- Cardano founder Charles Hoskinson believes that Algorand ought to turn into a Cardano sidechain.
- Hoskinson provided to assist Algorand CTO John Woods along with his blockchain transition.
- The Cardano founder beforehand named Algorand as certainly one of his favourite crypto tasks.
Cardano founder Charles Hoskinson believes fellow blockchain community Algorand ought to turn into a Cardano sidechain. Hoskinson’s remark got here in response to a video from Algorand’s chief know-how officer (CTO), John Woods. Woods lately took to Twitter to speak in regards to the Algorand guess and the community’s future roadmap.
John Woods talked to his supporters about Algorand’s proof-of-stake consensus mechanism and described its superior options. Within the video, Woods suggested customers who selected to take part in Algorand staking to not run a staking node with greater than 50 million ALGO tokens on it. He additionally requested stakers to not centralize greater than 20% of their ALGO on one machine.
Charles Hoskinson replied to Woods’ tweet recommending Algorand turn into a Cardano sidechain. Cardano’s founder additionally provided his assist with the transition and instructed Algorand’s CTO that he could be out there anytime to assist with the method. The crypto neighborhood on Twitter had a combined response to Hoskinson’s supply.
The Cardano founder’s tweet has been seen by nearly half 1,000,000 customers. Some interpreted the supply as sarcastic and pointed to issues with Hoskinson’s community. Others identified that it could possibly be a real supply, on condition that Charles Hoskinson had beforehand expressed curiosity in Algorand and likewise praised its founder Silvio Micali for the work he had accomplished.
In a 2020 interview, Hoskinson named Algorand as certainly one of his 9 favourite crypto tasks. He stated on the time that Algorand and Cardano have been academically aggressive and grew up studying from one another. In a 2021 podcast with Lex Fridman, Hoskinson described the Algorand founder as a “sensible man” whose contribution to house was legendary.
