Cardano founder Charles Hoskinson recently shared details about a significant meeting with Jed McCaleb, co-founder of Ripple and the creator of Stellar. This revelation has fueled speculation about a potential collaboration between two key players in the blockchain space.
Hoskinson took to X (formerly Twitter) to share the news, describing his interaction with McCaleb as positive. McCaleb, a prominent figure in the crypto industry with deep ties to Ripple and Stellar, confirmed the meeting, adding to the intrigue.
Speculations on a Partnership
While neither Hoskinson nor McCaleb disclosed specific details, the timing and nature of the meeting suggest that a partnership might be in the works. Observers in the crypto community are buzzing about the possibility of a collaboration involving Cardano and Stellar, which could signal a major development in the blockchain space.
Hoskinson’s engagement with leading crypto figures has been ramping up in recent weeks. Notably, he has been building bridges with Ripple executives after years of tension with the XRP community. Last week, Hoskinson issued an apology to the XRP community, a move that marked the end of a prolonged conflict and opened doors to potential collaborations.
Ripple and Cardano: A Growing Connection
Following his apology, Hoskinson hinted at integrating Cardano’s Midnight sidechain within the XRP ecosystem and exploring Ripple’s stablecoin initiatives. These remarks were soon followed by meetings with Ripple’s leadership, including CEO Brad Garlinghouse and CTO David Schwartz, where discussions about technical collaborations reportedly took place.
Now, with his meeting with McCaleb, Hoskinson seems to be broadening his scope, potentially bringing Stellar into the fold. Prominent XRP community members, such as XRP DROPZ, have suggested that these discussions might be paving the way for a significant update or partnership announcement.
🇺🇸👑 CHARLES HOSKINSON TALKS TO BRAD GARLINGHOUSE, DAVID SCHWARTZ, AND NOW JED MCCALEB ➡️ #XRP #XLM #ADA
— XRP DROPZ (@DROPZXRP) November 19, 2024
➡️ THEY ARE GETTING READY…BUCKLE UP! @IOHK_Charles @bgarlinghouse @JoelKatz @JedMcCaleb https://t.co/F5YGlDlh6v pic.twitter.com/q4rsxgYa1H
McCaleb’s Role in Ripple and Stellar
Jed McCaleb’s reputation as a visionary in the blockchain industry is well-established. As a co-founder and former CTO of Ripple, McCaleb played a critical role in shaping the company’s early vision. After leaving Ripple in 2013 due to internal disagreements, he went on to establish the Stellar Development Foundation, focusing on cross-border payment solutions similar to Ripple’s offerings.
Midnight: Cardano’s Privacy-Focused Solution
One potential area of collaboration could be Cardano’s Midnight sidechain, a privacy-centric blockchain solution designed to address compliance and confidentiality challenges in the crypto industry. Midnight utilizes advanced technologies like zero-knowledge proofs (zk-SNARKs) to enable private smart contracts and secure transactions while adhering to regulatory standards.
Currently in beta testing, Midnight is expected to launch its mainnet soon, and Hoskinson has expressed a strong desire to integrate it with prominent blockchain ecosystems, including XRP—and now, possibly Stellar.
As the details of these high-level meetings remain under wraps, the crypto world eagerly awaits further updates, which could herald a new era of cooperation between Cardano, Ripple, and Stellar.
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