Cardano Now Interoperable With Bitcoin, Here’s How
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Sep 23 2024Interoperability Breakthrough: A new smart contract bridge has been developed between Bitcoin and Cardano, allowing users to send, manage, and stake ADA without needing additional software. This innovation utilizes Plutus V3 and enhances programmability through the Aiken language and CIP69.
Community Reaction and Market Performance: Cardano's founder, Charles Hoskinson, praised the bridge for enhancing cross-chain connectivity, while the recent Chang Hard Fork upgrade positioned Cardano as a leader in decentralization. Despite initial price drops, ADA has shown signs of recovery, trading at $0.3569 with a market cap of approximately $12.8 billion.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
