Cardano founder Charles Hoskinson initiated a poll on social media platform X on May 4th, asking the community for their opinions on integrating Bitcoin Cash. Within the past two days, the survey has received over 13,000 votes, with supporters currently leading with a temporary vote rate of 67.4%.
Integrating Cardano with Bitcoin Cash?
Support and Opposition
The always underestimated Cardano
A few days ago, Cardano founder Charles Hoskinson proposed a discussion on integrating Cardano with Bitcoin Cash through a voting feature on X:
“Do you wish to see Bitcoin Cash become Cardano’s ‘Partnerchain,’ upgraded through useful proof-of-work technologies such as Leios, non-interactive proof-of-work NiPoPoWs, and Ergo, becoming the fastest and most efficient PoW chain to date?”
With approximately 13,000 votes so far, 67.5% of voters support this proposal, equivalent to nearly 9,200 votes.
In other words, community members generally support the proposed technological integration by Hoskinson. However, the specific form and operation of the partnership are still unclear.
Additionally, if the main teams of both protocols were to reach an agreement on the technical aspects, consensus would still need to be reached among stakeholders and developers.
Ben Scherrey, the founder of blockchain company Biggest Lab and a supporter of this proposal, expressed optimism:
“A shared model will enable high scalability and increase decentralization, naturally enhancing both.”
On the other hand, some community members oppose this proposal and claim that Bitcoin Cash is disappearing, with no reason for Cardano to be buried alongside it:
“Imagine the future of Bitcoin Cash. ADA is seeking short positions.”
It is reported that this vote is also considered to be related to Cardano’s upcoming “Chang hard fork,” expected to occur in the second quarter of this year, introducing the concept of community governance to the blockchain.
Despite being one of the top ten public chains by market capitalization, Cardano has faced criticism due to its limited product releases and underwhelming coin price performance.
Previously, Forbes research team and on-chain analyst Ignas mentioned Cardano in a “crypto zombie” list, referring to the popularity of Cardano’s transactions being solely based on founder Charles Hoskinson.
Earlier this year, BitMEX founder Arthur Hayes also criticized Cardano for its lack of ecosystem and the absence of any noteworthy dApps:
“What popular dApps have been launched through Cardano? None. That’s the real reason ADA is shit.”
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Charles Hoskinson