Cardano founder says decentralized finance on Bitcoin will surpass Ethereum and Solana

Cardano founder Charles Hoskinson believes that the latest collaboration between EMURGO and BitcoinOS will bring DeFi to the Bitcoin ecosystem and will “surpass” the scale seen in Ethereum and Solana.
Hoskinson’s bold statement comes just days after Cardano and BitcoinOS partnered to bring smart contract functionality to the Bitcoin network. In a tweet on Oct. 25, the founder of Cardano claimed that the decentralized finance ecosystem that is about to flood the Bitcoin network will surpass that of Ethereum and Solana.
Hoskinson hints at DeFi on Bitcoin network
The Cardano co-founder tweeted that he intends to help drive full DeFi integration on the Bitcoin network. To achieve this, he plans to arrange training courses for Bitcoin developers using Aiken, a programming language and toolkit for developing and deploying smart contracts on the Cardano network.
Hoskinson noted that the training will help Bitcoin developers create and deploy DeFi applications that are compatible with both Cardano and Bitcoin, and that can pay transaction fees in Bitcoin. Notably, fee payments in Bitcoin will be made via Babel fees, an interoperability mechanism that allows network participants to pay Cardano fees using currencies other than the native blockchain.
In the meantime, Hoskinson said he would resume teaching about Bitcoin as he did in 2013. He said he would restart the bitcoin education program and launch new courses next year.

A sudden change in attitude
Hoskinson’s comments on growing the bitcoin network come months after he derided the blockchain. He said in a May video that the crypto space no longer needs Bitcoin to survive. However, he believes the asset cannot survive without the industry.
Furthermore, Hoskinson said earlier this week that Cardano will replace the founders of the crypto industry. He also criticized Ethereum, predicting a similar scenario.
However, the latest collaboration between Cardano and BitcoinOS has sparked a reassessment of his attitude towards the leading asset. The founder posted an image welcoming Bitcoin to Cardano, along with other responses related to the partnership.

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