Cardano’s Charles Hoskinson mulls partnership with BTC Cash

Cardano founder Charles Hoskinson gave tips on teaming up with Bitcoin Cash (BCH).

On May 4, Hoskinson posted a poll on technology.

According to Hoskinson, such upgrades could make BCH the “fastest and most useful” proof of business chain.

Hypothetical Survey:

Would you like to see Bitcoin Cash become an upgraded Cardano Public Chain with Useful Proof-of-Work Leios, NiPoPoWs and Ergo technology, making it the fastest and most useful proof-of-work ever created?

— Charles Hoskinson (@IOHK_Charles) May 4, 2024

At press time, the poll, which was still running for six days, had received more than 11,800 votes. Approximately 66% of voters want the Bitcoin Cash and Cardano partnership to become a reality.

The day before conducting the survey, Hoskinson went to X and asked members of the Bitcoin Cash community to clue him in on what was going on on the development side of BCH and what some of the network’s near-term priorities were.

I’m curious about the roadmap for Bitcoin Cash. Can anyone from the Bitcoin Cash community tell me what’s going on on the Development side and some near-term priorities?

— Charles Hoskinson (@IOHK_Charles) May 3, 2024

Hoskinson’s interest in BCH follows a dispute with MicroStrategy president and Bitcoin (BTC) maximalist Michael Saylor.

The disagreement arose after Saylor announced that altcoins such as Cardano, Solana (SOL), Ripple (XRP) and BNB would be classified as unregistered securities by the Securities and Exchange Commission (SEC) in the summer.

Saylor also reportedly claimed that such altcoins would never be accepted by Wall Street like Bitcoin, following the SEC’s approval of spot Bitcoin ETFs in January.

Hoskinson responded to Saylor on X and made it clear that Cardano can handle anything that comes its way. Cardano’s founder sarcastically suggested that Bitcoin maximalists tend to belittle other cryptocurrencies, considering them “illegal and fraudulent.”

Bitcoiners: “Why is Charles attacking Bitcoin? Altcoinists are so toxic.”

Bitcoin Maxi’s: “Literally everything other than Bitcoin is illegal and fraudulent” https://t.co/Fd0fYyLWjn

— Charles Hoskinson (@IOHK_Charles) May 3, 2024

Bitcoin Cash emerged in 2017 after a long and sometimes heated debate within the Bitcoin community about how to scale blockchain.

Members of the Bitcoin community consider the cryptocurrency “digital gold” and emphasize its security and decentralized nature. They are less concerned about potential high fees and limitations of using Bitcoin for payments.

On the other hand, Bitcoin Cash supporters perceive their project primarily as digital cash. They believe that BCH can effectively compete in payments without compromising its core features or principles.