Maybe there will never be another Cardano, all coins now go for 70% pre - mine and this trend continues. They have very heavy insider allocations and employ a pretty much employ a notion of BaaB - Blockchain as a Buisness / Company Model. Typically those blockchains use BFT consensus (sharded or not) with 33% honest majority.
Some innovations there in other chains are interesting and it would be great to bring them one day to Cardano, especially:
- UTxO-HD, to keep node memory requirements low
- state pruning for node operators (if somebody doesn't want to store the full ledger or doesn't need to)
- recursive snarks enabled cardano-node
- zkLogin (SUI)
- e.g. gRPC / WebSocket / REST connectors in the cardano-node
- (pretty much what Midnight is building)
- Minotaur (consensus such that resources are shared and multi-resource consensus)
- Horizontally scalable L2 with dApp elastic scaling (e.g. Midgard L2 - game changer)
- Cardano supported DA for Validiums (SKY)
- Rollups support on L1
- Ouroboros Peras
- Ouroboros Leios / Input Endorsers (inspired by Bitcoin Prism I believe)
- Tiered Pricing, split blockchain bandwidth into buckets with different prices
- Hydra L2: incremental commit and inter-head communication
- substrate stack (partner chain framework)
- mutexo by
@MicheleHarmonic
- CIP-113 for clawbackable / freezable assets as well as smart contract based royalties for NFTs
- Oracle network utilizing partner chains
- explore protocols for cross chain swaps
The key is that our Cardano blockchain is very solid, we are adding on top of strong base, not flaky base just to immediately get users and think about technology later.
All of this above with Nakamoto Style Consensus, 51% honest majority security without reducing it to BFT, 33% honest majority which pretty much every "modern BaaB" chain does these days. At Cardano's level of decentralisation and very high MAV of ca. 35, this is a blockchain that could handle billions of transfers in value moving forward without a fear that a few actors could easily attack it (which BFT 33% honest majority consensus allows you cause liveness issues from having as little as 33% stake of the network).
Where I am standing it is impossible not to be bullish on where we going. Cardano is home. Where I am standing I believe other users fall pray to other blockchains marketing gimmicks without seeing and fully understanding innovations here.
#Cardano