With Ethereum scaling dominating the headlines, Cardano is also making noteworthy strides. Chris O, a prominent community member, recently underscored the importance of the upcoming “SuperNode” for Cardano & its affiliated chains, including off-chain, Hydra, Mithril, and roll-up models. The SuperNode concept is already an existing technology, and the team was inspired by Hyperledger Firefly Node, touted to bring a transformative change to the smart contract blockchain.
Built by Kaleido, a blockchain and digital asset platform provider, Hyperledger FireFly is an open-source platform that helps build blockchain-based applications, multi-chain interoperability, and tokenization. It is designed to break down the layers of complexity that sit between the low-level blockchain and high-level business processes and user interfaces. In essence, Firefly allows developers to build applications that are designed to work with multiple parties.
During a conversation with founder Charles Hoskinson, Chris O stated that Cardano’s SuperNode would take inspiration from FireFly. Imagine a DApp with a “state” dispersed across various locations: UI on the chain, state on MidnightNtwrk, off-chain elements, Hydra channels, etc. Consider the efficiency and robustness these DApps could achieve. The capabilities they offer would be immense, claimed Chris.
Keeping aside the technological point of view, the social and economic aspects are significant. In a scenario where an SPO runs a SuperNode that validates for multiple partner chains in addition to Cardano, the rewards earned by validating these protocols then get passed on to their delegators. Overall, the growth activity would be tremendous, Chris explained. Pool operators and stakeholders are vital for success. 1200 active pools and 1.3 million stakers are a solid basis for a high degree of decentralization.
Cardano is selling and making a profit on its greatest asset. It’s decentralization & security. I highly recommend y’all rewatch mine and the dapp_central video with Charles & Eran. The future is bright.
Cardano In Action
Shifting gears, we turn our attention to the UAE’s forward-thinking approach to adopting the smart contract network for real-world applications. Marking a transformative leap into widespread adoption, the UAE has now integrated the blockchain to enhance the security of its criminal investigations. The groundbreaking revelation was unveiled at the recently held World Police Summit.
Spearheaded by the Dubai Police, the Cardano-based pilot project showcased how sensitive data from criminal investigations can be shared securely with international authorities such as Interpol.