Recently, the central development studio behind ADA, Input Output, released a project that has a similar goal. The Marlowe developer platform is designed to make it easier for programmers to create their own smart contracts than ever before. Among other things, the service uses a modular system and a dedicated test environment for this.
However, Cardano developers do not fully rely on their user community. In fact, Input Output is already working on at least its own layer 2.
The blockchain called Midnight was announced in November 2022. It is said to have its own token called Dust. The blockchain should bring better overall scalability to the Cardano ecosystem. In addition, it should offer users privacy, as is otherwise known from privacy coins.
Ultimately, however, Midnight should only be one of several blockchains that Cardano serves as layer 2. ADA is using a protocol called Hydra to scale , which entered its public testing phase in early May.
Like many similar projects, Cardano mainly relies on scaling via Layer 2 solutions. Transactions are outsourced from the mainnet to semi-autonomous blockchains and ultimately only a summary of many intermediate steps is transferred to the mainnet.
Critics fear that Layer 2 solutions will reduce the decentralization of the crypto industry. In addition, they do not offer the same security as a Layer 1 blockchain.
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