IOHK CEO Charles Hoskinson Wants Cardano and Litecoin to Work Together

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Tue, 07/07/2020 - 19:33
Alex Dovbnya
Charles Hoskinson wants to test cross-chain communication between Cardano and Litecoin
Cover image via u.today
Contents

IOHK CEO and Cardano co-founder Charles Hoskinson has come up with a collaboration proposal for Litecoin creator Charlie Lee in his latest tweet.

He says that he would like to start testing cross-chain communication between the two projects.  

image by @IOHK_Charles

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Cardano Foundation Is Not Involved in Promoting ADA to Rich Chinese Farmers: Charles Hoskinson

A lot of ideas

Their collaboration won’t start from a clean slate -- Hoskinson says that he already has ‘a lot of ideas.’

The Cardano boss is certain that the Litecoin team could come up with its own suggestions.

Last week, IOHK unveiled its partnership with Coinbase Custody for storing and staking ADA tokens.

Litecoin, which is known for its unconventional tie-ups, joined forces with legacy game creator Atari back in May. 

At the time of writing, Lee is yet to reply to Hoskinson’s new proposal.       

In dead heat

Hoskinson’s tweet comes at a quite a peculiar time as LTC and ADA are currently neck-to-neck on CoinMarketCap.

As reported by U.Today, ADA took the lead earlier this day after surging 16 percent.

image by coinmarketcap.com

 

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.


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