The cryptocurrency world is witnessing a new chapter with the revelations made by Charles Hoskinson, the founder of Cardano.
During a recent interview with Gokhshtein Media, Hoskinson discussed the ongoing progress towards Cardano’s deeper integration with some of the major blockchain ecosystems, including Dogecoin, Chainlink, and Bitcoin. These partnerships have the potential to significantly expand the use cases and reach of the Cardano platform.
A conversation with Sergey Nazarov, co-founder of Chainlink, illustrates these efforts.
Hoskinson shared details about a recent conversation with Nazarov. “I spent last night with Sergey Nazarov from Chainlink… and I asked, ‘Hey, how about integrating Chainlink with Cardano?’ He said, ‘Yeah, yeah, we’re working on it with you guys, but your stack is a little unusual, so it’s going to take some time,’” Hoskinson revealed during the interview.
In addition to enhancing the oracle system to support DeFi applications, Chainlink plans to develop more comprehensive solutions that benefit not only Cardano but also other UTXO-based ecosystems such as Bitcoin, Litecoin, and Dogecoin.
This multi-faceted approach promises to enrich interoperability and efficiency across platforms.
On the Bitcoin front, Cardano is moving forward with integration with BitcoinOS and the BOS Grail Bridge, a system that facilitates BTC transfers without the need for trusted intermediaries.
This project not only aims to tap into the vast liquidity of the Bitcoin market, but also integrates this capability with Cardano’s DeFi capabilities, boosting the system’s scalability and adoption.
Hoskinson also mentioned preliminary discussions about a possible integration with Dogecoin.
“They seem open and willing… but we need to determine what makes sense,” he commented. The inclusion of Dogecoin, known for its fast transactions and low fees, could further strengthen Cardano’s value proposition by expanding its utility beyond basic transactions.
Another point highlighted was the possibility of Bitcoin and even ADA being considered for national strategic reserves, a hot topic among lawmakers in the United States.
“I woke up to 150 messages saying, ‘Congrats, bro, ADA is up 70% and it’s in the reserve.’ And I was like, ‘Okay, well, that’s awesome — but I didn’t know about that,’” Hoskinson shared about the rumor.