Cardano And Polkadot Will Collaborate On Implementing Partner Chains

Cardano, the popular Layer 1 blockchain developed by former Ethereum co-founder Charles Hoskinson, reportedly intends to leverage the foundational structure of Polkadot, a rival Layer 1 blockchain created by fellow Ethereum co-founder Gavin Wood. Cardano envisions a global network of interconnected blockchains through its partner chain concept.

Cardano looking to improve

Cardano will be adopting a strategy involving the utilization of the Substrate framework provided by Polkadot. Through it, Cardano hopes to implement its upcoming partner chain initiative, as announced by Input Output Global (IOG), the developers behind Cardano, on November 3rd.

Following the announcement, the ADA token saw a 2.2% increase, reaching its highest level since July of this year, while the DOT token remained relatively stable, aligning with BTC and ETH, according to CoinGecko.

Introducing partner chains

The implementation of partner chains is a novel concept that is poised to transform the manner in which new blockchains are launched and managed by amalgamating modular blockchain technology with the proven security, liquidity, and dependability of the Cardano platform.

Moreover, the partner chain model facilitates seamless interactions among independent chains. To streamline this process, the modular structure and flexible design provided by Substrate render it suitable for various chain configurations, a fact which was the basis for the Cardano and Polkadot partnership.

Through this move, Cardano will no longer be a solitary blockchain framework, as instead it shall transition to a network of numerous chains, each possessing distinct strengths and capabilities. Hoskinson is hopeful that this will also help the platform compete with others trying to become the ultimate altcoin, such as Solana, Polygon, and Ethereum.