U.Today - A prominent analyst and investor is not optimistic about L2s as a way to scale programmable blockchains. That is why he proposes an alternative solution for Cardano (ADA), the second largest proof-of-stake (PoS) platform, to advance its throughput.
Cardano (ADA) scaling strategy criticized by top analyst
The Cardano (ADA) and Avalanche (AVAX) blockchains should be focused on scaling their Layers-1 more instead of relying on second-layer scaling mechanisms such as Hydra and other sidechain instruments. Such a recommendation was shared by Justin Bons on his personal X today, Sept. 18, 2023.Image via Bons commented on Cardano's Input Endorsers, a mechanism designed to create a new protocol necessary for "enorsing" transactions before adding them to new blocks "officially."
This technique reminds one of Avalanche's (AVAX) "pre-consensus" approach to scaling, the analyst recalls. However, both Cardano and Avalanche's implementations of "preliminary" adding transactions to blocks has limited throughput.
Reaching bandwidth above 1,000-2,000 transactions per second (TPS) would be difficult with these methods. This is why Cardano (ADA) should not be concentrated on Hydra and other sidechains as a way to solve scalability issues.
As covered by U.Today previously, Cardano's L2 solution kicked off in mainnet in May 2023. A month ago, an inaugural major update was delivered.
ZK proofs coming to Cardano (ADA)?
Also, in September 2023, Cardano (ADA) developers and enthusiasts started exploring zero-knowledge proofs (ZKPs) as an instrument to advance the network's performance and security.The dedicated ZK-Labs team started working on a new scalability initiative that might replace Hydra in the near future, as covered by U.Today .
In December 2022, Justin Bons said that he could be wrong about "lagging behind."