionality with innovative technologies.

Ben Scherrey, the founder and CTO of Blockchain firm Biggest Lab, expressed optimism about the collaboration, highlighting the synergies between the scalability and decentralized governance models of the two chains.

Charles Hoskinson

Developments in the Cardano Community

While the community appears supportive of the idea, the specifics of how the integration would work remain unclear. Hoskinson mentioned a potential joint chain approach, indicating the need for bridging Bitcoin Cash and incorporating proposed upgrades.

Assuming technical alignment between the development teams, achieving consensus among stakeholders and developers will be crucial. Hoskinson's statement coincides with Cardano's preparation for significant upgrades, including the Chang hard fork in the second quarter of 2024 and the introduction of the Ouroboros Leios proof-of-stake model.

Hoskinson lauded these impending upgrades in response to criticisms from crypto influencer Ben Armstrong, who had expressed negative views about Cardano's future.

This article was originally published on COINTURK NEWS: Cardano Considers Integrating Bitcoin Cash

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