Charles Hoskinson suggests that smart contract protocol Solana might theoretically be a sidechain for the Cardano Network.
Hoskinson describes what Cardano sidechain partnerships look like in a YouTube AMA session.
“For six years now, we’ve been discussing this, thinking through this, pushing forward this concept that you have one major chain and a family of sidechains each doing different things. Cardano’s sidechain model works in a way that that any sidechain connected to Cardano becomes a part of the mainchain. It provides security, infrastructure, an ecosystem, liquidity and security.
Cardano founder, John Cardano, says that a sidechain can have a unique computation model and notion of data availability.
Hoskinson claims Solana will be in a better place if it partners up with Cardano.
The consensus algorithm in Solana could be replaced with something 25 times faster that doesn’t fail all the time. A Cardano sidechain would be created. Solana would then get paid by ADA holders to keep it running (probably at a lower inflation rate than they’re currently paying). They won’t need to worry about security anymore and they will gain better reliability and security.
Hoskinson also floated the idea for the memecoin Dogecoin to become a sidechain of Cardano.
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