A new bridge built by FluidTokens allows Bitcoin users to directly control ADA tokens and stake in Cardano pools without needing a new wallet. This development highlights the growing interoperability between different blockchain networks.
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While Ethereum is regarded as the best blockchain for decentralized finance innovations, Bitcoin is being increasingly adopted in unconventional payment transactions. Building a product that helps Bitcoin and Cardano holders freely transfer value to one another creates a new economy.
Cardano Founder Charles Hoskinson reacted to the update with a GIF showing surprise on X. The Cardano founder is generally known as a strong advocate for sound technology and is moving to position the protocol for long-term success.Originally, Cardano’s design targeted competing with Ethereum; Charles Hokinson is now arguably nursing a more advanced vision to take on Bitcoin., the Cardano founder talked down the long-term survival potential of Bitcoin.
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