Charles Hoskinson, the founder of Cardano, provides a charming replacement on how rollups should be implemented for the community.
A Twitter user noticed that the founder of Cardano had mentioned rollups or a rollup process twice in YouTube videos this year and inquired further as to which project he was specifically talking to. Hoskinson alluded about the debut of ZK-rollups on Cardano in an AMA in April, saying that a “lovely plan” is in the works.
The creator of Cardano mentioned sidechain projects requiring rollups in response to the customer’s question. Midnight is being targeted as the main consumer, and the deployment is being completed on a pretty aggressive timeframe, he continued.
“The sidechains project demands it. We have a very ambitious timeframe for implementation. The first consumer would be at midnight, Hoskinson said.
The privacy blockchain Midnight, which can operate as a sidechain of the Cardano blockchain, was introduced by Enter Output International, the Cardano builder, last year.
Midnight provides a trustless environment that secures sensitive personal and business information while being compliant by utilizing zero-knowledge cryptography (ZK proofs) and a combination of personal and public computation. Examples of use cases include supply chain operations, healthcare data, and financial workflows.
Cardano improves Layer 2 possibilities
The development of Layer 2 choices, particularly sidechains and off-chain solutions (like ZK rollups), which operate independently from the main blockchain, has advanced thanks to Cardano.
In February of this year, the EVM sidechain created by IOG was made available on the public testnet, enabling the community to construct decentralized applications (dApps), build solid contracts, and transfer tokens across the testing environment chains.
The testnet allows developers to create Solidity good contracts, dApps, and ERC20 currencies on Cardano test environments and is compatible with Ethereum’s tools and frameworks.
IOG released a toolbox for creating customized sidechains at the start of the year, enabling developers to create blockchains for specific use cases on the platform.