Bitcoin Cash

Cardano

<p class="is-style-lead">Cardano founder Charles Hoskinson has hinted at teaming up with Bitcoin Cash (<a href="https://crypto.news/price/bitcoin-cash/" target="_blank" rel="noopener noreferrer nofollow">BCH</a>).</p>
<p>On May 4, Hoskinson posted a poll on X asking people what they thought about Cardano (<a href="https://crypto.news/price/cardano/" target="_blank" rel="noopener noreferrer nofollow">ADA</a>) partnering with Bitcoin Cash to boost its performance using technology like proof of useful work (PoUW), non-interactive proofs of proof-of-work (NIPoPoW), and Ergo technology.&nbsp;</p>
<p>In Hoskinson’s opinion, such upgrades could make BCH “the fastest and most useful” proof of work chain out there.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Hypothetical Poll:<br><br>Would you like to see Bitcoin Cash become a Cardano Partnerchain upgraded with Useful Proof of Work Leios, NiPoPoWs, and Ergo tech, thus being the fastest and most useful proof of work chain ever built?</p>— Charles Hoskinson (@IOHK_Charles) <a href="https://twitter.com/IOHK_Charles/status/1786771177588871586?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 4, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>At press time, the poll — which still has six days to run — had been voted on more than 11,800 times. Some 66% of the voters want to see the Bitcoin Cash and Cardano partnership become a reality.</p>
<p>A day before putting up the poll, <a href="https://crypto.news/tag/charles-hoskinson/" target="_blank" rel="noopener noreferrer nofollow">Hoskinson</a> took to X, asking members of the Bitcoin Cash community to clue him in on what was going on on the development side of BCH and what some of the network’s near-term priorities were.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">I'm curious about Bitcoin Cash's roadmap. Can anyone from the Bitcoin Cash community point me to what's happening on the Dev side and some of the near-term priorities?</p>— Charles Hoskinson (@IOHK_Charles) <a href="https://twitter.com/IOHK_Charles/status/1786483545197674964?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 3, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>Hoskinson’s public interest in BCH comes on the heels of an altercation with MicroStrategy chairman and Bitcoin (<a href="https://crypto.news/price/bitcoin/" target="_blank" rel="noopener noreferrer nofollow">BTC</a>) maximalist Michael Saylor.&nbsp;</p>
<p>You might also like: <a href="https://crypto.news/tether-ceo-responds-to-alleged-bitfinex-database-attack-from-f-society/" rel="noopener noreferrer nofollow"> Tether CEO responds to alleged Bitfinex database attack from ‘F Society’ </a></p>
<p>The difference in opinion cropped up after Saylor stated that altcoins like Cardano, Solana (<a href="https://crypto.news/price/solana/" target="_blank" rel="noopener noreferrer nofollow">SOL</a>), Ripple (<a href="https://crypto.news/price/xrp/" target="_blank" rel="noopener noreferrer nofollow">XRP</a>), and <a href="https://crypto.news/price/bnb/" target="_blank" rel="noopener noreferrer nofollow">BNB</a> will be classified as <a href="https://crypto.news/michael-saylor-ethereum-altcoins-are-unregistered-crypto-securities/" target="_blank" rel="noopener noreferrer nofollow">unregistered</a> securities by the Securities and Exchange Commission (SEC) in the summer.&nbsp;</p>
<p>Saylor also reportedly claimed that such altcoins will never be accepted by Wall Street in the manner Bitcoin has, following the SEC’s approval of spot Bitcoin ETFs in January.</p>
<p>Hoskinson fired back at Saylor on X, making it clear that Cardano can handle whatever comes its way. With a hint of sarcasm, the Cardano founder suggested Bitcoin maximalists had a tendency to look down on other cryptocurrencies, considering all of them “illegal and a scam.”</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Bitcoiners: "Why is Charles attacking Bitcoin? Altcoiners are so Toxic."<br><br>Bitcoin Maxi's: "Literally everything but Bitcoin is illegal and a scam" <a href="https://t.co/Fd0fYyLWjn" target="_blank" rel="noopener noreferrer nofollow">https://t.co/Fd0fYyLWjn</a></p>— Charles Hoskinson (@IOHK_Charles) <a href="https://twitter.com/IOHK_Charles/status/1786406209756737741?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 3, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>Bitcoin Cash came into <a href="https://www.forbes.com/advisor/investing/cryptocurrency/bitcoin-cash/" target="_blank" rel="noopener noreferrer nofollow">existence</a> in 2017 following a prolonged and sometimes heated dispute within the Bitcoin community about how to scale the blockchain.&nbsp;</p>
<p>Bitcoin community members consider the cryptocurrency “digital gold” and emphasize its security and decentralization. They are less worried about the potential high fees and the limitations of using Bitcoin for payments.</p>
<p>On the other hand, supporters of Bitcoin Cash perceive their project primarily as digital cash. They believe BCH can compete effectively in payments without compromising its core properties or principles.</p>
<p>Read more: <a href="https://crypto.news/btce-founder-pleads-guilty-laundering-stolen-bitcoin/" rel="noopener noreferrer nofollow"> BTC-e founder pleads guilty to laundering stolen Bitcoin </a></p>

Cardano’s Charles Hoskinson mulls partnership with Bitcoin Cash

crypto.news

Other articles published on May 6, 2024

Super PACs Surpass $100 Million in Fundraising for 2024 U.S. Elections

Is XRP's Bull Run Imminent? Analyst Reveals Key Levels Amidst Legal Developments

Pepe Price Prediction: PEPE Soars 22% In A Week As This Multi-Chain Meme Coin Offers Investors La...

Block Launches $1.5 Billion Bond Offering

Decade-old Bitcoin whale wakes up, Brace for market shake up?

Clearer Regulations? Australian Watchdog Wins First Crypto Non-Cash Payment Case

Join our free newsletter for daily crypto updates!