Will Bitcoin Cash become Cardano’s sidechain with Proof of Work Leios, NiPoPoWs and Ergo tech? Charles Hoskinson’s vision revealed

• Charles Hoskinson explores the integration of Bitcoin Cash with Cardano technologies including Proof of Work Leios, NiPoPoWs and Ergo.
• The potential partnership could create the fastest and most efficient proof-of-work network.

In a recent CNF update and subsequent posts on social media platforms such as X (formerly Twitter), Charles Hoskinson, founder of Cardano and CEO of IOHK, has has openly criticized the Bitcoin community for his hostility while praising the more welcoming nature of the Bitcoin Cash community.

This background sets the stage for his latest intriguing proposal: a potential merger between Bitcoin Cash and Cardano. Hoskinson shared a hypothetical survey, sparking discussions about transforming Bitcoin Cash into a “Cardano Partnerchain” with enhanced capabilities, leveraging new blockchain technologies such as Useful Proof of Work Leios, NiPoPoWs, and Ergo. For more details and if you would like to join the discussion, see Hoskinson’s tweet here.

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Exploring technological synergy

Responding to the proposed integration, Ben Scherrey, founder and CTO of Blockchain company Biggest Lab, highlighted the “natural synergy” between Bitcoin Cash and Cardano. He highlighted the shared UTXO model that both blockchains could leverage, suggesting improvements in scalability and decentralized governance.

However, while the concept has garnered support within the community, the precise nature and mechanisms of such integration have yet to be clearly defined. The term “cross-chain” suggests a complex technological mix that requires significant development work on the functionality of the cross-chain.

Future strategic developments

As Cardano prepares for crucial upgrades, 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 time, indicating substantial future developments within the Cardano ecosystem.

Market responses are cautious; at the latest, Cardano (ADA) is trading at $0.4598reflecting a slight weekly decline in 0.40% but a marginal daily increase of 0.01%. The price movements and potential impact of the integration are displayed in the chart below.

This 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 the fastest and most robust Proof of Work blockchain ever conceived.

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