Ethereum and Solana’s hold on DeFi is about to end, well, at least according to Cardano’s Charles Hoskinson. In a Twitter/X post on October 25th, the Cardano co-founder claimed that decentralized finance is coming to Bitcoin, and it’s going to be bigger than Ethereum and Solana.

Hoskinson’s bold statement comes days after Cardano and Bitcoin agreed to use smart contract features in the Bitcoin ecosystem. Hoskinson shared that the new collaboration will pave the way for DeFi projects on the Bitcoin ecosystem and “dwarf” the developments at Solana and Ethereum.

DeFi Goes To Bitcoin

In a tweet, Hoskinson stated that he was ready to help drive the integration of DeFi projects into the Bitcoin ecosystem. He added that training sessions for BTC developers are in the pipeline, focusing on Aiken, a programming toolkit and language for designing and deploying smart contracts on Cardano.

Now that Bitcoin’s back in the family and innovating again, thanks to @BTC_OS, I will re-launch the Bitcoin Education Project in 2025 and produce a new edition of my course. We are also going to prepare Aiken education for Bitcoin developers, including hosting on…

— Charles Hoskinson (@IOHK_Charles) October 25, 2024

Hoskinson says the training will help developers create and deploy smart contracts compatible with the Bitcoin and Cardano ecosystems. The transaction fees are in BTC. Specifically, Bitcoin will be made through Babel fees, a “universal currency converter” allowing users to pay fees for coins other than ADA. Hoskinson also shared that he’ll continue teaching Bitcoin and plans to reactivate the Bitcoin Education Project.

Go to Source to See Full Article
Author: Christian Encila