In his last live broadcast, the founder of Cardano, Charles Hoskinson, presented a bold vision for the future of Blockchain, describing how the network could monetize his robust security infrastructure selling it to other block chains. The proposal revolves around validated services (AV) actively validated, an increasing trend in cryptographic space that takes advantage of the existing participation test security to admit external networks.
Cardano as a universal security provider
HOSKINSON explained This cardan stagnation test system (POS) is among the safest in the industry and to take advantage of it as a service could create a new lucrative income flow. “We recognize that Cardano’s post is quite safe,” he said. “It is a price of $ 25 billion over two [years]… It is very expensive to build a network with this level of security. So why can’t we sell it?
The AVS concept allows Blockchain networks to effectively rent the safety of established chains, reducing costs and barriers to launch new networks while improving safety simultaneously. Hoskinson made reference to networks such as Eigenlayer and Karak, which have already implemented similar models, attracting a significant investment.
“The investigation of the chains of partners is about turning Cardano into a universal layer of AVS such as Karak,” he said, pointing out the value proposal in the tens of billions of dollars. He also highlighted how other projects that use AV have already secured associations with the main actors in the industry, including Coinbase, Lightspeed and DCG.
Under this model, the Cardano stake pool operators (SPO) would benefit from multiple income flows, gaining additional tokens that could become ada or stay separately. This model could also generate income for the Cardano Treasury, depending on how it is structured.
“Stake pool operators get multiple income flows as a result of this,” said Hoskinson. “They can convert those tokens again into ad, or they can keep them in their own right, and Cardano’s treasure can also obtain them if it is designed properly.”
Consensus of several resources
Beyond AVS, Hoskinson detailed another significant change for the Cardano road map: consensus of several resources. This concept implies the combination of different consensus mechanisms, such as the stake test and the work test, to increase the resilience of the network and inclusion.
The change towards the consensus of multiple resources is promoted by concerns about possible attacks against post networks. “Let’s say the stagnation test can be attacked: the United States government buys the entire ADA and 51% attack us. Well, what about Hash Power or something else? He posed.
Hoskinson emphasized that the integration of multiple consensus mechanisms would not only strengthen the network but would also open doors to new applications, including AI and social networks. “Being able to place multiple consensus algorithms is super great because you not only get the most resistant network, it is very difficult to close, but you can start adding many different resources,” he said.
Hoskinson framed the ongoing discussions about the budget and the road map as a critical situation for the project. “Does Cardano have a great network effect like Bitcoin that can afford to be stagnated?” asked. “Selling our consensus services means that we are monetizing an asset that we already have. It is not a hypothetical, like, should we buy this or not? We already possess it. Should we sell it?
While Cardano prepares for the next phase of his development, Hoskinson promised to make more videos discussing the road map and logic behind the key decisions. “Throughout this month, I’m going to talk a lot about the road map and why these things are there,” he said.
At the time of publication, Ada quoted at $ 0.8184.
Outstanding image created with Dall.E, Record of TrainingView.com
