Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Cardano founder Charles Hoskinson recently sparked speculation and excitement in the ADA community when he teased the idea of an Algorand partner chain.
In a tweet, Hoskinson praised Algorand's technology, saying this when combined with a useful proof of work tuned to AI inference might make it the greatest decentralized AI powerhouse the crypto industry has seen.
"Under the hood, Algorand's tech combined with a useful proof of work tuned to AI inference would make it the greatest decentralized AI powerhouse our industry has seen. It would be cool to see it become a partner chain and push Minotaur to its limits," Hoskinson wrote.
Tomiwabold OlajideHoskinson's insight drew attention and comments from the Cardano and Algorand communities. Gary Malouf, CTO of Algorand Technologies, replied to the Cardano founder, saying, "We’d love to hear more about what you are thinking. Definitely not the first time we’ve discussed an overlap with AI capabilities."
Romain Pellerin, CTO of Input Output Global (IOG) responded to the discussion, "Happy to talk, Algorand as a partner chain would be fantastic."
While no official announcements have been made, the discussion on X among the two communities has triggered speculation and excitement, leaving the community eager for more information.
Cardano partner chains
Partner chains introduced by Cardano founder Charles Hoskinson at the Cardano Summit 2023 represent a new approach to interoperability and blockchain networks, powered by Cardano.
Cardano is designed with a separation of the Cardano settlement layer (CSL) from the Cardano computation layer (CCL). Midnight, IOG's data protection-focused blockchain, is among the first partner chains to implement this framework.
With partner chains, Cardano becomes the ultimate settlement layer, among other things. Cardano's SPOs provide security, and the Minotaur multi-resource consensus protocol allows validators from various blockchain ecosystems to contribute. Babel fees will address tokenomics issues for new networks while allowing SPOs to be compensated in ADA. Trustless bridges will connect partner chains to Cardano and beyond, enabling risk-free interoperability.
Valeria Blokhina
Godfrey Benjamin