fbpx
  • Price Tracker
  • Guest Post
  • Advertising & Partnership
  • Press Release
  • Editorial Policy
Coin Culture
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Business
    • Policy & Regulation
    • Tech
    • People
  • Markets
    • Forecast
      • Ethereum Price Predictions
      • Bitcoin Price Predictions
  • 101 Guide
    • Blockchain Guide
    • Trading Guide
    • Bitcoin Guide
    • DeFi Guide
    • Ethereum Guide
  • Product Reviews
    • Crypto Exchange Reviews
      • CoinSpot Review
      • Swyftx Review
      • Binance Australia Review
      • MEXC Review
      • BitMart Exchange Review
      • Bybit Australia Review
      • CoinSpot Mastercard Review
    • Exchange Comparisons
      • CoinSpot vs Swyftx vs Binance
      • Coinspot vs Binance
      • Crypto.com vs. Binance
      • CoinSpot vs Kraken
      • Swyftx vs Coinbase
  • Contact
    • About Us
    • Submit Press Release
    • Submit Querry
    • Submit Guest Post
  • Crypto Wiki
No Result
View All Result
Coin Culture
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Business
    • Policy & Regulation
    • Tech
    • People
  • Markets
    • Forecast
      • Ethereum Price Predictions
      • Bitcoin Price Predictions
  • 101 Guide
    • Blockchain Guide
    • Trading Guide
    • Bitcoin Guide
    • DeFi Guide
    • Ethereum Guide
  • Product Reviews
    • Crypto Exchange Reviews
      • CoinSpot Review
      • Swyftx Review
      • Binance Australia Review
      • MEXC Review
      • BitMart Exchange Review
      • Bybit Australia Review
      • CoinSpot Mastercard Review
    • Exchange Comparisons
      • CoinSpot vs Swyftx vs Binance
      • Coinspot vs Binance
      • Crypto.com vs. Binance
      • CoinSpot vs Kraken
      • Swyftx vs Coinbase
  • Contact
    • About Us
    • Submit Press Release
    • Submit Querry
    • Submit Guest Post
  • Crypto Wiki
No Result
View All Result
Coin Culture Logo
No Result
View All Result

Home » dcSpark CTO Justifies Why Cardano Is Among The Worst Blockchains For Data Storage

dcSpark CTO Justifies Why Cardano Is Among The Worst Blockchains For Data Storage

Lucas N by Lucas N
August 16, 2022
in People
dcSpark CTO Justifies Why Cardano Is Among the Worst Blockchains for Data Storage
Share on FacebookShare on Twitter

On Saturday (13 August), Sebastien Guillemot, the chief technology officer (CTO) of blockchain business dcSpark, stated that the L1 blockchain Cardano ($ADA) is among the worst blockchains for storing data and went on to explain why.

You might also like

Michael Saylor Contends that he Supports Bitcoin Self-Custody Amid Community Backlash

Economists Endorse Ethereum Founder Vitalik Buterin as Nobel Prize Contender

Elon Musk Wins Dogecoin Lawsuit: Judge Dismisses $258 Billion Case

If you’re wondering what dcSpark has done, its development team says its primary objectives are to:

  • “Extend Blockchain Protocol Layers”
  • “Implement First-Class Ecosystem Tooling”
  • “Develop and Release User-Facing Apps”

In April 2021, Nicolas Arqueros, Sebastien Guillemot, and Robert Kornacki co-founded the company. In the Cardano community, dcSpark is known for its sidechain project Milkomeda.

One Cardano supporter tweeted on Friday (12 August) that Cardano is an excellent blockchain for storing massive volumes of on-chain data.

One of the most interesting innovations that Cardano brings with the EUTXO model is how data can now be stored on chain which means it can never be destroyed. We are testing it right now in Ethiopia to store schooling documentation but the possibilities are endless.

— Lucid (@LucidCiC) August 12, 2022

The CTO of dcSpark said that Cardano’s present architecture makes it one of the worst blockchains for data storage.

“Really strange tweet. Cardano is definitely one of the worst blockchains for storing data and this was an explicit design decision to avoid blockchain bloat and it’s the root cause of many design decisions like plutus data 64-byte chunks, off-chain pool & token registry, etc…

Vasil improve this with inline datums, but they are indirectly discouraged because of the large cost of using them. I do agree that having the blockchain provide data availability is an important feature, but having a good solution will require changes to the existing protocol.“

Then, another $ADA holder questioned Guillemot if this design decision may make it more difficult for teams developing roll-up solutions (such as Orbis), to which Guillemot responded:

“Yes, trying to provide data availability for use cases like rollups, mithril, input endorsers and other similar data-heavy use-cases while keeping the L1 slim (unlike Ethereum which optimizes for people just dumping data) is one of the large technical challenges being tackled“

Charles Hoskinson, co-founder and chief executive officer of IOG, published a video on 1 August in which he explained why the Vasil hard fork had been postponed for a second time and offered an update on the testing of the Vasil protocol upgrade. Hoskinson said:

“Originally, we planned to have the hard fork with 1.35, and that’s what we shipped to the testnet. The testnet was hard forked under it. And then a lot of testing, both internal and community, were underway. A collection of bugs were found: three separate bugs that resulted in three new versions of the software. And now, we have 1.35.3, which looks like it is going to be the version that will survive the hard fork and upgrade to Vasil.

