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REGULATION
by
2 years ago

Cardano is building a sidechain called “partner chain” using Polkadot’s Substrate technology

2023-11-10

REGULATION
by
2 years ago


 

Cardano Summit 2023, IOG founder & CEO Charles Hoskinson outlined a new way to build interoperability with Cardano blockchain.

 

According to Hoskinson Cardano blockchain has the Cardano Settlement Layer (CSL) and the Cardano Computation Layer (CCL). CSL responsible for the main chain and CCL responsible for the sidechain.

 

IOG the developer of Cardano blockchain is building a partner chain that is interoperable with Cardano main chain. Charles Hoskinson chooses Substrate technology from Polkadot to build partner chain. Substrate is open source-code of Polkadot SDK.

 

Substrate is a blockchain source-code created by Polkadot founder Gavin Wood. You can build a new blockchain from it and place specialize logic and functionalities of a blockchain using Substrate and you don’t have to write a whole new blockchain from the ground up that’s take too much work.

 

According to an article published by IOHK.

 

“With partner chains, Cardano becomes the ultimate settlement layer.”

 

“The CSL has proven to be robust and scalable, forming the ultimate cross-chain settlement layer. With partner chains, networks will have the power to build their own computation layer leveraging a modular framework and existing components, yet still leveraging the CSL for settlement across chains.”

 

Developers and validators can build partner chains that are independent, interoperable, layer 1 blockchain that can connect to Cardano’s main chain.

 

Partner chains use modular blockchain technology with Cardano’s proven security, liquidity, and reliability. With partner chains, developers will have the power to build their own computation layer leveraging a modular framework and existing components, while maintain leveraging the CSL for settlement across chains.

 

Polkadot announced on X (Twitter) that Cardano’s partner chain project is showing Substrate's potential to expand across Web3, and showing that Substrate is easy to use for other blockchains.


Charles Hoskinson gave a talk on Cardano Summit 2023.

 


Gavin Wood explaining Substrate.


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