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

March 19, 2024 | by stockcoin.net

cosmos-based-canto-blockchain-reverses-course-on-polygon-layer-2-plans-unveils-new-roadmap

Canto, a Cosmos-based layer-1 blockchain, has reversed its plans to shift to an Ethereum layer-2 network and instead unveiled its new Cyclone Stack roadmap. The blockchain, designed for decentralized finance (DeFi) applications, was initially set to become an Ethereum layer-2 network using Polygon’s Chain Development Kit. However, the Canto team has decided to remain a layer-1 network and will integrate Polygon’s type-1 prover. The Cyclone Stack update includes three key upgrades aimed at improving scalability and performance and will make Canto fully compatible with Ethereum tooling and applications. This shift represents a significant milestone for Canto in enhancing its platform for developers and users alike.

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

Cosmos-based layer-1 blockchain Canto has recently announced its decision to reverse its plan to shift to an Ethereum layer-2 network using Polygon’s Chain Development Kit (CDK). Instead, Canto will remain a Cosmos-based layer-1 network. This decision comes as Canto unveils its new roadmap and introduces the Cyclone Stack upgrade, aimed at scaling and improving the performance of the blockchain.

Canto’s Decision to Remain a Cosmos Layer 1 Network

Canto, a blockchain designed for decentralized finance (DeFi) applications, originally announced its intention to become an Ethereum layer-2 network on Polygon’s CDK back in September. However, after working closely with the Polygon team on the integration, Canto’s major contributors have made the consensus decision to remain a Cosmos-based layer-1 network. While the details of this decision were not immediately disclosed, Canto has confirmed that it will use Polygon’s Type-1 prover to enhance its performance as a layer-1 blockchain.

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Cyclone Stack Upgrade

Canto has revealed its new Cyclone Stack upgrade, which consists of three key upgrades: the Callisto Upgrade, the Kallichore Upgrade, and the Elara Upgrade. These upgrades are designed to improve block times, storage access speeds, and overall execution standards. By implementing the Cyclone Stack, Canto aims to achieve higher performance and scalability for its platform, benefiting both developers and users of the blockchain.

Callisto Upgrade

The Callisto Upgrade is a core component of Canto’s Cyclone Stack. It is primarily focused on enhancing block times, aiming to reduce the time it takes to validate and process transactions on the network. By optimizing block times, Canto aims to improve the overall efficiency and speed of its blockchain.

Kallichore Upgrade

The Kallichore Upgrade, another key component of the Cyclone Stack, aims to improve storage access speeds on the Canto blockchain. This upgrade will optimize the way data is stored and retrieved, leading to faster and more efficient access to information on the network. By enhancing storage access speeds, Canto aims to provide a seamless user experience and enable faster transaction processing.

Elara Upgrade

The Elara Upgrade is the final component of Canto’s Cyclone Stack. This upgrade aims to set new standards for execution on the blockchain. By implementing innovative technologies and techniques, Canto seeks to improve the overall performance and reliability of smart contract execution. The Elara Upgrade will enhance the capabilities of decentralized applications (dApps) built on the Canto blockchain, making them more efficient and secure.

Cyclone Stack’s Impact on Performance and Scalability

The introduction of the Cyclone Stack upgrade is expected to have a significant impact on the performance and scalability of the Canto blockchain. The optimization of block times, storage access speeds, and execution standards will result in faster transaction processing, improved user experience, and greater network capacity. As a result, Canto aims to attract more developers and users to its ecosystem, positioning itself as a competitive and efficient platform for decentralized finance applications.

Compatibility with Ethereum Virtual Machine (EVM)

Canto’s Cyclone Stack upgrade will also ensure compatibility with the Ethereum Virtual Machine (EVM). By implementing EVM tooling and applications, Canto will enable seamless integration with the Ethereum ecosystem. This compatibility will allow developers to leverage existing Ethereum-based applications and tools when building on the Canto blockchain. It will expand the range of possibilities for developers and further promote interoperability between different blockchain platforms.

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