“There’s a big retrospective that will be done. The long short is that the ECDSA primitives and amongst a few other things are not quite where they need to be. And so, that feature has to be put aside, but all of the remaining features, CIP 31, 32, 33, 40 and other such things are pretty good.

“So those are in advanced stages of testing, and then a lot of downstream components have to be tested, like DB Sync and the serialisation library, and these other things. And that’s currently underway. And a lot of testing is underway. As I mentioned before, this is the most complicated upgrade to Cardano in its history because it includes both changes to the programming language Plutus plus changes to the consensus protocol and a litany of other things, and was a very loaded release. It had a lot in it, and as a result, it’s one that everybody had a vested interest in thoroughly testing.

“The problem is that every time something is discovered, you have to fix that, but then you have to verify the fix and go back through the entire testing pipeline. So you get to a situation where you’re feature-complete, but then you have to test and when you test, you may discover something, and then you have to repair that. And then you have to go back through the entire testing pipeline. So this is what causes release delays…

“I was really hoping to get it out in July, but you can’t do it when you have a bug, especially one that is involved with consensus or serialisation or related to a particular issue with transactions. Just have to clear it, and that’s just the way it goes. All things considered though, things are moving in the right direction, steadily and systematically…

“The set of things that could go wrong have gotten so small, and now we’re kind of in the final stages of of testing in that respect. So unless anything new is discovered, I don’t anticipate that we’ll have any further delays, and it’s just getting people upgraded…

“And hopefully, we should have some positive news soon as we get deeper into August. And the other side of it is that no issues been discovered with pipelining, no issues of been discovered with CIP 31, 32, 33 or 40 throughout this entire process, which is very positive news as well, and given that they’ve been repeatedly tested internally and externally by developers QA firms and our engineers, that means there’s a pretty good probability that those features are bulletproof and tight. So just some edge cases to resolve, and hopefully we’ll be able to come with a mid-month update with more news.“

Some Brief Comments on Vasil

Tags: Altcoin News
Lucas N

Lucas N

Lucas N is Coin Culture's managing editor for people and market, covering opinon, interview and market analysis. He owns Near, Aurora and Chainlink

Recommended For You

Michael Saylor Contends that he Supports Bitcoin Self-Custody Amid Community Backlash

by John Hobbs
October 25, 2024
0
Michael Saylor Contends that he Supports Bitcoin Self-Custody Amid Community Backlash

Michael Saylor, the co-founder of MicroStrategy, expressed his support for Bitcoin self-custody, calling it a fundamental right, following backlash from the crypto community over his recent comments on...

Read more

Economists Endorse Ethereum Founder Vitalik Buterin as Nobel Prize Contender

by John Hobbs
October 10, 2024
0
Economists Endorse Ethereum Founder Vitalik Buterin as Nobel Prize Contender

Two economists recently suggested that Ethereum co-founder Vitalik Buterin could be a candidate for the Nobel Prize in Economics due to his contributions to cryptocurrency. The comments were...

Read more

Elon Musk Wins Dogecoin Lawsuit: Judge Dismisses $258 Billion Case

by John Hobbs
August 31, 2024
0
Elon Musk Wins Dogecoin Lawsuit: Judge Dismisses $258 Billion Case

On Thursday, U.S. District Judge Alvin Hellerstein in Manhattan ruled in Musk's favour and ended claims against him and his company. Investors' Claims Rejected The lawsuit, revised four...

Read more

Kamala Harris Advocates for Crypto Industry Growth with Focus on Consumer Protection

by John Hobbs
August 22, 2024
0
Kamala Harris Advocates for Crypto Industry Growth with Focus on Consumer Protection

Vice President Kamala Harris is planning to support policies that promote growth in the crypto and digital asset sectors while ensuring consumer protection, according to a Bloomberg report...

Read more

Justin Sun Calls on China for Bitcoin Policy Reforms Amid US Crypto Strategy Developments

by Lucas N
July 30, 2024
0
Justin Sun Calls on China for Bitcoin Policy Reforms Amid US Crypto Strategy Developments

Justin Sun, the founder of the Tron blockchain, has encouraged China to adopt a more progressive stance on cryptocurrency policy. His call comes as former US President Donald...

