ZyCrypto
2025-03-30 02:05:53

Hoskinson Reveals Cardano’s Push to Integrate with Dogecoin, Chainlink, Bitcoin

Cardano founder Charles Hoskinson has revealed ongoing efforts to integrate with major blockchain ecosystems, including Dogecoin, Chainlink, and Bitcoin, that could expand Cardano’s reach and use cases. Speaking during a Friday interview with Gokhshtein Media, Hoskinson disclosed that discussions with Chainlink co-founder Sergey Nazarov are progressing, however, emphasizing that integration will take time due to technical challenges. “I spent last night with Sergey Nazarov from Chainlink… and I asked, ‘Hey, what about integrating Chainlink with Cardano?’ He said, ‘Yeah, yeah, we’re working on it with you guys, but your stack is a bit unusual, so it’ll take some time,’” Hoskinson told David. Chainlink is reportedly developing a more generalized Oracle solution tailored for UTXO-based DeFi applications rather than focusing solely on Cardano. The collaboration extends beyond Cardano, encompassing the broader UTXO-based ecosystem, which includes Bitcoin, Litecoin, and Dogecoin. He also touched on the network’s push into Bitcoin . Notably, Cardano has been advancing its integration with Bitcoin through BitcoinOS, a system enabling trustless BTC transfers via the BOS Grail Bridge. This initiative aims to tap into Bitcoin’s $1.7 trillion ecosystem, bridging its liquidity with Cardano’s DeFi capabilities to enhance interoperability, scalability, and adoption. Cardano’s Lace wallet also supports Bitcoin, providing seamless multichain asset management. Hoskinson further hinted at potential collaborations with Dogecoin but emphasized that discussions are still in their infancy. “They seem open and willing… but we need to determine what makes sense,” he stated. While details remain scarce, integrating Dogecoin into Cardano’s ecosystem could enhance liquidity and expand its use beyond simple transactions. Dogecoin has been widely used for payments, tipping, and microtransactions due to its low fees and fast transaction times. Major companies like Tesla and Newegg accept it for purchases. Another key topic in the interview was Bitcoin’s potential role in national strategic reserves. Hoskinson mentioned that U.S. lawmakers, including Senator Cynthia Lummis and former President Donald Trump, are reportedly exploring adding Bitcoin to the country’s reserve assets. However, he acknowledged that details remain uncertain. There were also rumors that ADA might be included in such reserves. Hoskinson addressed these speculations, saying, “I woke up to 150 messages saying, ‘Congrats, bro ADA is up 70% and in the reserve.’ And I was like, ‘Okay, well, that’s awesome—but I didn’t know about it.” Notably, Cardano’s UTXO-based transactions finalize in 20 to 40 seconds. The base layer can process around 250 TPS, and scalability improvements like Hydra aim for 1 million TPS. As of Friday, the network had processed over 110 million transactions, with fees averaging less than 25 cents per transaction. Thus, if integrated with other networks like Bitcoin or Dogecoin, Cardano’s efficient UTXO model could enhance transaction throughput, reduce fees, and improve scalability for broader blockchain interoperability.

Holen Sie sich Crypto Newsletter
Lesen Sie den Haftungsausschluss : Alle hierin bereitgestellten Inhalte unserer Website, Hyperlinks, zugehörige Anwendungen, Foren, Blogs, Social-Media-Konten und andere Plattformen („Website“) dienen ausschließlich Ihrer allgemeinen Information und werden aus Quellen Dritter bezogen. Wir geben keinerlei Garantien in Bezug auf unseren Inhalt, einschließlich, aber nicht beschränkt auf Genauigkeit und Aktualität. Kein Teil der Inhalte, die wir zur Verfügung stellen, stellt Finanzberatung, Rechtsberatung oder eine andere Form der Beratung dar, die für Ihr spezifisches Vertrauen zu irgendeinem Zweck bestimmt ist. Die Verwendung oder das Vertrauen in unsere Inhalte erfolgt ausschließlich auf eigenes Risiko und Ermessen. Sie sollten Ihre eigenen Untersuchungen durchführen, unsere Inhalte prüfen, analysieren und überprüfen, bevor Sie sich darauf verlassen. Der Handel ist eine sehr riskante Aktivität, die zu erheblichen Verlusten führen kann. Konsultieren Sie daher Ihren Finanzberater, bevor Sie eine Entscheidung treffen. Kein Inhalt unserer Website ist als Aufforderung oder Angebot zu verstehen