After Cardano’s Alonzo upgrade which introduced smart contract capabilities, and the success of the high-profile Cardano Summit, more players – both in and out of the crypto sector – have their eyes on the third biggest blockchain by market cap.
In a recent interview, IOHK CTO Romain Pellerin spoke to Thinking Crypto host Tony Edward about Cardano, its growing use cases, and expansion into Africa.
Apart from partnerships with Dish and Boost Mobile, Pellerin spoke about Cardano’s relationship with Chainlink and the importance of oracles. Oracles provide data from the outside world to smart contract platforms. Pellerin pointed out that a DEX would require information such as USD/ADA conversion rates and for this, oracles were necessary.
Coming to the end user’s experience, he said,
“We should not notice that we have blockchain technologies involved behind the scene[s]. But the purpose of blockchain is to give you, your data; give you – the user – their identity back, and the control and the ownership on their data.”
Furthermore, Pellerin commented on Chainlink’s bridge technologies to connect various networks.
When Edward asked about any planned upgrades in 2021 and 2022, Pellerin spoke about the upcoming Basho era and the importance of scalability. Amongst other things, he stressed on side chains, node improvement, and roll-ups.
Pellerin also used this opportunity to bring up Project…