A possible collaboration between Cardano (ADA) and Solana (SOL) has grow to be a sizzling matter within the crypto market following a notable alternate between the founders of the 2 networks.
Cardano founder Charles Hoskinson’s assertion and Solana co-founder Anatoly Yakovenko’s response have been interpreted as doubtlessly opening the door to interoperability between the 2 ecosystems.
In a press release, Charles Hoskinson defended Cardano’s lack of velocity in comparison with Solana with technical arguments. In line with Hoskinson, excessive transaction speeds will not be sufficient. The actual problem is to attain velocity with robust safety and full decentralization. He argued that Cardano’s design prioritizes options equivalent to 50% Byzantine fault tolerance, Nakamoto-style restoration mechanisms, and full decentralization, which naturally comes at the price of velocity.
Nevertheless, distinguished Solana developer Merct just lately accused Cardano founder Charles Hoskinson of fraud for allegedly reporting a developer who found a safety vulnerability in ADA to the FBI.
This dialogue additionally attracted robust criticism from throughout the Cardano ecosystem. Dave, a Cardano staking pool operator, argued that criticism of Cardano based mostly on the buying and selling quantity of centralized exchanges is meaningless. Referring to Bybit’s multi-billion greenback quantity, Dave in contrast it to Solana’s 24-hour whole quantity and stated {that a} single Cardano native token might attain a number of occasions Solana’s whole quantity. Whereas Dave acknowledged his considerations about Solana, he was open to the concept of interoperability, suggesting it may very well be a extra environment friendly path for each ecosystems.
Dave’s provide to collaborate obtained a optimistic response from Solana founder Anatoly Yakovenko, who stated, “Let’s do it.”
*This isn’t funding recommendation.
