Earlier today, Cardano co-founder Charles Hoskinson reached out to Litecoin co-founder Charlie Lee on Twitter-armed with an invitation for a possible cross-chain collaboration.
I love the idea of testing cross chain communication between Litecoin and Cardano.
Hoskinson asked if still worked, to which Lee was quick to inform that "Litecoin doesn't offer customer support."
He added that a relevant person from the Litecoin Foundation-an organization that oversees development on the open-source project-will reach out to Hoskinson soon.
DaddyCool1991 is Litecoin Foundation's Projects Director and he will reach out to chat.
Cardano combines "Pioneering technologies to provide unparalleled security and sustainability to decentralized applications, systems, and societies," its site notes.
The project has seen significant developments in the past few months, such as its work on Shelley and the native Daedalus wallet.
Litecoin, on the other hand, spun off from Bitcoin in 2011; and has been long called the "Digital silver." It was technically very similar to Bitcoin but featured a decreased block generation time, a modified GUI, and a different hashing algorithm.
Litecoin's work on MimbleWimble is active and progressing, as CryptoSlate reported this week.
While there's no discussion or confirmation on what project Cardano or Litecoin would work on, some observers suggested MimbleWimble could feature on ADA. Peer-reviewed scalability frameworks-a Cardano feature-could also spiral out.
Cardano and Litecoin founders to discuss cross-chain collaboration
Publié le Jul 8, 2020
by Cryptoslate | Publié le Coinage
Coinage
Mentionné dans cet article
Nouvelles récentes
Voir tout
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.