Solana Founder praises Cardano Consensus mechanism. He says that their Nakamoto-style non-Proof-of-Work mechanism is impressive.Cardano continues to outshine its competitors, even in times of crisis.
The crypto community is a space of high innovation and sometimes unexpected collaboration, especially in the presence of those visionary leaders who hope to boost interoperability and encourage the crypto community to build and improve together. In a show of respect and camaraderie, Solana Founder praises Cardano consensus mechanism, boosting the blockchain’s reputation and recognition.
Solana Founder Praises Cardano Consensus Mechanism
The Cardano blockchain is recognized as the only truly decentralized ecosystem in the current blockchain industry. This was already a high and reputable title held by the blockchain, a feat that was no easy achievement. After all, the Cardano ecosystem took over a decade to become what it is now. This is due to the meticulous planning of Cardano Founder, Charles Hoskinson.
Hoskinson set off to build the Cardano blockchain after co-founding the Ethereum ecosystem. Due to differing priorities in what the future of Ethereum should look like, several of Ethereum’s co-founders stepped away to build their own idea of the most superior and capable blockchain network, and it seems that Cardano took that title, but only after a decade-long journey, resulting is several years of community frustration.
Cardano Reputation Soars High
Cardano was promised to become a visionary ecosystem in 2014, but little did community members know that this journey would take over 10 years, despite Hoskinson’s blueprint explaining that this would be no short journey. Now, a decade later, Cardano stands as the only truly decentralized ecosystem, promises high security, is infinitely scalable, and highly interoperable.
This paired with the capabilities of its Midnight Sidechain, makes it a privacy-centric ecosystem as well. In recent times, Cardano is also bringing DeFi opportunities to Bitcoin users and holders, making their innovations revolutionary. Even now with the latest malicious attack, the Cardano ecosystem handled it magnificently, earning it the attention of the Founder of the Solana ecosystem.
As we can see from the post above, Solana co-founder Anatoly Yakovenko, or Toly, says that a Nakamoto-style consensus without Proof-of-Work (PoW) is extremely hard to build, and states the Cardano protocol functioned as designed. The post goes on to state that for Cardano, it looks like a decade of formal methods and high assurance engineering paid off when it was needed the most.
The crypto market sees this interaction as a fun throwback to when the co-founder of Ethereum, Vitalik Buterin, once praised Solana for its rapid growth and high capabilities. Now, Cardano is seeing similar praise and recognition from Solana, the blockchain that was previously the blockchain being recognized. The Cardano ecosystem continues to work on other exciting advancements, soon to be revealed.
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