Cardano (ADA) Founder Proposes Integration of Surprise Altcoin into Cardano’s Ecosystem

ADA

ADA/USDT

$0.2824
-5.65%
24h Volume

$585,873,014.56

24h H/L

$0.3027 / $0.2785

Change: $0.0242 (8.69%)

Long/Short
73.0%
Long: 73.0%Short: 27.0%
Funding Rate

+0.0021%

Longs pay

Data provided by COINOTAG DATALive data
Cardano
Cardano
Daily

$0.2809

-1.92%

Volume (24h): -

Resistance Levels
Resistance 3$0.3132
Resistance 2$0.2991
Resistance 1$0.2831
Price$0.2809
Support 1$0.2683
Support 2$0.1619
Support 3$0.1063
Pivot (PP):$0.2831
Trend:Downtrend
RSI (14):29.7
(01:59 PM UTC)
2 min read

Contents

1156 views
0 comments
  • Cardano (ADA) founder Charles Hoskinson has sparked discussions about the potential of converting Bitcoin Cash (BCH) into a “Cardano Partner Chain” with advanced blockchain technologies.
  • Currently, over 10,000 votes have been cast, with 65% supporting the proposal.
  • Hoskinson’s proposal aims to enhance the functionality of Bitcoin Cash as a proof of work chain by integrating it with Cardano’s technological features.

Cardano’s founder, Charles Hoskinson, has proposed an innovative idea to transform Bitcoin Cash (BCH) into a Cardano Partner Chain, a move that has garnered significant support from the crypto community.

Cardano’s Proposal for Bitcoin Cash

Charles Hoskinson, the founder of Cardano (ADA), has initiated discussions about the potential of converting Bitcoin Cash (BCH) into a “Cardano Partner Chain”. This proposal aims to enhance the functionality of Bitcoin Cash as a proof of work chain by integrating it with Cardano’s technological features. Currently, the proposal has received over 10,000 votes, with 65% in favour.

Bitcoin Cash’s Journey and Challenges

Bitcoin Cash, a fork from the original Bitcoin protocol, was launched in 2017 to address scalability issues by increasing the cryptocurrency block size. Over the years, it has developed a unique community and found its place in the digital asset world. Despite legal challenges faced by prominent supporter Roger Ver, the Bitcoin Cash community continues to be active with ongoing projects aimed at improving the network’s usability and adoption.

Hoskinson’s Interest in Bitcoin Cash

Hoskinson’s interest extends beyond this proposal. He recently expressed curiosity about Bitcoin Cash’s current developments and future roadmap. In another social media post, he asked the community to share details of ongoing projects and priorities in the BCH ecosystem.

Conclusion

This proposal by Hoskinson represents a potential turning point for Bitcoin Cash. If successful, the integration with Cardano’s advanced blockchain technologies could significantly enhance Bitcoin Cash’s functionality as a proof of work chain. However, the final decision will depend on the support and approval of the Bitcoin Cash community.

DK

David Kim

COINOTAG author

View all posts

Comments

Comments