Cardano Founder Charles Hoskinson’s Proposal to Integrate Bitcoin Cash Receives Criticism: Is Self-Destruction Imminent?
Cardano founder Charles Hoskinson launched a poll on social media platform X on May 4th to ask the community about their opinions on integrating Bitcoin Cash. Within two days, the survey has received over 13,000 votes, with supporters currently leading with a temporary vote rate of 67.4%.
Integrating Cardano and Bitcoin Cash?
Support and opposition
Cardano, which has always been underestimated
A few days ago, Cardano founder Charles Hoskinson proposed through the voting feature on X to discuss the integration of Cardano and Bitcoin Cash:
“Do you want to see Bitcoin Cash become Cardano’s ‘Partnerchain’ and upgrade through useful Proof of Work Leios, non-interactive Proof of Work NiPoPoWs, and Ergo technology, becoming the fastest and most efficient PoW chain to date?”
In the current situation, with a total of approximately 13,000 votes, 67.5% of voters support this proposal, which has received nearly 9,200 votes.
In other words, community members generally support Hoskinson’s proposed technical integration. However, despite this, the specific form and operation of the partnership relationship are still unclear.
In addition, if the main teams of the two protocols reach an agreement on the technical aspects, consensus still needs to be reached among stakeholders and developers.
As a supporter of this proposal, Ben Scherrey, the founder of the blockchain company Biggest Lab, expressed optimism about this:
“The sharing model will be able to achieve high scalability and improve decentralization, and there is a natural synergistic effect between the two.”
On the other hand, some community members express opposition, claiming that Bitcoin Cash is disappearing and Cardano has no reason to be buried together:
“Imagine the future of Bitcoin Cash, ADA is dying.”
It is reported that this vote is also considered to be related to Cardano’s upcoming “Chang Hard Fork”, which is expected to occur in the second quarter of this year, introducing the concept of community governance into the blockchain.
Even though Cardano is currently ranked among the top ten public chains in terms of market value, it has been criticized for its limited product launches and underwhelming token price performance.
Previously, Forbes research team and on-chain analyst Ignas mentioned Cardano in a list of “crypto zombies”, citing the popularity of Cardano’s transactions based solely on founder Charles Hoskinson.
Earlier this year, BitMEX founder Arthur Hayes also criticized Cardano for its lack of ecosystem and lack of notable dApps:
“What popular dApps have been launched through Cardano? None, that’s the real reason ADA is shit.”
ADA, Bitcoin Cash, Cardano, Charles Hoskinson.
