Throughout a brand new YouTube AMA session, Hoskinson lays out what sidechain partnerships appear like on Cardano.
“For six years now, we’ve been speaking about this, serious about this, pushing this ahead, this idea that you’ve one principal chain and a household of sidechains and every one in every of them does various things. And the sidechains mannequin of Cardano is that if a sidechain is available in and connects to Cardano, that sidechain is a companion of the primary chain. The primary chain offers safety, it offers infrastructure, it offers an ecosystem and it offers liquidity.
It’s listed on 200-plus exchanges, all a majority of these issues, so you might have all that scale, and in alternate for that, the companion chain, as a substitute of paying its inflation to miners who’re a nexus inside that chain, it pays the inflation (the block rewards) to the stake pool operators and the ADA holders, as a result of Cardano’s caring for the safety of the sidechain.”
The Cardano founder says a sidechain can have its personal computation mannequin, its personal notion of information availability, its personal community stack and its personal consensus algorithm.
Hoskinson says Solana could be in a significantly better place if it groups up with Cardano.
“So you may take Solana, change the present consensus algorithm with one thing 25 occasions sooner and doesn’t collapse on a regular basis, make it a Cardano sidechain, Solana would then be paid to ADA holders to keep up it (in all probability at a decrease inflation fee than they’re at the moment paying proper now). They don’t have to fret about safety anymore, after which all these DApps transfer over they usually get higher reliability and safety they usually get sooner.”
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