The founder of Cardano, Charles Hoskinson, recently discussed the potential of a merger between Cardano (ADA) and Bitcoin Cash (BCH). In a YouTube conversation with Bitcoin Cash’s proponent, Roger Ver, Hoskinson suggested that the two cryptocurrencies could bring together their respective communities and combine their technologies to create a new blockchain platform. He noted that such a merger could help resolve longstanding issues, such as scalability and security problems, that are common to both cryptocurrencies.
Hoskinson’s idea of a merger is based on the concept of a “blended system”, where both ADA and BCH will be used as native tokens. He believes that this would not only lead to more efficient operations but also stoke up a healthy competition between the two tokens. However, Ver expressed some concerns about this proposal, particularly in relation to governance issues. Despite this, the conversation signifies a growing trend in the crypto industry towards consolidation and collaboration, with the aim of enhancing efficiency, security, and scalability.
