Cardano Founder Makes Surprising Bitcoin Statement

Charles Hoskinson, the founder of Cardano, recently addressed the cryptocurrency community with a statement regarding Bitcoin that generated significant interest. In a post on social media, he aimed to clarify any misconceptions surrounding his views on the flagship cryptocurrency.

Hoskinson emphasized his long-standing commitment to Bitcoin, citing his early contributions to Bitcoin education as part of his foundational role in the crypto space. Responding to a user’s suggestion that his recent political positions might be interpreted as a lack of support for Bitcoin, he expressed his genuine affection for the asset.

“I love Bitcoin, grew up with it, and founded the Bitcoin education project back in 2013,” Hoskinson remarked. He also expressed his discontent with certain Bitcoin maximalists, stating, “I dislike those who claim I should be imprisoned for creating an altcoin.”

Despite being a key figure in the development of Cardano—one of the prominent altcoins—Hoskinson’s early involvement with Bitcoin and his efforts to promote its understanding highlight his ongoing respect for the original cryptocurrency. Nevertheless, he strongly opposes the divisive attitudes exhibited by some vocal Bitcoin supporters.

In related news, Romain Pellerin, the CTO of Cardano developer Input Output Global, provided an update on the Babel fee mechanism. This innovative feature allows transaction fees to be settled in currencies other than ADA on Cardano, enhancing interoperability and user convenience.

Pellerin introduced the concept of “validation zones,” which enables the bundling and validation of related transactions, such as swap requests, as a single unit. This approach aims to facilitate a more versatile settlement process on Cardano by allowing multiple related transactions to be processed collectively. Additionally, new transaction fields for “requests” and “fulfillments” will empower users to express intentions, like swap offers, without needing to execute them immediately.