Cardano Eyes Algorand for AI Partnership as Chang Hardfork Faces Delay

• Charles Hoskinson sees Algorand’s technology as pivotal in creating a decentralized AI leader in the crypto industry.
• A potential partnership between Cardano and Algorand could push blockchain technology to new heights, especially in AI integration.
• The delay in Cardano’s Chang hard fork could affect ADA’s price momentum, with the new launch date set for September 

Cardano’s CEO, Charles Hoskinson, recently expressed interest in a potential partnership with Algorand. This collaboration could pave the way for advancements in decentralized artificial intelligence (AI) projects, leveraging the strengths of both blockchain platforms.

Hoskinson Recognizes Algorand’s Technological Edge

Charles Hoskinson, a notable figure in the cryptocurrency industry, has consistently shown an appreciation for innovative blockchain projects. He recently highlighted the technological capabilities of Algorand, particularly its potential to become a leader in decentralized AI. Hoskinson suggested that by integrating Algorand’s blockchain with a specialized proof of work designed for AI inference, Algorand could establish itself as a powerhouse in the crypto sector.

Potential Partnership on the Horizon

Hoskinson proposed that Algorand could become a partner chain with Cardano. He emphasized that such a partnership would maximize the potential of Minotaur, a project focused on pushing the boundaries of blockchain technology. In response, Algorand’s Chief Technical Officer, Gary Malouf, expressed interest in further discussions, indicating that this is not the first time the two teams have considered the intersection of AI and blockchain.

Cardano CTO Supports Collaboration

Romain Pellerin, Cardano’s Chief Technical Officer, echoed Hoskinson’s enthusiasm for the collaboration. He stated that partnering with Algorand would be a fantastic opportunity. While the partnership is still in its early stages, both sides appear eager to explore the potential benefits of combining their technologies.

In other news, the much-anticipated Cardano Chang hardfork has been postponed once again. Initially scheduled for August 27, the hardfork is now set to launch on September 1. This delay is significant as the hardfork is expected to transform Cardano’s governance model, marking the beginning of the Voltaire era.

Cardano’s native cryptocurrency, ADA, saw a 4% increase, reaching $0.40 amid a broader market rally. However, the delay in the Chang hardfork could temporarily stall ADA’s price momentum. Charles Hoskinson called out major exchanges like Binance for not yet supporting the upgrade, urging them to take the necessary steps to ensure a smooth transition.