[ccpw id="39382"]

HomeCrypto NewsMarketCardano Founder Rehashes Offer to "Fix Up" Dogecoin for X Payments

Cardano Founder Rehashes Offer to “Fix Up” Dogecoin for X Payments

Date:

Written By:

Follow TheCryptoBasic

Cardano founder Charles Hoskinson courts the Dogecoin community again.

When Tesla CEO and Dogecoin champion Elon Musk bought X (then Twitter), Cardano founder Charles Hoskinson was quick to court the doggy-themed memecoin community.

Perhaps in an attempt to front-run speculation of potential integration of the memecoin with the social media network, he offered to make it suitable for payments on the platform, albeit as a Cardano sidechain.

- Advertisement -

This initial overture devolved after a heated exchange with Dogecoin creator Billy Markus. But Hoskinson appears to be back at it again as Musk’s X payments goal begins to take shape. This time, he has dropped the talk of making the network a Cardano sidechain, at least for now.

Try, Try Again

Cardano founder Charles Hoskinson is courting the Dogecoin community again. 

In a series of X posts on Tuesday, March 4, the Cardano founder has offered to “fix up” the Dogecoin network and make DOGE “the standard currency of X.”

In his most seductive tone yet, Hoskinson teased the Dogecoin community with the potential of being the blockchain rails for X’s AI model Grok and low-cost payments for tipping posts.

- Advertisement -

“Come on Dogecoin, you know you want a little retrofit. Little bit of sharded useful proof of work to run that expensive Grok. Some state channels for ultra low cost payments for tipping X posts. Some full secure smart contracts running on eutxo,” the Cardano founder wrote, adding a GIF with the caption, “I can fix that.”

To sweeten the deal, Hoskinson noted that he would even “throw in some quantum resistance,” adding, “Just tell me how you like it (hashes or lattices).”

Dogey Style”

Unlike the last time, Hoskinson’s Dogecoin advances have not sparked a heated exchange. Far from it, the Dogecoin team has offered the Cardano founder a chance to woo the community formally.

Responding to Hoskinson, the official Dogecoin X account quipped that the only way the Cardano founder could advance his cause was “Dogey style,” referring to a community-led effort. As such, the team welcomed him to present his proposal to network operators.

X Payments on the Horizon

Hoskinson’s latest effort to court the Dogecoin community over a potential integration with X comes as the platform has disclosed that its payments service will launch later this year, unveiling Visa as its first partner in January.

Despite the speculation over the years, X has not disclosed any interest in using crypto or DOGE in this financial service vertical. However, this could have been due to the U.S.’s uncertain crypto regulatory landscape, which the pro-crypto President Donald Trump administration looks set to change.

The Dogecoin community has long fantasized about a potential X integration amid the potential to revolutionize adoption, which could bolster the asset’s price.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Okoya David
Okoya David
Okoya David Kio is a crypto enthusiast passionate about understanding what makes the nascent market tick. When he's not pondering about cryptocurrencies, you might find him in a BP debate room trying to proffer solutions to age-old societal problems.

More from Author

Latest Stories

Guides