Bitcoin Cash

Cardano

Ergo

Bitcoin

Partner

<p>Cardano’s (ADA) founder, <a href="https://www.newsbtc.com/news/cardano/cardano-growing-organically-like-bitcoinada-boom/" rel="nofollow noopener" target="_blank">Charles Hoskinson</a>, recently raised the possibility of Cardano partnering with <a href="https://www.newsbtc.com/news/bitcoin-cash/bitcoin-cash-bch-15-coinbase-futures-listing/" rel="nofollow noopener" target="_blank">Bitcoin Cash</a>. He noted how significant this partnership could be for Bitcoin Cash as it would put it ahead of networks like Bitcoin.&nbsp;</p> 
<h2 id="what-cardano-s-potential-partnership-with-bitcoin-cash-is-about">What Cardano’s Potential Partnership With Bitcoin Cash Is About</h2> 
<p>Hoskinson conducted a “hypothetical poll” on his X (formerly Twitter) <a href="https://x.com/IOHK_Charles/status/1786771177588871586" rel="nofollow" target="_blank">platform</a>, asking his followers if they would like to see Bitcoin Cash become a Cardano “partnerchain.” He noted that this partnership would upgrade Bitcoin Cash with “Useful <a href="https://bitcoinist.com/amazon-files-proof-of-work-patent-using-cryptography/">Proof of Work</a> Leios, NiPoPoWs, and Ergo tech.”</p> 
<p>Hoskinson further claimed that the partnership would make Bitcoin Cash the “fastest and most useful <a href="https://bitcoinist.com/bitcoin-proof-of-work-dominance-rises-to-94/">proof of work chain</a> (PoW) ever built.” At the time of writing, over 13,000 people have voted on the poll, with 67.7% voting in favor of the partnership. Ben Scherrey, founder and CTO of blockchain firm Biggest Lab, also supports the move, noting how both chains share similarities.&nbsp;</p> 
<p>He stated in an <a href="https://x.com/proteusguy/status/1787056066762850505" rel="nofollow" target="_blank">X post</a> that he “always thought there was some natural synergy between the two chains given the shared UTXO model that allows for high scalability and decentralization.” Meanwhile, it is worth noting that <a href="https://www.newsbtc.com/news/bitcoin-cash/bitcoin-cash-bch-xrp/" rel="nofollow noopener" target="_blank">Bitcoin Cash</a> is already known to have an edge over Bitcoin as it is faster, cheaper, and more scalable.&nbsp;</p> 
<p>Therefore, Hoskinson’s claim that Bitcoin Cash will become the fastest and most useful PoW may be valid. Upgrading Bitcoin Cash with PoW Leios and Ergo tech means the network can process transactions faster and have a more efficient smart contract functionality. However, the concept of making Bitcoin Cash a <a href="https://bitcoinist.com/cardano-starts-2024-with-a-bang/">Cardano</a> “partnerchain” is still unclear, considering that they operate different <a href="https://bitcoinist.com/proof-of-stake-market-cap-takes-a-7-hit/">consensus mechanisms</a>.&nbsp;</p> 
<h2 id="cardano-also-set-to-undergo-two-major-upgrade">Cardano Also Set To Undergo Two Major Upgrade</h2> 
<p>Cardano is also set to experience two significant upgrades. One is the <a href="https://bitcoinist.com/cardano-new-era-decentralized-governance/">Chang hard fork</a>, which the network plans to carry out this quarter. This will promote decentralized governance on the blockchain as Cardano shifts to a community-driven governance model. Given the <a href="https://www.newsbtc.com/news/bitcoin/bitcoin-100000-cardano-dead/#:~:text=Why%20Cardano%20Is%20Dead,non%2Dexistent%E2%80%9D%20on%20it." rel="nofollow noopener" target="_blank">criticism</a> that Hoskinson has prevented the network from progressing, this could change the outlook of the network.&nbsp;</p> 
<p>Specifically, Tom Dunleavy, Partner and Chief Investment Officer (CIO) at MV Capital, once called <a href="https://bitcoinist.com/cardano-bitcoin-can-never-like-ada-eth/">Hoskinson</a> a “megalomaniac” who is “unwilling to change or adapt to the ecosystem.” Therefore, with the community having more control, there could be changes in the network that could help it adapt to the ecosystem.&nbsp;</p> 
<p>The second upgrade is the introduction of the <a href="https://bitcoinist.com/cardano-two-major-upgrades-hoskinson/">Ouroboros Leios</a> protocol, which will also take place this year. This upgrade is expected to enhance Cardano’s scalability and efficiency. Hoskinson noted that this development is a big step towards solving the <a href="https://bitcoinist.com/breaking-down-the-scalability-trilemma/">blockchain trilemma</a> of security, scalability, and decentralization.&nbsp;</p> 
<p><img loading="lazy" decoding="async" class="aligncenter size-medium" src="https://www.tradingview.com/x/c6z6kYWs/" alt="Cardano price chart from Tradingview.com" width="3286" height="1576"></p>

Cardano Founder Considers Partnership With Bitcoin Cash – What Is It About?

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