Decentralized identities and Layer 2 solutions are some of the “gaps” in Cardano that the Emurgo team is working to fill, according to its founder and CEO.
Cointelegraph magazine editor Andrew Fenton spoke with Ken Kodama, founder and CEO of Emurgo, which is one of the three entities that govern Cardano. Kodama talked about shifting his current focus toward a risk assessment model to fill 21 categories that they believe are “missing on Cardano” compared to other leading blockchains.
According to Kodama, there are two key approaches to filling the gaps. It's about building the solutions themselves or investing. He explained:
“For those 21 categories, we either build them ourselves or invest. We hold hackathons or provide grants to incentivize Cardano builders to build and fill in the gaps. “So that’s what we need to focus on, moving from where we are today to a risk study model.”
Although Kodama did not list the 21 categories they seek to cover, the executive highlighted some of them. This includes decentralized identity (DID) for enterprise adoption and layer 2 sidechains.
According to the CEO of Emurgo, decentralized identity is an important piece that must be integrated into blockchain protocols. “We don't see many DID applications being built on Cardano. So, that is the first gap, or the main gap that we need to fill,” he said.
In addition to DIDs, Kodama also mentioned that while Cardano has a scaling solution called Hydra, they are also considering bringing layer 2 solutions into the mix. The executive said there is a “really vibrant layer 2 ecosystem” being built on other blockchains that “they don't really see on Cardano.” Kodama noted that this is one of the things they will work on to improve the ecosystem.
In addition to decentralized IDs and layer 2 solutions, the executive also mentioned that they are looking at zero-knowledge rollups and optimistic rollups. According to Kodama, they are looking to invest in these technologies and have also held a hackathon with these topics.
Related: The best blockchain “does not exist” – Cardano Foundation executive
Among the 21 categories they identified, the executive highlighted that there is an “urgent issue” that hinders adoption and that is the experience of developers. The executive acknowledged that to build Cardano it is necessary for developers to understand the Haskell and Plutus programming languages.
Kodama said that developers who are familiar with these languages are "pretty low," and that is why they are supporting Aiken, which is a toolset and new programming language for developing smart contracts on the Cardano blockchain.
“The applicability of Aiken and other programming languages is very important to expand the number of builders capable of building on Cardano. We've been educating developers on how to code in Haskell and Plutus. We had more than 2,000 graduates. However, that is not enough".
The executive said that they have high expectations for Aiken and any other programming language that can be integrated into Cardano so that builders can make smart contracts on the platform using different languages.
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