Bitcoin Cash

Cardano

Bitcoin

Elon Musk

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/cardano-considers-integrating-bitcoin-cash/" data-wpel-link="internal">Cardano Considers Integrating Bitcoin Cash</a><br></p>
<p class="p1" style="text-align: justify">Blockchain developments continue to capture attention. Cardano founder Charles Hoskinson recently asked the crypto community on social media platform X if they would like to see an integration of Cardano and <a href="https://en.coin-turk.com/bitcoin-market-predictions-will-the-bullish-trend-continue/" data-wpel-link="internal">Bitcoin</a> Cash. The poll received over 12,000 votes in the first 24 hours, with 66.3% in early majority supporting the proposal.</p> 
<h2 class="p1" style="text-align: justify" id="hoskinson-s-noteworthy-move">Hoskinson’s Noteworthy Move</h2> 
<p class="p1" style="text-align: justify">Regarding the matter, Charles Hoskinson stated that the poll was hypothetical. However, as Elon Musk has shown since acquiring the platform formerly known as Twitter, it is possible to use the platform as a guiding point for decision-making. Hoskinson commented on the matter:</p> 
<blockquote> 
 <p class="p1" style="text-align: justify">“Would you like to see Bitcoin Cash become an updated Cardano Joint Chain with Useful Proof of Work Leios, NiPoPoWs, and Ergo tech, thus becoming the fastest and most useful proof of work network ever created?”</p> 
</blockquote> 
<p class="p1" style="text-align: justify">Ben Scherrey, founder and CTO of Blockchain firm Biggest Lab, published a favorable comment on the process, stating:</p> 
<blockquote> 
 <p class="p1" style="text-align: justify">“Considering the high scalability and decentralized governance allowed by the shared UTXO model, there has always been a natural synergy between the two chains.”</p> 
</blockquote> 
<p><img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-348024" src="https://coin-turk.com/wp-content/uploads/2024/05/charles.jpg" alt="" width="500" height="292"></p> 
<h2 class="p1" style="text-align: justify" id="what-s-happening-on-the-cardano-front">What’s Happening on the Cardano Front?</h2> 
<p class="p1" style="text-align: justify">The community seems supportive of the idea of Bitcoin Cash and Cardano integration, yet how such a partnership would form and function remains somewhat unclear. On the technology side, Hoskinson used the term joint chain. This seems to imply that Bitcoin Cash would need to be bridged or cross-chained in some way to work with proposed upgrades.</p> 
<p class="p1" style="text-align: justify">Assuming both development teams can agree on the technical aspects of the partnership, there still needs to be a consensus among stakeholders and developers. Hoskinson’s statement on social media comes at a time when Cardano is preparing for two major upgrades this year. The company is gearing up for the Chang hard fork upgrade planned for the second quarter of 2024, along with a new proof-of-stake model called Ouroboros Leios.</p> 
<p class="p1" style="text-align: justify">The pending upgrades were praised by Hoskinson in response to a video published by crypto phenomenon Ben Armstrong on April 7. In the video, Armstrong referred to Cardano as dead.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/cardano-considers-integrating-bitcoin-cash/" data-wpel-link="internal">Cardano Considers Integrating Bitcoin Cash</a></h5>

Cardano Considers Integrating Bitcoin Cash

Table of Contents

COINTURK NEWS

Alte articole publicate pe 6 mai 2024

Dormant Whale Awakens After 10 Years to Transfer BTC Worth $43.94M as Bitcoin Post-Halving ‘Dange...

Worldcoin's Price Soars 20% Following Falling Wedge Breakout

Visa Debunks Stablecoin Data Noise: Unveils Crucial Insights on Crypto Coins

Litecoin Bottoms Out From Monthly Lows: Bullish Trend On The Horizon

All spot Bitcoin ETFs see inflows, analyst doubts dynamics will repeat

SEC Targets Robinhood’s Crypto Division (HOOD): A Deep Dive into the Regulatory Clash Over Crypto...

Join our free newsletter for daily crypto updates!