💸 Cardano Considers Integrating Bitcoin Cash
Blockchain developments continue to capture attention. Cardano founder Charles Hoskinson recently asked the crypto community on social media platform X if they would like to see an integration of Cardano and Bitcoin Cash. The poll received over 12,000 votes in the first 24 hours, with 66.3% in early majority supporting the proposal.
🔺 Hoskinson’s Noteworthy Move
Regarding the matter, Charles Hoskinson stated that the poll was hypothetical. However, as Elon Musk has shown since acquiring the platform formerly known as Twitter, it is possible to use the platform as a guiding point for decision-making. Hoskinson commented on the matter:
💬 “Would you like to see Bitcoin Cash become an updated Cardano Joint Chain with Useful Proof of Work Leios, NiPoPoWs, and Ergo tech, thus becoming the fastest and most useful proof of work network ever created?”
Ben Scherrey, founder and CTO of Blockchain firm Biggest Lab, published a favorable comment on the process, stating:
💬 “Considering the high scalability and decentralized governance allowed by the shared UTXO model, there has always been a natural synergy between the two chains.”
🔺 What’s Happening on the Cardano Front?
The community seems supportive of the idea of Bitcoin Cash and Cardano integration, yet how such a partnership would form and function remains somewhat unclear. On the technology side, Hoskinson used the term joint chain. This seems to imply that Bitcoin Cash would need to be bridged or cross-chained in some way to work with proposed upgrades.
Assuming both development teams can agree on the technical aspects of the partnership, there still needs to be a consensus among stakeholders and developers. Hoskinson’s statement on social media comes at a time when Cardano is preparing for two major upgrades this year. The company is gearing up for the Chang hard fork upgrade planned for the second quarter of 2024, along with a new proof-of-stake model called Ouroboros Leios.
