Charles Hoskinson, the inventor of Cardano, gives an intriguing update on the network’s rollup implementation.
A Twitter user questioned the Cardano founder about which project he was explicitly talking to after seeing that he had mentioned rollups or a rollup strategy twice in YouTube videos this year. Hoskinson alluded about the introduction of ZK-rollups on Cardano in an AMA in April while also saying that a “beautiful plan” is in the works.
The founder of Cardano mentioned sidechain initiatives requiring rollups in answer to the user’s query. Midnight is intended to be the first user of the system, he continued, adding that it is being carried out on a very ambitious timeline.
“It is necessary for the sidechains project. Our implementation timetable is pretty aggressive. The first user will be Midnight, Hoskinson said.
Midnight, a privacy blockchain that would function as a sidechain of the Cardano blockchain, was announced by Cardano creator Input Output Global last year.
Midnight will offer a compliant, trustless environment that secures sensitive personal and commercial data using zero-knowledge cryptography (ZK proofs) and a mix of private and public compute. Supply chain management, healthcare data, and financial procedures are a few examples of use cases.
Cardano advances Layer 2 solutions
Cardano has made strides in the creation of Layer 2 solutions, especially sidechains and off-chain solutions (like ZK rollups), which operate apart from the primary blockchain.
In February of this year, the EVM sidechain created by IOG was released on the public testnet, enabling the community to run decentralised applications (dApps), construct smart contracts, and transfer tokens across testing environment chains.
The testnet enables developers to create Solidity smart contracts, dApps, and ERC20 tokens on Cardano test environments and is interoperable with Ethereum’s tools and frameworks.
IOG released a toolset for creating unique sidechains at the beginning of the year, enabling platform developers to create blockchains for specific use cases.
