Tech
Cardano uses Polkadot tech stack for partner chains
According to a November 6 post on X, Cardano has chosen to use Substrate, the foundation of the Polkadot SDK, to build its partner chain project.
This decision is said to have been made after four years of research, culminating in Cardano choosing the Polkadot SDK, formerly Substrate, as the ideal choice due to its modular and flexible design.
A self-sovereign blockchain
One of Cardano’s core developers, IOG continues to describe Substrate as a “proven open-source modular framework” and will contribute a set of composable pallets to expand its overall reach.”
1/ Cardano will use Substrate, the basis of the Polkadot SDK, to develop its “partner chain” project, showcasing Substrate’s potential to expand to Web3 and its ease of use for other chains and ecosystems 🛠️
— Polkadot (@Polkadot) November 6, 2023
As stated by a community member GokuMidnight is probably the first to adopt these partner chains, with a CEO who has roots in Parity Tech.
The thread goes on to point out that Substrate can be used to create self-sovereign blockchains that operate separately from Polkadot, citing Polygon’s Avail project as an example.
On an upward trend
In the first week of the month, Cardano has seen a strong trend, with ADA rising 7.5% to reach $0.348808, the highest level in about four months, according to data from November 5, which may partly be due to the Cardano Summit 2023 which was held from 2 to 4 November.
Cardano Price Chart | Source: CoinMarketCap
However, after this announcement, the price of Cardano dropped by 4.23%, currently standing at $0.34.