Hoskinson: Cardano Is Built for Bitcoin DeFi
Charles Hoskinson, founder of Cardano, asserts that Cardano is specifically designed to support Bitcoin decentralized finance (DeFi). He emphasizes that Cardano's architecture facilitates seamless integration with Bitcoin, enhancing DeFi applications while preserving security. He highlights the development of technologies such as BitVMX, which aim to connect Cardano with Bitcoin.
bitcoininsider.org
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Cardano Is Built For Bitcoin DeFi, Hoskinson Says — Ethereum And Solana Aren’t
A recurring theme in Hoskinson’s remarks was Cardano’s on-chain treasury system, which he contrasted with other major blockchains: “At the end of the day, we have a $1.5 billion treasury for everybody to use and…if you hold Bitcoin, you don’t have this; if you hold Ether or Solana, you don’t have this. But we have this and…we have an on-chain governance… The technology is sound.”
“With our partnership with BitVMX FORCE, we’re enabling Aiken, Plutus, and other languages to write Bitcoin smart contracts and Cardano smart contracts. We have all the off-chain infrastructure figured out,” Hoskinson added.