Cardano utilizes Polkadot tech stack for partner chains

According to a Nov. 6 post on X, Cardano has chosen to use Substrate, the foundation of the Polkadot SDK, to build its partner chain project.

This decision is said to come after four years of research, culminating in Cardano selecting Polkadot’s SDK, formerly Substrate, as the ideal choice due to its modular and flexible design.

A self-sovereign blockchain

A leading developer of Cardano, IOG goes on to describe Substrate as a “proven open-source modular framework” and will contribute a set of composable pallets to broaden its overall reach.”

1/ Cardano will use Substrate, the foundation of the Polkadot SDK, to build out its “partner chain” project — showcasing Substrate's potential to expand across Web3, and its ease of use for other chains and ecosystems 🛠️

— Polkadot (@Polkadot) November 6, 2023

As stated by community member Goku, Midnight is likely the first adopter of these partner chains, with a CEO who has roots back from Parity Tech.

The thread goes on to highlight that Substrate can be used to build self-sovereign blockchains that operate separately from Polkadot, citing Polygon’s Avail project as an example of this.

On the upward trend

In the first week of the month, Cardano has seen a strong trend, with ADA surging by 7.5% to reach $0.348808, the highest it has been in about four months, according to data on Nov. 5, which in part may have been due to the Cardano Summit 2023 which was held between Nov. 2 and 4. 

However, since this announcement, the price of Cardano has fallen 4.23%, where it currently sits at $0.34.