Cardano (ADAUSD)

[nosfelle]

Cardano (ADA)'s Hungry Layerverse

You might remember a video on this channel from back in September called "Cardano & the Layerverse." That video was about the idea that the Cardano baselayer, the L1, the mainnet, would always represent the Cardano root of trust while an arbitrary number of additional layers representing arbitrary programming paradigms & trade offs between scaling, decentralization, and security could & would be built on top of that baselayer. Today, the advent of EVM compatibility in Cardano also brought us the birth of that layerverse. But this...this will just be the first of many, many hungry layers that will happily gobble up the assets of other chains.

$ADAUSD