Cardano CEO Charles Hoskinson requested that Algorand become a partner chain and collaborate on decentralized AI. Algorand CTO shows interest.
In recent news, Cardano CEO Charles Hoskinson has expressed his admiration for Algorand’s blockchain technology and discussed the potential for collaboration on decentralized artificial intelligence (AI) projects.
Such a partnership could open up new possibilities for both entities in the fast-growing AI sector.
Cardano CEO Commends Algorand Blockchain
Charles Hoskinson has consistently supported promising crypto projects focusing on decentralized blockchain solutions.
Recently, he praised Algorand’s technology and suggested that, when combined with a specialized proof of work optimized for AI inference, Algorand could become a leading decentralized AI platform in the cryptocurrency space.
Hoskinson described this potential development as “exciting” and proposed that Algorand become a partner chain with Cardano. He mentioned that this collaboration could help maximize the capabilities of Minotaur.
In response, Algorand Technologies’ Chief Technical Officer, Gary Malouf, expressed interest, stating: “Hi Charles, we’d love to hear more about what you are thinking. Definitely not the first time we’ve discussed an overlap with AI capabilities.”
Hoskinson then asked IOHK CTO Romain Pellerin to arrange a meeting, to which Pellerin replied, “Happy to talk, Algorand as a partner chain would be fantastic.”
Although this potential partnership is still in the early stages, it could lead to exciting synergies between the crypto and AI industries if it comes to fruition.
Chang Hardfork Postponed Again
The eagerly anticipated Cardano Chang hardfork has been postponed by four days, moving from the initially expected launch date of August 27 to a new date of September 1.
The Chang hardfork is expected to transform Cardano’s governance model, revolutionizing the use of ADA and ushering in the Voltaire era.
Charles Hoskinson criticized Binance and other crypto exchanges, noting that they have not yet announced support for the upgrade.
He remarked, “The magic of deadlines is that people who aren’t taking upgrades seriously suddenly say, damn, we got to get moving. When they get moving, we converge quickly.”
Amid a broader crypto market rally, Cardano’s native cryptocurrency ADA has increased by 4%, reaching $0.40.
However, the delay of the Chang hardfork could temporarily slow down ADA’s price rally.
