Cardano CEO wants to cooperate with Litecoin

Last Updated on 8 July 2022 by CryptoTips.eu


Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / [email protected]

With a small nod to the death of composer Ennio Morricone (he showed a Gif of Clint Eastwood in one of his legendary spaghetti westerns) Cardano founder and CEO of IOHK (Input Output HongKong) Charles Hoskinson announced he is taking a break from social media for a while and want to focus on the next part of his roadmap.

His announcement comes after the Cardano price rally that made an incredible run since the roadmap and the update to Shelley was announced. In the crypto top 100, Cardano has since moved from the 11th to the 6th place and gained around $ 2 billion in market capitalization. Yesterday the price broke the highest point in two years, and today it is already 26% higher.

Litecoin collaboration

The Cardano founder said yesterday that he wouldn’t mind working with Litecoin founder Charlie Lee to test cross-chain communication between their two coins.

“It would be great to do something together”, Hoskinson said in a tweet on July 7 to Lee.

Both men founded well-known coins and that is why the crypto world reacts enthusiastically.

Hoskinson founded Cardano (ADA) and Charlie Lee Litecoin, the currency that currently ranks eighth on CoinMarketCap. Both individuals have remarkable status in the crypto and blockchain space.

I love the idea of testing cross chain communication between Litecoin and Cardano. We got a lot of ideas and I’m sure you guys do too.

Hoskinson said.

The crypto twitterers are already fond of the idea. Charlie Lee, who is known on social media as Satoshi Lite, has to respond on the idea.