Cardano and Ethereum are collaborating on a quantum-secure identity wallet.
This innovation could redefine the future of blockchain security.
Charles Hoskinson weighs in on Ethereum’s conundrum.
Cardano and Ethereum are both highly reputable blockchain in the web3 space. WHile both blockchain are recognized as legacy chains, Ethereum garnered a lot of commendation from the crypto community for its earlier start. Meanwhile, Cardano took a slow and steady route allowing it to finally gain recognition now. Presently Cardano and Ethereum are collaborating on a quantum-secure identity wallet.
Cardano and Ethereum Collaborate
Earlier today, Cardano beat Ethereum and claimed the top spot in yearly core developer activity. This marked Cardano as not just a rapidly growing blockchain, but also a leader in the web3 space. Meanwhile, Ethereum enthusiasts also mark the many accomplishments of the Ethereum blockchain including the fact that the ETH ecosystem hit a new ATH with 15,400,000 active addresses.
https://twitter.com/MinswapIntern/status/1917151354042331436
Both blockchain are highly recognized and with Cardano’s latest upgrades the blockchain is now gaining more attention than ever. As we can see from the post above, the video showcases how Cardano and Ethereum are collaborating to launch a quantum-secure identity wallet. The Cardano Foundation and Ethereum Foundation could soon reveal a brilliant addition to web3 and blockchain innovation soon.
The crypto community responds bullishly to this collaborative effort and hope to see the entities work together to make the whole internet and enterprise architecture quantum-secure whilst sharing academic research. Furthermore, this collaboration could spark a redefining of the future of blockchain security. Indeed, this is bullish news, and perhaps their collaborative efforts won’t stop here.
Ethereum’s Last Hope Major Changes Ahead?
Specifically, Cardano has been stirring quite the interest in the crypto and blockchain community. The founder of Cardano, Charles Hoskinson took a slow and steady approach when it came to Cardano’s roadmap. This blockchain experienced a slow and steady development based on heavy research and peer reviews. Hoskinson foresaw the many hurdles the web3 realm would face and aimed to deliver a truly decentralized blockchain, even if it meant a slow start.
In contrast, Ethereum kicked off running. This blockchain is credited with introducing smart contracts, a functionality that opened big doors of opportunity and innovation for web3 developers. However, Ethereum's early start led to plenty of challenges, challenges that are still plaguing the blockchain despite the many solutions its developers tried to employ. Despite this, the ETH community remains hopeful and awaits a dedicated solution to the blockchain's many issues.
https://twitter.com/MinswapIntern/status/1916848537351946488
As we can see from the post above, the Founder of Cardano, Charles Hoskinson reveals that Ethereum could still be fixed but only with major changes. He highlights how the founder of Ethereum, Vitalik Buterin, is looking at RISC-V and adds that Ethereum could also look at adopting a Sui-style object model to upgrade Ethereum’s consensus to Sui’s Narwhal and Tusk. Will Ethereum finally pull through?
