Cardano Founder Discusses Integration with Dogecoin, Bitcoin, Chainlink

Cardano founder Charles Hoskinson has disclosed ongoing efforts to integrate with major blockchain ecosystems, including Dogecoin, Chainlink, and Bitcoin. These integrations aim to expand Cardano’s reach and use cases, potentially enhancing its capabilities and market presence.

During a recent interview, Hoskinson revealed that discussions with Chainlink co-founder Sergey Nazarov are progressing. However, he emphasized that the integration process will take time due to technical challenges. Chainlink is reportedly developing a more generalized Oracle solution tailored for UTXO-based DeFi applications, which includes Bitcoin, Litecoin, and Dogecoin, in addition to Cardano.

Cardano has been advancing its integration with Bitcoin through BitcoinOS, a system enabling trustless BTC transfers via the BOS Grail Bridge. This initiative aims to tap into Bitcoin’s ecosystem, bridging its liquidity with Cardano’s DeFi capabilities to enhance interoperability, scalability, and adoption. Cardano’s Lace wallet also supports Bitcoin, providing seamless multichain asset management.

Hoskinson hinted at potential collaborations with Dogecoin, stating that discussions are still in their infancy. Integrating Dogecoin into Cardano’s ecosystem could enhance liquidity and expand its use beyond simple transactions. Dogecoin has been widely used for payments, tipping, and microtransactions due to its low fees and fast transaction times, with major companies like Tesla and Newegg accepting it for purchases.

Another key topic in the interview was Bitcoin’s potential role in national strategic reserves. Hoskinson mentioned that U.S. lawmakers, including Senator Cynthia Lummis and Donald Trump, are reportedly exploring adding Bitcoin to the country’s reserve assets. However, he acknowledged that details remain uncertain. There were also rumors that ADA might be included in such reserves, but Hoskinson addressed these speculations, saying he was unaware of any such plans.

Cardano’s UTXO-based transactions finalize in 20 to 40 seconds, with the base layer processing around 250 transactions per second (TPS). Scalability improvements like Hydra aim for 1 million TPS. As of the latest update, the network had processed over 110 million transactions, with fees averaging less than 25 cents per transaction. If integrated with other networks like Bitcoin or Dogecoin, Cardano’s efficient UTXO model could enhance transaction throughput, reduce fees, and improve scalability for broader blockchain interoperability.