Justin Bons, founder and CIO of Cyber Capital, shares his opinion on core focuses for Cardano (ADA) scaling
A prominent analyst and investor is not optimistic about L2s as a way to scale programmable blockchains. That is why he proposes an alternative solution for Cardano (ADA), the second largest proof-of-stake (PoS) platform, to advance its throughput.
Cardano (ADA) scaling strategy criticized by top analyst
The Cardano (ADA) and Avalanche (AVAX) blockchains should be focused on scaling their Layers-1 more instead of relying on second-layer scaling mechanisms such as Hydra and other sidechain instruments. Such a recommendation was shared by Justin Bons on his personal X today, Sept. 18, 2023.