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Charles Hoskinson Creates “Hypothetical” Ballot Asking If Cardano Ought to Combine With Bitcoin Money, 67% Of The Voters Assist The Concept

by cryptostandard
in Bitcoin
Reading Time: 3 mins read
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A “hypothetical” X ballot by Charles Hoskinson asking the crypto neighborhood in the event that they’d prefer to see a Bitcoin Money and Cardano integration has acquired 67.7% voting in favor of the thought.

“Would you prefer to see Bitcoin Money turn out to be a Cardano Partnerchain upgraded with Helpful Proof of Work Leios, NiPoPoWs, and Ergo tech,” Hoskinson requested within the poll. 

This potential collaboration may result in “the quickest and most helpful proof of labor chain ever constructed,” the Cardano founder added. Many supported the thought, with the ballot receiving 13,857 votes as of Might 6, 2:20 a.m. EST.

Overthrowing Bitcoin? Charles Hoskinson Says Cardano Set to Become the Next Best Crypto - Blockchain.News

Cardano And Bitcoin Money Integration Particulars Unclear

Largest Lab founder and CTO, Ben Scherrey, shared his help of the potential integration. “ I’ve at all times thought there was some pure synergy between the 2 chains [Cardano and Bitcoin Cash] given the shared utxo mannequin that permits for prime scalability and decentralization,” he stated. 

I’ve at all times thought there was some pure synergy between the 2 chains given the shared utxo mannequin that permits for prime scalability and decentralization.

— Ben Scherrey 🌻 (@proteusguy) May 5, 2024

Regardless of the neighborhood help, how the mixing between the 2 networks will occur stays unclear. Bitcoin Money may turn out to be a “partnerchain,” as talked about in Hoskinson’s put up.

On this state of affairs, Bitcoin Money must be bridged to the Cardano community indirectly. Even when the technical features of the integrations are outlined, builders and stakeholders would nonetheless have to succeed in consensus on the choice.

Charles Hoskinson Praises Upcoming Upgrades In Response To Bitboy Crypto Critic

Hoskinson’s ballot comes as Cardano prepares for the launch of two main upgrades this 12 months. This consists of the “Chang” onerous fork in addition to a shift to a brand new proof of stake consensus mannequin known as Ouroboros Leios.

The pending upgrades had been praised by Hoskinson in a response to an Apr. 7 video posted by influencer Ben Armstrong. Within the video, Armstrong referred to Cardano as “useless.” 

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Tags: BitcoinBitcoin NewsCardanoCASHCharlescreatesCrypto NewsCrypto StandardCrypto UpdatesHoskinsonHypotheticalIdeaintegrateLatest Bitcoin NewspollSupportvoters
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