Cardano (ADA) Scaling Focus Indicated by Analyst
U.Today
18 Sep 2023 5:15 PM
Justin Bons, founder and CIO of Cyber Capital, shares his opinion on core focuses for Cardano (ADA) scaling...
- Justin Bons, founder and CIO of Cyber Capital, criticizes Cardano's scaling strategy.
- He suggests that Cardano and Avalanche should focus on scaling their Layers-1 instead of relying on second-layer scaling mechanisms like Hydra and sidechains.
- Bons compares Cardano's Input Endorsers to Avalanche's "pre-consensus" approach, noting that both have limited throughput.
- He believes that reaching high transaction throughput would be difficult with these methods.
- Bons mentions Cardano's L2 solution Hydra, which launched on the mainnet in May 2023.
- He also mentions the exploration of zero-knowledge proofs (ZKPs) as a scalability initiative that could replace Hydra in the future.
- In December 2022, Bons expressed the possibility of being wrong about Cardano's progress.
The sentiment of the article is negative towards Cardano's current scaling strategy and suggests alternative approaches.
You May Ask
Who is Justin Bons and what is his opinion on Cardano's scaling strategy?What does Bons recommend for Cardano and Avalanche in terms of scaling?What are the limitations of Cardano's Input Endorsers and Avalanche's "pre-consensus" approach?What is the alternative scalability initiative being explored by Cardano developers?When did Cardano's L2 solution Hydra launch on the mainnet?