CandleFocus From Smuggling Gold Out of Africa to Bridging Bitcoin and Cardano
2024-10-26
Author: Content Editor
Edan Yago, founder of decentralized bitcoin lending and trading platform Sovyrn, is working on developing BitcoinOS, a platform designed to process more transactions and complex operations like smart contracts. Yago aims to transform bitcoin into an operating system rather than just a payment system. His team is collaborating with Emurgo to integrate Cardano's blockchain as a smart contract layer for Bitcoin. Yago also wants to bring back the age of initial coin offerings (ICOs) through decentralized autonomous organizations (DAOs), despite the negative reputation of the 2017 ICO boom. He believes that using DAOs can preserve user privacy and avoid direct confrontation with regulatory authorities.
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