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Cardano’s Founder Teases Partnership with Bitcoin Cash – What Lies Ahead?

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Cardano’s founder Charles Hoskinson recently suggested that Cardano could partner with Bitcoin Cash.

According to Hoskinson, this partnership with Bitcoin Cash is significant and will put Cardano ahead of other blockchains.

Notably, Bitcoin Cash is a hard fork from the original Bitcoin blockchain created to solve a dispute.

So, this proposed partnership if executed will be an integration of two unique blockchain systems.

What the Cardano and Bitcoin Cash Partnership Means

According to a poll on X, conducted by Hoskinson, he asked his followers if they would love to see Bitcoin Cash partner with Cardano.

bit cash

Source: X

As of 5:36 a.m. EST today, 15,516 people voted, and 68.8% cast their votes in favor of this proposition. However, 31.2% were against the idea of a partnership with Bitcoin Cash.

Also, Hoskinson noted that this partnership will upgrade Bitcoin Cash with useful Proof of Work mechanisms.

Additionally, he believes that this integration will make Bitcoin Cash become the fastest proof of work (PoW) blockchain ever created.

Reacting to the poll, the CTO of blockchain firm Biggest Lab, Ben Scherrey applauded the move.

According to Scherrey, the two chains have a natural connection based on their shared model. This model enables both Cardano and Bitcoin Cash enjoy high scalability and decentralization.

Notably, Bitcoin Cash is already faster and cheaper than the parent Bitcoin blockchain for transactions.

Therefore, Hoskinson’s claim that Bitcoin cash will become the fastest and most used PoW blockchain is quite possible.

Upgrading Bitcoin Cash with technologies such as PoW Leios and Ergo tech will increase the transaction speed.

However, both blockchains operate different consensus mechanisms so it might be quite difficult to integrate.

Cardano Set for Two Massive Upgrades

Meanwhile, Cardano is set for two major network upgrades. One of these upgrades is the Chang hard fork that is billed for this quarter.

This hard fork will boost decentralized governance on the blockchain as Cardano focuses on community-driven governance.

This upgrade comes amidst criticism that Cardano is lagging behind in terms of transactions and total value.

Also, the second upgrade for Cardano is the introduction of the Ouroboros Leios protocol slated for this year. According to the developers, it will enhance Cardano’s scalability and efficiency.

So, if these upgrades are successful completed, then Cardano could become more efficient and attract more users.

Also, Cardano investors are hopeful that the upgrades will have a positive effect on its price. Presently, ADA price today, at 9:14 a.m. EST is $0.45 with a 1.7% decline in the past 24 hours.

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