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Image Credit: Bitcoinist

Cardano Is Built For Bitcoin DeFi, Hoskinson Says — Ethereum And Solana Aren’t

  • Cardano founder, Charles Hoskinson, believes that Bitcoin DeFi is the future and sees Bitcoin's liquidity and decentralized finance as a powerful combination for the industry's future.
  • Hoskinson highlights Cardano's on-chain treasury system, on-chain governance, and openness about problems as factors that make it one of the strongest cryptocurrencies.
  • Despite facing development delays, Hoskinson believes Cardano's emphasis on peer-reviewed research and formal methods has given it a robust scientific foundation.
  • Hoskinson claims that Cardano is the best system to enable Bitcoin DeFi, positioning it as the largest market opportunity and highlighting Cardano's deliberate design choices.

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