Cardano, Algorand Eyeing Potential Decentralized AI Partnership: Details
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Cardano and Algorand may be close to cementing a sought-after partnership that might see a part of their chains merge.
Since at least last year, Cardano Founder Charles Hoskinson has been sharing a proposal for Algorand to merge as partnerchain. The conversation took a new twist on X recently, with Gary Malouf, the Chief Technology Officer at Algorand, responding in the affirmative.
The Cardano Founder hailed Algorandâs innovative technology in the recent X post.
He said the Proof-of-Stake (PoS) network is fronting a âuseful proof of work tuned to AI inference.â
According to Charles Hoskinson, this combination will likely make Algorand the greatest decentralized AI powerhouse in the industry.
Furthermore, Hoskinson proposed that it would make sense for Algorand to become a partner chain. With his proposition, he sees the Minotaur innovation pushed to its limits.
For reference, the Cardano Partner Chain innovation was introduced in November last year.
It aims to offer Layer 1 protocols an avenue to benefit from Cardanoâs strengths and amplify their uniqueness. This model is related to the Polkadot Parachains. However, it comes with its uniqueness.
The Minotaur innovation combines the strength of PoS and Proof-of-Work (PoW) consensus models. This helps any protocol flourish, regardless of its underlying model.
With the right environment, Algorand may fit positively in with Cardano as a Partner Chain. The respective network leads are now open to the idea.
The duo of Cardano and Algorand were designed to correct the flaws inherent in Ethereum.
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