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Cardano Projects Say Success Comes With Interconnectivity -Breaking

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Cardano Projects: Success comes with Interconnectivity
  • Projects come together to exchange their experience on blockchain.
  • The switch from Haskell and Plutus is the subject of four projects.
  • Almost everyone is in agreement that the next hard fork needs to have a read only UTXO function.

Cardano’s project leaders have a chat. Five of the most important projects in the Cardano ecosystem (ADA), exchange ideas and learn from each other.

In particular, CTO and Co-Founder of DCSpark — Sebastien Guillemot leads the discussion. He has conversations with the leaders of four Cardano projects. They include Pi Lanningham, Ben Hart, Ilya Olskin, ErgoDex and Dewayne Cameron of Liqwid Finance.

Together the titans swap stories about how far they’ve come on this ecosystem. The transition from Plutus to developing with Haskell was one of the topics of conversation. A core discussion topic was also the need for a greater Cardano community to allow growth.

The talk ended with possible improvements these developers and project leaders would like to see in perhaps Cardano’s next hard fork. Let’s dive in and see how these conversations went. With a brief round of introductions, the talk began.

Meet the Leaders of Cardano’s Active Projects

Ben is the partner at MLabs and Plutus advisor. He is also director of Cardano operations. Plutus has been working closely with Ben over the past 8 months, as well as many other applications within the network.

Pi is next. He is Sundawe Swap Labs’ Chief Information Officer. His aim is to develop a decentralized cryptocurrency exchange that will be used for DeFi. To him, it’s very simple: provide someone with a token to access the means to gain another token.

Ilya, who is ErgoDex’s core developer, is on the opposite side. Dewayne is co-founder and CEO of Liqwid. Dewayne has been a Cardano resident for many years. He began his journey in the Cardano ecosystem when he became a part of a catalyst project early 2018. He has made a lot of progress since then.

All four experts come from different backgrounds but one thing they have in common is the fact that they’re all familiar with developing and coding. Sebastien asked them what they thought about the transition from Haskell programming to Plutus.

This was answered pretty well. Ben believes that Plutus and Haskell have an interesting friendship. The way Plutus was built, Ben says that is why this relationship exists. It is easy for Plutus users to switch from Haskell. He also mentions that Cardano employs eUTXO which makes it a unique model from other blockchains and the first.

Ilya says that there was more to the learning of specifics than learning whole new codes. Likewise Pi also agrees on how there wasn’t much to unlearn but rather more to add on to their existing knowledge. Dewayne said that the task was more about adapting to a design pattern, which is easy once you start.

Cardano is set to grow with its community

Sebastien next brings up an interesting point. He says it’s crucial for each project to have a strong community in order to be successful. So he questions the group about their plans to achieve that success.

All four agree this is true for their respective projects, but in reality it is the spirit of decentralization which shines through. Stablecoins, for example, could be used to provide liquidity to an exchange with the DEX. ErgoDex also offers software development kits that developers can use to add functionality.

Pi believes it is also necessary for a village in order to raise a child. Cardano, which is still very young, is dependent on the success of the whole community. Pi believes in the power of cooperation and interconnectivity. To achieve true growth, he stresses the necessity for trust and inclusion. If this is followed, everyone can gain from an agreement and make it work.

Dewayne insists that here, composability will be the winning strategy. Partnerships allow projects to come together and create new functions. It could also create new value that benefits users and partners as well as the whole blockchain.

Ben then adds two more pence. According to Ben, with NFTs and DeFi booming in recent years, there is only one way forward. It is possible to raise a project in many different and exciting ways. He says it is going to be a lot more exciting once DeFi’s first layer has been completed.

Sebastien then asks: What is the top thing developers want to see in the Cardano next hard fork’s new Cardano? 3/4 of the respondents chose to use read-only inputs in UTXO.

It was an interesting assembly that resulted in some very insightful conversations. This reader believes that the most important aspect of this assembly was their clear support and commitment. As with any other blockchain, the key to success is the faith of the community in the project.

Cardano’s community seems in great hands. It is a great thing to see the leaders of the community stay with the organization for the long term. Much like the founder of Cardano himself — Charles Hoskinson, the drive is to support one another, build, grow, and expand until the final barriers are broken through.

Hoskinson spoke to the larger crypto-verse recently in an attempt to get rid of all the negativists. Cardano has just begun and Cardano continues to work towards achieving every milestone. Cardano’s next stage will arrive soon, and the future looks bright. Keep watching to find out what Cardano brings next.

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