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HomeCrypto NewsMarketWhat's Next for Cardano after Plomin? Input | Output Offers a Glimpse

What’s Next for Cardano after Plomin? Input | Output Offers a Glimpse

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Primary Cardano development firm Input | Output offers a glimpse at the network’s possible future following the Plomin hard fork with a 2025 roadmap proposal.

In the last 24 hours, the Cardano network achieved a major milestone in its development. The implementation of the Plomin hard fork, which introduced full decentralized governance, effectively completed the network’s foundational development roadmap.

So, what’s next for the long-running Layer 1 chain? The network’s primary developer, Input | Output (IO), has offered a glimpse of what could be possible.

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Three Key Pillars

Primary Cardano developer Input | Output has offered a glimpse at the network’s possible future following the Plomin hard fork with a 2025 roadmap proposal.

The proposal introduced in a Wednesday, January 29 blog post suggested three development priorities for the network: scalability, usability and utility, and interoperability and extensibility.

With these focus areas, IO hopes to scale Cardano to support billions of users, allow developers and decentralized applications to flourish, and be the beating heart of a thriving multichain ecosystem that includes Bitcoin.

Scalability 

IO sees the Cardano network supporting billions of customers by 2030. However, the firm outlined that getting to this stage requires a multifaceted approach, including its Hydra solution, Layer 2 rollups like Midgard and Gummiworm, and proposed consensus layer updates to unlock parallel transaction processing with Ouroboros Leios and Peras.

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As Cardano founder Charles Hoskinson recently highlighted, Layer 2 chains are already working to integrate Hydra while Ouroboros Leios is being prototyped.

Usability and Utility 

Beyond scaling to serve more users, IO has suggested that the Cardano network also prioritize improvements and expansions of developer tools while making the chain more accessible to users.

The firm suggests supporting multiple programming languages. It also pushes for the advancement of identity tools like Hyperledger Identus and the privacy-focused protocol Midnight. Further, it champions the implementation of Babel fees, an idea to simplify transactions by allowing fees to be paid in any token.

Interoperability and Extensibility 

IO believes that the Cardano network can become the center of a thriving multichain ecosystem that includes even Bitcoin by extending its capabilities for greater interoperability.

To achieve this, the firm suggests a layered node architecture, a multi-resource consensus, and hybrid DApps leveraging the multi-resource consensus for atomic cross-chain transactions.

The firm also talked up Cardano’s push to become a smart contract layer for Bitcoin through its BitcoinOS partnership. According to IO, in 2025, they will explore merged mining and ways to allow Bitcoin holders to interact with Cardano DeFi and experience private transactions on Midnight.

IO contended that focusing on these areas will be the key to bolstering the widespread adoption of Cardano. Ultimately, however, how the network progresses from here is now up to the community.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Okoya David
Okoya David
Okoya David Kio is a crypto enthusiast passionate about understanding what makes the nascent market tick. When he's not pondering about cryptocurrencies, you might find him in a BP debate room trying to proffer solutions to age-old societal problems.

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