Introduction
Charles Hoskinson, the founder of Cardano, has hinted at a possible partnership with Bitcoin Cash. This move could have significant implications for both networks.
Benefits for Bitcoin Cash
Hoskinson believes that a partnership would upgrade Bitcoin Cash with:
- Faster transaction processing
- More efficient smart contract functionality
- Enhanced scalability
Synergies Between Chains
Ben Scherrey, founder of Biggest Lab, supports the partnership, citing the shared UTXO model between the two chains. This model enables high scalability and decentralization.
Unclear Concept
However, the exact nature of the “partnerchain” concept is still unclear, as Cardano and Bitcoin Cash use different consensus mechanisms.
Cardano’s Upcoming Upgrades
In addition to the potential partnership, Cardano is also set for two major upgrades:
Chang Hard Fork
- Promotes decentralized governance
- Gives the community more control
Ouroboros Leios Protocol
- Enhances scalability and efficiency
- Moves Cardano closer to solving the blockchain trilemma
