U.Today founder Charles Hoskinson made a statement regarding Bitcoin that caught the attention of the cryptocurrency community. In the post, X Hoskinson dispelled misconceptions about his stance on .
Hoskinson emphasized his long-standing commitment and support for Bitcoin. His early efforts in the cryptocurrency space include significant contributions to Bitcoin education, emphasizing its fundamental role in the community.
The Cardano founder was responding to user X, who suggested that his recent political views might suggest that he hates Bitcoin. Hoskinson explained his stance in a candid message.
“I love Bitcoin, I grew up with Bitcoin, and I founded the Bitcoin Education Project in 2013,” Hoskinson said. He went on to express his frustration with certain Bitcoin maximalists, saying, “I hate the Maxis who say I should go to jail for creating an altcoin.”
Despite Hoskinson’s pivotal role in the development of Cardano, one of the most essential altcoins, his early involvement in the Bitcoin project and his efforts to educate others on the subject are testament to his enduring respect for the pioneering cryptocurrency.
However, despite his deep respect and love for Bitcoin, he strongly opposes the divisions among some of its most vocal proponents, the “Bitcoin maxima.”
Babel Fee Update
Romain Pellerin, CTO of Input Output Global, a Cardano developer, has unveiled an update to Babel Fee, a novel mechanism that will enable transaction fees to be paid in coins other than ADA on Cardano. This provides improved interoperability and ease of apply.
Pellerin revealed the introduction of CIP “validation zones,” which describe a chaining mechanism for linking vague transactions, such as exchange requests, and validating them as a whole.
The proposal aims to support more pliant intent settlement on Cardano in several ways. It introduces the concept of validation zones, which allow multiple related transactions to be linked and validated. This enables atomic swaps and other complicated operations that require multiple steps.
The proposal also introduces modern transaction fields for “requests” and “redeems,” allowing users to express intentions (such as swap offers) without having to fulfill them immediately.
