- Cardano founder Charles Hoskinson believes that Algorand should become a Cardano sidechain.
- Hoskinson offered to help Algorand CTO John Woods with his blockchain’s transition.
- The Cardano founder previously named Algorand as one of his favorite crypto projects.
Cardano founder Charles Hoskinson believes that fellow blockchain network Algorand should become a sidechain of Cardano. Hoskinson’s comment came in response to a video by Algorand’s chief technology officer (CTO), John Woods. Woods took to Twitter recently to talk about staking on Algorand and the network’s future roadmap.
John Woods told his followers about Algorand’s proof of stake consensus mechanism and described its superior characteristics. In the video, Woods advised users who chose to participate in Algorand staking not run a staking node with more than 50 million ALGO tokens on it. He also asked stakers not to centralize more than 20% of their ALGO on a single machine.
Charles Hoskinson responded to Woods’ tweet by recommending Algorand to become a sidechain of Cardano. The Cardano founder also offered help with the transition and told the Algorand CTO that he would be available anytime to assist with the process. The crypto community on Twitter had a mixed reaction to Hoskinson’s offer.
The Cardano founder’s tweet was viewed by nearly half a million users. Some interpreted the offer to be a sarcastic one and highlighted issues faced by Hoskinson’s network. Others pointed out that it may be a genuine offer, given that Charles Hoskinson previously expressed his interest in Algorand and has also commended its founder Silvio Micali for the work he had done.
In an interview in 2020, Hoskinson named Algorand as one of his nine favorite crypto projects. He stated at the time that Algorand and Cardano were academically competitive and grew by learning from each other. In a 2021 podcast with Lex Fridman, Hoskinson described Algorand’s founder as a “bright guy” whose contribution to the space was legendary.
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