Cardano

Algorand

Coin

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 <li>Cardano founder Charles Hoskinson believes that Algorand should become a Cardano sidechain.</li> 
 <li>Hoskinson offered to help Algorand CTO John Woods with his blockchain’s transition. </li> 
 <li>The Cardano founder previously named Algorand as one of his favorite crypto projects.</li> 
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 Cardano founder Charles Hoskinson believes that fellow blockchain network Algorand should become a sidechain of <a href="https://coinedition.com/cardanos-tvl-may-boom-in-the-next-few-months-analyst/" target="_blank" rel="noopener noreferrer nofollow">Cardano</a>. Hoskinson’s comment came in response to a video by Algorand’s chief technology officer (CTO), John Woods. Woods took to Twitter recently to talk about staking on Algorand and the network’s future roadmap. 
 John Woods told his followers about Algorand’s proof of stake consensus mechanism and described its superior characteristics. In the video, Woods advised users who chose to participate in Algorand staking not run a staking node with more than 50 million ALGO tokens on it. He also asked stakers not to centralize more than 20% of their ALGO on a single machine. 
 Charles Hoskinson <a href="https://twitter.com/IOHK_Charles/status/1679137033615290370" target="_blank" rel="noopener noreferrer nofollow">responded</a> to Woods’ tweet by recommending Algorand to become a sidechain of Cardano. The Cardano founder also offered help with the transition and told the Algorand CTO that he would be available… 
 The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/charles-hoskinson-says-algorand-should-become-a-sidechain-of-cardano/">Charles Hoskinson Says Algorand Should Become A Sidechain of Cardano</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.
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Charles Hoskinson Says Algorand Should Become A Sidechain of Cardano

Coin Edition

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