Cardano founder Charles Hoskinson believes that the arrival of DeFi in the Bitcoin ecosystem through the latest partnership between EMURGO and BitcoinOS will “eclipse” those seen in Ethereum and Solana.
A few days after Cardano and BitcoinOS collaborated To bring smart contract functionality to the Bitcoin network, Hoskinson is already making bold claims. In an October 25 tweet, the Cardano founder claimed that the decentralized financial ecosystem expected to permeate the Bitcoin network would dwarf that of Ethereum and Solana.
Hoskinson Teases DeFi on Bitcoin Network
The co-founder of Cardano tweeted that it intends to contribute to the full integration of DeFi on the Bitcoin network. To achieve this, it plans to hold training sessions for Bitcoin developers on using Aiken, a programming language and toolkit for developing and deploying smart contracts on the Cardano network.
Hoskinson noted that the training will help Bitcoin developers build and deploy DeFi applications compatible with both Cardano and Bitcoin and pay their transaction fees in Bitcoin. Notably, paying Bitcoin fees will be possible with Babel fees, an interoperability mechanism that allows network participants to pay fees on Cardano with other non-native blockchain coins.
Meanwhile, Hoskinson indicated he would resume teaching about Bitcoin as he did in 2013. He said he would restart the Bitcoin education project and produce a new course next year.
A sudden change of mind
Hoskinson’s comments on the development of the Bitcoin network came a few months after he attempted blockchain. He declared in a video in May that the crypto space no longer needed Bitcoin to survive. However, he believes the asset cannot survive without the industry.
Additionally, Hoskinson said earlier this week that Cardano would overtake the first-born crypto. He also took a look at Ethereum, predicting a similar scenario.
However, the recent partnership between Cardano and BitcoinOS has sparked a review of its tone regarding the leading asset. The founder job a photo welcoming Bitcoin to Cardano, along with other reactions following the partnership.
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