Cardano and Chainlink partnership aims to build a versatile oracle framework not limited to a single ecosystem, potentially boosting decentralized finance capabilities.
Cardano founder Charles Hoskinson emphasized that the framework must support multiple chains to ensure cost-effectiveness and broader adoption.
A potential partnership between Cardano (ADA) and Chainlink (LINK) is in the pipeline. Both blockchain ecosystems are looking into how they can boost the UTxO-based decentralized finance (DeFi) space. Cardano founder Charles Hoskinson spoke about these developments in a recent interview on the David Gokhshtein podcast.
Will Cardano & Chainlink Get Into A Partnership?
As per Hoskinson, negotiations between Cardano and Chainlink teams are in the works to establish a DeFi oracle solution beyond a single blockchain. The project seeks to connect a wider array of UTxO-based networks, such as Bitcoin, Litecoin, and Dogecoin. “It’s bound to happen; it’s just a matter of ti