Read more
Next Post
El Salvador And Its Ambitious Plan To Boost Up The Economy With Bitcoin

El Salvador And Its Ambitious Plan To Boost Up The Economy With Bitcoin

Most popular

  • Why Brands Should Adopt A ‘Hybrid DAO’ Model

    Why Brands Should Adopt A ‘Hybrid DAO’ Model

    178 shares
    Share 71 Tweet 45
  • 20 Best Crypto Copy Trading Platforms: A Curated List 2024

    669 shares
    Share 268 Tweet 167
  • Kucoin Review 2024: Features, Fees & More

    151 shares
    Share 60 Tweet 38
  • Guide To Crypto Twitter: Influencers, Traders And Ventures 2024

    1205 shares
    Share 482 Tweet 301
  • Coinbase vs Binance: A Side-By-Side Comparison 2023

    266 shares
    Share 106 Tweet 67

Recommended

Ethereum Foundation Reveals $788 Million in Crypto Holdings, Mostly in Ether, Amid Transparency Push

Ethereum Foundation Reveals $788 Million in Crypto Holdings, Mostly in Ether, Amid Transparency Push

November 9, 2024
Solana Surpasses Binance Coin (BNB) as Fourth-Largest Cryptocurrency

Solana Surpasses Binance Coin (BNB) as Fourth-Largest Cryptocurrency

November 8, 2024
Trump Declares Victory - What will the US Crypto be?

Trump Declares Victory – What will the US Crypto be?

November 6, 2024
Kraken Introduces Crypto Derivatives Suite for Australian Wholesale Clients

Kraken Introduces Crypto Derivatives Suite for Australian Wholesale Clients

November 5, 2024
coin culture logo

Your Australian news source for all things cryptocurrency. Coin Culture is an independent media outlet that aims to provide an Aussie take on crypto, digital assets, and investing.

Hot Topics

  • DeFi
  • NFT
  • Gaming

Top articles

CoinSpot Review
Swyftx Review
Best Crypto Exchanges Australia
CoinSpot vs Swyftx

BROWSE BY TAG

Altcoin News Bitcoin CoinSpot Cryptocurrencies Crypto Exchange Crypto Tax DeFi Dogecoin Dogecoin News ETF Ethereum Feature FED FTX Games hacks Layer2 Markets meme Metaverse Mining NFT Opinion People Policy and Regulation Polygon SEC Security Solana News Stablecoins Tech Top Crypto News Australia | CoinCulture Trading US web3 XRP News

RECENT POSTS

  • Ethereum Foundation Reveals $788 Million in Crypto Holdings, Mostly in Ether, Amid Transparency Push
  • Solana Surpasses Binance Coin (BNB) as Fourth-Largest Cryptocurrency
  • Trump Declares Victory – What will the US Crypto be?

© 2023 CoinCulture. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.
  • bitcoinBitcoin(BTC)$109,485.003.95%
    BITCOIN
    24H : 3.95%
    Volume : $50,651,671,439.00
    Marketcap : $2,176,302,399,002.00
  • ethereumEthereum(ETH)$2,594.764.69%
    ETHEREUM
    24H : 4.69%
    Volume : $26,310,365,177.00
    Marketcap : $313,522,839,271.00
  • tetherTether(USDT)$1.0000.0100%
    TETHER
    24H : 0.0100%
    Volume : $84,497,644,114.00
    Marketcap : $151,963,240,275.00
  • rippleXRP(XRP)$2.423.51%
    XRP
    24H : 3.51%
    Volume : $3,329,853,461.00
    Marketcap : $141,923,605,068.00
  • binancecoinBNB(BNB)$669.063.70%
    BNB
    24H : 3.70%
    Volume : $1,265,406,106.00
    Marketcap : $97,610,044,432.00
  • solanaSolana(SOL)$174.245.00%
    SOLANA
    24H : 5.00%
    Volume : $5,051,307,781.00
    Marketcap : $90,609,641,893.00
  • usd-coinUSDC(USDC)$1.000-0.01%
    USDC
    24H : -0.01%
    Volume : $7,319,883,636.00
    Marketcap : $60,523,217,344.00
  • dogecoinDogecoin(DOGE)$0.2367.35%
    DOGECOIN
    24H : 7.35%
    Volume : $2,558,618,737.00
    Marketcap : $35,253,275,190.00
  • cardanoCardano(ADA)$0.7806.82%
    CARDANO
    24H : 6.82%
    Volume : $922,167,966.00
    Marketcap : $28,124,625,975.00
  • tronTRON(TRX)$0.2740.260%
    TRON
    24H : 0.260%
    Volume : $932,253,192.00
    Marketcap : $25,956,815,131.00

Add New Playlist

No Result
View All Result
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Business
    • Policy & Regulation
    • Tech
    • People
  • Markets
    • Forecast
      • Ethereum Price Predictions
      • Bitcoin Price Predictions
  • 101 Guide
    • Blockchain Guide
    • Trading Guide
    • Bitcoin Guide
    • DeFi Guide
    • Ethereum Guide
  • Product Reviews
    • Crypto Exchange Reviews
      • CoinSpot Review
      • Swyftx Review
      • Binance Australia Review
      • MEXC Review
      • BitMart Exchange Review
      • Bybit Australia Review
      • CoinSpot Mastercard Review
    • Exchange Comparisons
      • CoinSpot vs Swyftx vs Binance
      • Coinspot vs Binance
      • Crypto.com vs. Binance
      • CoinSpot vs Kraken
      • Swyftx vs Coinbase
  • Contact
    • About Us
    • Submit Press Release
    • Submit Querry
    • Submit Guest Post
  • Crypto Wiki

© 2023 CoinCulture. All rights reserved.