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Home » Charles Hoskinson Reveals Vision for Bitcoin Cash to Function as a Cardano Sidechain Using Proof of Work Leios, NiPoPoWs, and Ergo Technology
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Charles Hoskinson Reveals Vision for Bitcoin Cash to Function as a Cardano Sidechain Using Proof of Work Leios, NiPoPoWs, and Ergo Technology

By adminMay. 6, 2024No Comments2 Mins Read
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Charles Hoskinson Reveals Vision for Bitcoin Cash to Function as a Cardano Sidechain Using Proof of Work Leios, NiPoPoWs, and Ergo Technology
Charles Hoskinson Reveals Vision for Bitcoin Cash to Function as a Cardano Sidechain Using Proof of Work Leios, NiPoPoWs, and Ergo Technology
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Charles Hoskinson is exploring the possibility of integrating Bitcoin Cash with Cardano technologies, such as Proof of Work Leios, NiPoPoWs, and Ergo. This potential partnership aims to create the fastest and most efficient proof of work network. In a recent update, Hoskinson openly criticized the Bitcoin community for its hostility, while praising the more welcoming nature of the Bitcoin Cash community. This background sets the stage for his latest proposal: a potential merger between Bitcoin Cash and Cardano. Hoskinson shared a hypothetical poll, sparking discussions about turning Bitcoin Cash into a “Cardano Partnerchain” with enhanced capabilities. The integration would leverage new blockchain technologies and aim to be the fastest and most useful proof of work chain ever built. Ben Scherrey, founder and CTO of Blockchain firm Biggest Lab, has emphasized the “natural synergy” between Bitcoin Cash and Cardano, particularly highlighting the shared UTXO model and suggesting improvements in scalability and decentralized governance. While the concept has garnered support, the precise nature and mechanics of such an integration are yet to be defined. As Cardano prepares for pivotal updates, including the Chang hard fork and the introduction of a new proof-of-stake protocol, Ouroboros Leios, in 2024, consensus among stakeholders and developers becomes increasingly crucial. The integration talks come at a strategic moment, pointing to substantial future developments within the Cardano ecosystem. Market responses are cautious, with Cardano (ADA) currently trading at $0.4598, reflecting a slight weekly decrease of 0.40% but a marginal daily increase of 0.01%. The ongoing dialogue between the Bitcoin Cash and Cardano communities, guided by Hoskinson’s vision, suggests a transformative future for both networks, potentially culminating in the creation of the fastest and most robust proof of work blockchain ever devised.

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