“Cardano: Charles Hoskinson Seeks Partnership with Kraken for Layer-2 Development“
The founder of Cardano, Charles Hoskinson, has expressed his desire to collaborate with the crypto-exchange Kraken in the development of a Layer-2 blockchain network. In a tweet, Hoskinson indicated his willingness to partner with Kraken for this purpose.
Kraken’s Interest in Layer-2 Networks
Kraken has recently shown interest in layer-2 networks, particularly to mediate the Base network launched by competitor Coinbase. Among the potential candidates for collaboration with Kraken are Polygon, Matter Labs, and Nil Foundation. Additionally, Kraken has posted a job opening for a “Senior Cryptography Engineer,” further indicating its commitment to layer-2 solutions.
Cardano as a Candidate
Hoskinson is urging Kraken to consider Cardano as a potential partner for the development of their layer-2 network. While Polygon, Matter Labs, and Nil Foundation are currently favored candidates, Cardano’s advanced technology and reliable track record make it a strong contender for this partnership.
Hot Take: ADA’s Role in the Crypto Industry
During the recent Cardano Summit 2023 in Dubai, Hoskinson emphasized that Cardano (ADA) serves as the foundation of trust for the entire crypto industry. He highlighted the project’s remarkable achievements over the past 7 years and its potential for future growth and community governance. Despite Bitcoin and Ethereum’s dominance in the industry, Hoskinson underscored Cardano’s resilience and reliability after operating uninterrupted for 5 years.
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