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Cardano (ADA) Surpasses 90 Million Transactions as the Founder Proposes Bitcoin Cash (BCH) Integration

  • The article discusses Charles Hoskinson’s proposal for a potential integration between Cardano and Bitcoin Cash, which garnered significant community interest.
  • Amidst preparations for major upgrades, Cardano’s milestone of 90 million transactions underscores its growth trajectory and commitment to innovation.

In the ever-evolving landscape of cryptocurrency, discussions surrounding potential integrations and partnerships often ignite excitement and speculation among enthusiasts. Recently, Charles Hoskinson, the founder of Cardano, stirred the community with a thought-provoking proposal on the X social media platform, hinting at a possible integration between Cardano and Bitcoin Cash.

Hoskinson’s “hypothetical poll” garnered substantial attention, drawing over 12,000 votes within its first 24 hours. The poll presented a question that piqued the interest of many: “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?”

The initial response was notable, with a decisive 66.3% majority expressing support for the integration. Ben Scherrey, the founder and chief technology officer of blockchain firm Biggest Lab, voiced his enthusiasm for the idea, citing potential synergies between the two chains, particularly their shared UTXO model, which facilitates scalability and decentralization.

While the community’s sentiment appears favorable, questions linger about the practicalities of such a partnership. Hoskinson’s use of the term “partnerchain” implies a complex interplay between the two networks, possibly involving bridging or cross-chaining to enable seamless operation with the proposed upgrades.

Technical considerations aside, achieving consensus among stakeholders and developers is crucial for any meaningful collaboration to materialize. Despite the challenges, Hoskinson’s discourse coincides with Cardano’s preparations for significant upgrades in 2024, including the “Chang” hard fork and the introduction of “Ouroboros Leios,” a new proof-of-stake model.

Amidst skepticism from some corners of the crypto space, Hoskinson remains steadfast in his vision for Cardano’s evolution. Recent milestones, such as surpassing 90 million transactions on the network, underscore Cardano’s growing adoption and utility. This achievement aligns with the network’s trajectory towards innovation and scalability, epitomized by upcoming upgrades like Ouroboros Genesis and enhancements to the Plutus smart contract platform.

As Cardano navigates these transformative changes, the prospect of integrating with Bitcoin Cash adds another layer of intrigue to its narrative. While uncertainties abound, one thing is clear: Cardano’s ambition knows no bounds, propelling it towards a future defined by innovation, collaboration, and enduring value.