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- Cardano’s founder, Charles Hoskinson, recently hinted at a potential partnership with Bitcoin Cash, which could significantly enhance the latter’s network capabilities.
- Cardano is also set to undergo two major upgrades, including a hard fork and the introduction of the Ouroboros Leios protocol.
- These developments could potentially solve the blockchain trilemma of security, scalability, and decentralization.
Explore the potential partnership between Cardano and Bitcoin Cash, and discover how upcoming upgrades could revolutionize Cardano’s network.
Potential Partnership Between Cardano and Bitcoin Cash
Charles Hoskinson, the founder of Cardano (ADA), recently conducted a hypothetical poll on his X platform, asking his followers if they would like to see Bitcoin Cash become a Cardano “partnerchain.” This partnership could upgrade Bitcoin Cash with “Useful Proof of Work Leios, NiPoPoWs, and Ergo tech,” potentially making it the “fastest and most useful proof of work chain (PoW) ever built.” Over 13,000 people have voted on the poll, with 67.7% voting in favor of the partnership.
What This Partnership Could Mean for Bitcoin Cash
Bitcoin Cash is already known for its speed, affordability, and scalability, which gives it an edge over Bitcoin. The proposed partnership with Cardano could further enhance these features, making Bitcoin Cash even faster and more scalable. However, the concept of making Bitcoin Cash a Cardano “partnerchain” is still unclear, as they operate different consensus mechanisms.
Upcoming Upgrades for Cardano
Cardano is also set to undergo two significant upgrades. The first is the Chang hard fork, which aims to promote decentralized governance on the blockchain. This could change the network’s outlook, especially given the criticism that Hoskinson has prevented the network from progressing. The second upgrade is the introduction of the Ouroboros Leios protocol, expected to enhance Cardano’s scalability and efficiency.
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Conclusion
The potential partnership between Cardano and Bitcoin Cash could revolutionize the latter’s network capabilities. Additionally, the upcoming upgrades for Cardano could solve the blockchain trilemma of security, scalability, and decentralization, potentially making it a more robust and efficient blockchain network.
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