Cardano Founder Issues Surprising Statement on Bitcoin

Cardano founder Charles Hoskinson recently clarified his stance on Bitcoin, addressing misconceptions within the cryptocurrency community.

In a social media post, Hoskinson emphasized his deep connection to Bitcoin, noting his contributions to the Bitcoin education project since 2013.

He expressed frustration not with Bitcoin itself, but with some Bitcoin maximalists who criticize him for creating an altcoin, stating, "Love Bitcoin, grew up with Bitcoin, and founded the Bitcoin education project back in 2013.

Hate the Maxis who say I should be in prison for making an altcoin."

In a separate update, Romain Pellerin, CTO of Cardano developer Input Output Global, provided details on the Babel fee mechanism, which will allow transaction fees on the Cardano network to be paid in tokens other than ADA.

This feature, which enhances interoperability and usability, includes the introduction of "validation zones" to support bundled transactions, enabling complex operations like atomic swaps.

The proposal also includes new transaction fields for expressing and fulfilling intents, improving flexibility in transaction settlement on Cardano.

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