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Charles Hoskinson Supports Major Update To Boost Cardano’s Capacity

  • Charles Hoskinson supports Validation Zones to improve Cardano.
  • Validation Zones aim to resolve UTXO contention and enhance composability.
  • CIP-118 proposes Validation Zones to optimize transaction processes.

Charles Hoskinson, the founder of Cardano, has pointed out a “long overdue” innovation that would significantly strengthen the Cardano blockchain. Andrew Westberg, a Cardano Blockchain Developer, led the discussion on how the protocol finds it difficult to fulfil the user’s “intent” when these instructions are not fully defined.

Interestingly, the Cardano protocol is rigid at its core when it comes to handling commands directly from the user layer. The update that Charles Hoskinson highlighted, in general, tries to change this narrative.

When processing with malicious intent, the system often results in less-than-perfect conditions for the user. With on or off-chain layered transactions, Andrew Westberg’s method will enhance processing intent at the first run.

One advantage of his proposal is what he terms as composability and the Babel Fees he outlines. Furthermore, according to the developer, Cardano stakeholders should consider this proposal. Some of the key backers for it have already included Hoskinson and Romain Pellerin, the CTO of Input Output. However, it’s still unclear how the rest of the process will speed up.

Validation Zones Aim to Resolve UTXO Contention

In the case of Validation Zones, the reason is to decide on the UTXO contest. As Westberg presented, one of Cardano’s issues remains UTXO contention, or when transactions vie for the use of the same outputs.

Notably, the problem concerns other blockchains that implement the UTXO technique in conjunction with Cardano. He stressed that, due to this argument, consumers often experience several transactions for a single action in their wallets.

Perhaps the CIP-118 proposal’s validation zones could solve this and help the platform compound transactions more efficiently. This would greatly enhance transaction processing and composability.

Furthermore, according to Westberg, the implementation of Validation Zones will make possible other much-awaited features like Babel costs, which let users pay transaction costs in currencies other than ADA, Cardano’s native coin.

Cardano Protocol Improvements

Westberg cited protocol improvements that are squarely addressed in CIP-118, a Cardano Improvement Proposal that introduced a new Validation Zone structure.

If these zones have to be something that ‘begins’ others and ‘completes’ some others, then it seems logical to make them work out ‘partial intents’ or transactions in the form of ‘requests’ and ‘fulfilments.’

This would allow transactions to stay flexible until they are fully validated, which would assist enhance operations like swaps and other decentralized exchange (DEX) activities. This arrangement would increase productivity and preserve strong ledger guarantees as the Cardano ecosystem just hit seven a few weeks ago.

At press time, Cardano (ADA) is trading at $0.352, showing a 4% price surge in the last seven days. Concurrently, analyst Dan Gambardello predicted that Cardano (ADA) would reach $0.5 by the end of October.

Disclaimer

The contents of this page are intended for general informational purposes and do not constitute financial, investment, or any other form of advice. Investing in or trading crypto assets carries the risk of financial loss. The forecasted data (also called “price prediction”) on this page are subject to change without notice and are not guaranteed to be accurate.

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Kelvin Munene
Kelvin Munene
Kelvin is an experienced crypto journalist with over 6 years of experience backed by an Actuarial Science and English Degree. He has over 10,000 works published under his profile in several major media sites in the crypto, Web 3, and Finance sectors.