In a significant strategic shift, the Canto blockchain has decided to remain within the Cosmos ecosystem as a Layer 1 (L1) network, diverging from its earlier plans to transition towards the Ethereum ecosystem through a collaboration with Polygon.
The decision, fueled by extensive research and consensus among major contributors, marks a pivotal moment for Canto as it aims to bolster its infrastructure and capabilities without migrating to a Layer 2 (L2) solution.
A deep dive into the decision-making process
The journey towards the decision involved close collaboration with the Polygon team, focusing on the integration aspects and evaluating the benefits of utilizing Polygon’s Type-1 prover technology. The collaborative research led to a unanimous decision among Canto’s key contributors to leverage the Type-1 prover, enabling Canto to enhance its performance and scalability while maintaining its status as an independent L1 blockchain. The integration with Polygon’s AggLayer, a move aimed at further scaling and improving Canto’s blockchain performance, is slated to follow the completion of several other critical upgrades.
Canto’s commitment to innovation and improvement is further underscored by the announcement of its Cyclone Stack update. The update is a comprehensive package of three key upgrades: the Callisto Upgrade, the Kallichore Upgrade, and the Elara Upgrade. Each of these upgrades is designed with specific goals in mind, including accelerating block times, enhancing storage access speeds, and setting new benchmarks for execution efficiency. The Cyclone Stack represents a significant leap forward in Canto’s quest for high performance and scalability, addressing some of the most pressing challenges faced by blockchain networks today.
Cyclone Stack Enhancing compatibility and performance
A notable aspect of the Cyclone Stack is its full compatibility with all Ethereum Virtual Machine (EVM) tooling and applications. The strategic move ensures that developers can seamlessly build and deploy applications on Canto, leveraging the familiar and widely-used EVM framework. By maintaining EVM compatibility, Canto not only facilitates a smoother transition for developers already working within the Ethereum ecosystem but also opens up a realm of possibilities for new applications and innovations on its platform.
Canto’s Cyclone Stack represents a significant leap towards establishing itself as a premier blockchain platform, designed with developers and users in mind. The suite of upgrades emphasizes enhanced performance, scalability, and compatibility, showcasing Canto’s commitment to meeting the evolving needs of the decentralized application ecosystem.
By prioritizing these key areas, Canto is strategically positioning itself as a strong competitor in the blockchain arena. The platform is geared up to support the expanding requirements of decentralized services, marking a pivotal step in its journey towards becoming a leading blockchain solution.
Conclusion
Canto’s decision to remain a Cosmos-based L1 network and its subsequent unveiling of the Cyclone Stack highlight a strategic pivot aimed at harnessing the full potential of its blockchain infrastructure. Through the approach, Canto not only reaffirms its commitment to the Cosmos ecosystem but also sets a new course for future growth and innovation. As the blockchain landscape continues to evolve, Canto’s focus on scalability, performance, and developer-friendly solutions positions it as a key player in the ongoing development of decentralized technologies.
Earn more CFN tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://cryptoforum.news0
CFN Comment Policy
Your comments MUST BE constructive with vivid and clear suggestion relating to the post.
Your comments MUST NOT be less than 5 words.
Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.
Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.
Constructive REPLY to comments is allowed