CARDANO PEER REVIEW MODEL

in hive-183397 •  2 years ago 

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Cardano has always had a peer review model where they have academically done things because of shipping it. We have seen that hold them back in certain areas but we have seen it has been the right approach given what is taking place over the past couple of years with Defi and other layer 1s with hacks. But that work that was put in previously is coming ahead now. I sometimes talk to people about what a layer 1 and sidechain ecosystem looks like for Cardano. It supercharges layer 2 and the sidechain ecosystem looks like for Cardano. It is very exciting all the things that are coming out.

If you look at Hydra, it's a layer 2 solution for scalability. This is layer 2 which tackles the underlying issue for Cardano of scalability. EVM on Cardano now, development ability is being improved by the sidechain ecosystem. You have got all sorts of things coming like Mithril, Marlo, Midnight, and so on. It is coming this year, and a lot of it is already on the mainnet. We have already seen the like of Hydra and several other things. So it is an extremely exciting time to be a Cardano holder and interested in the Cardano space.


Lace is now officially on the mainnet, you can use it. I have had a lot of reports about it and of course, Lace is big deal not just full card owner but crypto at large. In my opinion, if crypto is to win and join mass adoption, it needs to be mass able to use. In the same way we use a browser, and we can get anything from it. You need to have something similar that exists in the web3 space to the web2. Lace is actually is that, and it going to continue to improve. It got all these things. If you have a block that can only process 50 transactions and it is every 20 seconds. If you have higher demand than what that block could process, how do you work out more needed or what is more vital to be processed and what is not? I think this is a good sign because this is all these are all issues Cardano has solved. They put in the work before actually launching it and this is why we have seen it be such a massive success this far. One thing I love about Charles Hoskinson is how much he is doing in the sort of regulatory space. He is trying to push for fair regulations, I think that is a very rewarding and winning feature that he has.

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