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Home»Altcoins»Cardano Creator Comes Forward in Support of Partnerchains, Addresses Speculations
Altcoins

Cardano Creator Comes Forward in Support of Partnerchains, Addresses Speculations

NBTCBy NBTC01/04/2024No Comments3 Mins Read
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Charles Hoskinson, the founder of Cardano (ADA), addressed the blockchain community, which has been plagued with speculation and concern surrounding the Layer 1 blockchain, in a recent post on social media platform X.

Notably, Hoskinson shed light on the groundbreaking partnership between Cardano and World Mobile, first announced in April 2021. Hoskinson said:

“With respect to World Mobile, the goals of their project require the construction of a global-scale, heterogeneous protocol that handles complex hardware that is literally flying in the air, licensed spectrum, user-driven network growth, and future-proofing the quantum reality we are headed towards,” said Hoskinson.

The Cardano founder also noted that none of the current systems in the entire blockchain ecosystem “is capable or has technology to resolve a project at this scale involving billions of users,” and as a result, World Mobile is creating the same.

Hoskinson emphasized that Cardano’s roadmap is key to achieving ambitious goals for the future. With a focus on identity, partnerchains, and a unique programming model involving EUTXO, Cardano is laying the groundwork for a more interconnected and resilient digital ecosystem.

Interestingly, partnerchains play a pivotal role in this endeavor. These chains operate alongside Cardano, each with its own set of rules and protocols, contributing to the overall network’s strength and adaptability.

Hoskinson also addressed the concerns regarding partnerchains not being Cardano itself. He said that hypercomplex projects like Mobile Word “need the freedom to have unique protocols, including variations in consensus, ledger rules, network design, and transaction semantics.”

“While the roadmap has never varied, the frameworks and core infrastructure are new for this paradigm and will require time to mature, as we are seeing with the Midnight DevNet growing. We at IOG look forward to working with World Mobile to help them achieve their mission and to ensure Cardano continues to be part of their story.”

As reported earlier, Hoskinson said in November 2023 that Cardano aims to support dozens of chains that work together to power “true Web3 applications.” He noted that in 2023, governance on Cardano will be built, while in 2024, the effects will play out.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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