BitcoinOS, a Bitcoin-focused company, has launched a development that aims to bridge Bitcoin to Cardano and other blockchains. However, a faction of the Bitcoin community has labeled the solution a "scam". Bitcoin influencer Peter McCormack has warned his followers about Cardano, calling it a scam, despite receiving comments from the Cardano community. McCormack shared a post claiming that Cardano's founder had announced a pivot to become a Bitcoin L2, which was deemed a "confusion". There is no compelling evidence of a scam, but the Cardano-Bitcoin implementation has risks. OpenAI's advanced AI model analyzed the whitepaper and compared Cardano's BTC L2 solution to other solutions promoted by Bitcoin maximalists. Users should exercise caution and conduct proper research before using BitcoinOS's solution.
- Content Editor ( finbold.com )
- 2024-10-29
Bitcoin influencer calls Cardano’s BTC L2 solution a scam — Is it really?