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- Cardano (ADA) founder Charles Hoskinson has initiated a noteworthy poll about Bitcoin Cash (BCH).
- In a social media post dated May 5, Hoskinson proposed integrating Bitcoin Cash with certain protocols into the Cardano blockchain.
- Hoskinson’s claim of making Bitcoin Cash the fastest and most useful Proof of Work (PoW) blockchain so far has caught the attention of the community.
Cardano’s founder Charles Hoskinson proposes a community vote to integrate Bitcoin Cash into the Cardano blockchain, potentially making it the fastest and most useful PoW blockchain to date.
Hoskinson’s Proposal for Bitcoin Cash
Charles Hoskinson, in his social media post on May 5, proposed a community vote for Bitcoin Cash. He suggested integrating Bitcoin Cash with a set of protocols into the Cardano blockchain. His proposition was presented to the community with the following words: “Would you like to see Bitcoin Cash become an upgraded Cardano Partnerchain with Useful Proof of Work Leios, NiPoPoWs, and Ergo technology, thus becoming the fastest and most useful PoW blockchain ever created?”
Community Response to the Proposal
The community has shown significant interest in Hoskinson’s proposal. So far, 14,000 people have participated in the week-long poll, with 68% voting in favor of the “yes” option. However, this proposal has not had a noticeable impact on the ADA and BCH prices.
Crypto Market Reaction
According to CoinGecko data, ADA has shown a 1.8% increase in the last 24 hours, while BCH has gained 2.8% in value. The cryptocurrencies are currently trading at $0.46 and $472, respectively.
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Conclusion
While the community’s response to Hoskinson’s proposal has been largely positive, it remains to be seen how this potential integration of Bitcoin Cash into the Cardano blockchain will impact the broader crypto market. As always, investors should keep a close eye on developments and make informed decisions.
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