Cosmos-Based Canto Blockchain Reverses Course on Polygon Layer-2 Plans, Unveils New Roadmap

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 68 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 63%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Margaux Nijkerk reports on the Ethereum protocol and L2s. A graduate of Johns Hopkins and Emory universities, she has a masters in International Affairs & Economics. She holds a small amount of ETH and other altcoins.

Cosmos-based layer-1 blockchain Canto unveiled its"Cyclone Stack," aimed at scaling and improving performance. It is also reversing course on its previously announced plan to shift to an Ethereum layer-2 network.. The team clarified on Friday, however, that it will continue to function as a Cosmos-based layer-1 network. It will run

"Over the past few months we’ve been working closely with the polygon team doing research on the integration, and came to conclusion that we’ll be using their Type-1 prover to stay an L1 instead of becoming an L2," a representative for Canto told CoinDesk in an email."Consensus for this decision was made amongst all of the major contributors of Canto" and the project will tap into Polygon's AggLayer after Canto has finished some other upgrades, the representative added.

Canto announced Friday that it is pushing ahead with its new Cyclone Stack update, which will consist of three key upgrades called the Callisto Upgrade, the Kallichore Upgrade and the Elara Upgrade. According to a Canto statement reviewed by CoinDesk, the upgrade is designed to speed up block times, increase storage access speeds and set new standards for execution.

Canto says its Cyclone stack will also be fully compatible with all EVM tooling and applications. : Following this story's publication, a Canto representative clarified that the team has reversed course on its plan to transition to an Ethereum layer-2 network powered by Polygon's CDK. Canto will remain a layer 1 blockchain and run Polygon's type-1 prover. The team did not disclose this change publicly or to CoinDesk before publication.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in COİN

Coin Coin Latest News, Coin Coin Headlines