Cardano Founder Plans for Bitcoin Cash Integration
Charles Hoskinson opens poll for Bitcoin Cash integration
In a bold move that has captured the attention of the cryptocurrency community, Charles Hoskinson, the visionary founder of Cardano, has ignited discussions about a potential groundbreaking integration with Bitcoin Cash. Hoskinson took to the X social media platform to conduct a hypothetical poll, questioning whether users would support this innovative partnership.
The poll quickly gathered momentum, amassing over 12,000 votes within the first 24 hours, with a significant 66.3% majority favoring the integration. This proposal suggests a partnership where Bitcoin Cash could be enhanced with advanced blockchain technologies such as Useful Proof of Work Leios, Non-Interactive Proofs of Proof-of-Work (NiPoPoWs), and Ergo tech. These enhancements aim to create the fastest and most efficient proof of work chain ever developed.
Support for this idea isn't just limited to enthusiastic voters. Ben Scherrey, the chief technology officer at blockchain firm Biggest Lab, expressed his approval, highlighting the "natural synergy between the two chains" due to their shared UTXO model, which promotes scalability and decentralization.
While the community's support is apparent, the details of how this partnership would operate remain unclear. The term "partnerchain" used by Hoskinson suggests that Bitcoin Cash would undergo modifications to bridge or cross-chain, allowing for the operation with proposed upgrades.
This discourse on potential blockchain collaboration comes at a critical time as Cardano gears up for significant technological advancements in 2024, including the "Chang" hard fork and a new proof-of-stake model named "Ouroboros Leios."
As the crypto world watches closely, Hoskinson's move could either redefine collaborative blockchain efforts or remain a visionary yet unexecuted idea. The enthusiasm and speculation surrounding this proposal demonstrate the community's readiness for innovative and scalable blockchain solutions.