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Home » X Poll Sees Cardano Founder’s Suggestion for Bitcoin Cash Integration
X Poll Sees Cardano Founder's Suggestion for Bitcoin Cash Integration
X Poll Sees Cardano Founder's Suggestion for Bitcoin Cash Integration

X Poll Sees Cardano Founder’s Suggestion for Bitcoin Cash Integration

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By admin on 2024-05-05 Blockchain, Cryptocurrency

Cardano’s founder, Charles Hoskinson, recently conducted a “hypothetical poll” on the X social media platform, asking the crypto community if they would support an integration between Cardano and Bitcoin Cash. Within the first 24 hours, the poll received over 12,000 votes, with 66.3% of the early majority voting “Yes” to the proposal.

Although Hoskinson referred to the poll as hypothetical, he highlighted how Elon Musk has utilized the X platform to make decisions. This suggests that the platform could be a valuable tool for decision-making.

Ben Scherrey, the founder and chief technology officer of blockchain firm Biggest Lab, expressed support for the integration, emphasizing the natural synergy between the two chains due to their shared UTXO model, which enables high scalability and decentralization.

While the crypto community seems to be in favor of a Bitcoin Cash and Cardano integration, the specific details of how this partnership would be formed and operated remain unclear.

On the technical side, Hoskinson mentioned the term “partnerchain,” indicating that Bitcoin Cash (BCH) would need to be bridged or cross-chained in some way to work with the proposed upgrades.

Assuming both development teams can agree on the technical aspects, there would still need to be a consensus among stakeholders and developers.

Hoskinson’s engagement on social media coincides with Cardano’s preparation for two major upgrades in 2024. The company is getting ready for the “Chang” hard fork, scheduled for the second quarter of 2024, as well as the introduction of a new proof-of-stake model called “Ouroboros Leios.”

Hoskinson praised the upcoming upgrades in response to a video posted by crypto influencer Ben “Bitboy” Armstrong, who referred to Cardano as “dead.”

Related:
Experienced cryptocurrency industry figures have criticized the US Department of Justice for targeting Roger Ver, a prominent figure in the crypto space, a decade after he left the US.

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