bitcoin
bitcoin

$93132.687161 USD

-2.06%

ethereum
ethereum

$3268.533961 USD

-0.74%

tether
tether

$0.998809 USD

-0.04%

xrp
xrp

$2.140674 USD

-3.43%

bnb
bnb

$670.855333 USD

2.52%

solana
solana

$181.904948 USD

0.43%

dogecoin
dogecoin

$0.304544 USD

-2.34%

usd-coin
usd-coin

$1.000076 USD

0.02%

cardano
cardano

$0.865596 USD

-2.26%

tron
tron

$0.247719 USD

0.93%

avalanche
avalanche

$35.863126 USD

-2.82%

chainlink
chainlink

$22.192758 USD

2.18%

toncoin
toncoin

$5.392910 USD

0.29%

shiba-inu
shiba-inu

$0.000021 USD

-1.27%

sui
sui

$4.124311 USD

-2.33%

Cryptocurrency News Articles

Charles Hoskinson Insists Cardano Shares a Similarity with XRP and the Pioneering Blockchain Network Bitcoin

Dec 23, 2024 at 04:06 pm

Bitcoin, Cardano, and the XRP Ledger are undoubtedly among the leading Layer 1 blockchains in crypto, but beyond that, it can be hard to discern

Charles Hoskinson Insists Cardano Shares a Similarity with XRP and the Pioneering Blockchain Network Bitcoin

Cardano founder insists on one similarity between ADA, XRP, and BTC

Despite their vast differences, Cardano, XRP, and Bitcoin are all considered to be leading Layer 1 blockchains in the crypto space. However, Cardano founder Charles Hoskinson recently highlighted one similarity between the three projects.

During a Sunday broadcast, Hoskinson expressed his belief that Bitcoin, Cardano, and XRP all have bright futures. He pointed out that the ecosystems around these blockchains are strong as they have managed to overcome several challenges and hurdles.

According to Hoskinson, projects that grow rapidly without being tested tend to collapse when they eventually face these tests. He cited Terra (LUNA) and FTX as prime examples.

Furthermore, Hoskinson’s statements came as he addressed infighting in the Cardano community, which has recently surfaced as the network pursues community governance. He addressed the matter in response to sentiments from influential community member Rick McCracken.

In the Sunday broadcast, Hoskinson addressed the matter as he discussed the recent infighting in the Cardano community. This surfaced as the network pursues community governance.

However, he dismissed claims that recent squabbles could affect Cardano’s ability to enter and maintain external partnerships. Hoskinson highlighted one similarity between Cardano, XRP, and Bitcoin.

According to him, Cardano is seeing more partnership opportunities than ever, specifically mentioning the network’s recent partnership with Bitcoin smart contract and interoperability solution provider, BitcoinOS, to unlock Bitcoin liquidity on the Cardano network.

Moreover, Hoskinson added that in 2025, the network is committed to putting itself out there. He noted that the blockchain will be participating in leading crypto conferences like Bitcoin 2025, Token 2049, Paris Blockchain Week, and Consensus 2025.

“Cardano will be there loud and proud,” he asserted.

News source:thecryptobasic.com

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Dec 23, 2024