Cardano’s Charles Hoskinson invites John Woods to move Algorand to the Cardano ecosystem as a sidechain.
Cardano has earlier launched a toolkit to enable developers to easily and successfully build a blockchain for specific use cases.
John Woods, the Chief Technical Officer of the Algorand Foundation recently informed its community members about the current state of staking on the Algorand platform. He also spoke on the security features and the prospects of the network. Interestingly, he commended Cardano for being one of the leading Delegated Proof-of-Stake (PoS) protocols.
In response, Cardano founder Charles Hoskinson made a call to Wood, asking him to consider transferring his layer-1 network codes to the Cardano network. He believes that this could be of help in offsetting some of its weaknesses.
Algorand – staking, security and the future. https://t.co/KvgRpwQUxK
— John Woods (@JohnAlanWoods) July 11, 2023
Sidechains are very rampant in the crypto ecosystem. They usually
