Charles Hoskinson, the founding father of Cardano, has expressed curiosity in partnering with Kraken, a significant U.S. cryptocurrency trade, to construct its layer-2 blockchain community.
This transfer comes as Kraken is actively searching for a blockchain developer to boost its technological capabilities, with notable contenders already being within the working.
Kraken’s seek for a blockchain companion
Kraken’s ambition to launch its personal layer-2 community is a part of a broader development amongst main crypto corporations to increase their operations into blockchain expertise improvement.
This technique not solely opens up potential new income streams but in addition solidifies their standing within the quickly evolving digital forex market.
Kraken is presently contemplating a number of main blockchain expertise corporations, together with the likes of Polygon and Matter Labs. It’s not clear whether or not or not Cardano will finally make the reduce.
Coinbase’s layer-2 success
Coinbase’s foray into layer-2 networks has set a precedent within the business. Their community, Base, constructed on the OP Stack in collaboration with Optimism, has efficiently improved the effectivity and consumer expertise of working decentralized purposes on Ethereum.
Notably, Base has turn out to be the tenth hottest chain by whole worth locked, exceeding $300 million.
Bolstering its dedication to transparency and neighborhood collaboration, Coinbase lately open-sourced Base’s code, inviting public contributions and scrutiny to boost the Ethereum Layer 2 community.
