Oscar2 Network is launching the first sidechain L2 protocol for Cardano

4 months ago Report
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Oscar² Network is planning to revolutionize the current capabilities of Cardano.

Cardano is currently facing big issues with its smart contracts fully built on the UTXO model.

The UTXO model has a couple of big issues and those are a few of them:

  • Plutus/Haskell knowledge needed — ecosystem builders are facing big problems on creating products like native NFT marketplaces or fully decentralized exchanges

In conclusion, there must be a fix to all of this and Cardano’s Hydra has a lot of hype without any concrete promises.

We plan to battle the problem with our solution!

Oscar² is planning to revolutionize the ideology of Cardano as we know it, we want to bring the power back to it’s users rather than being a strong institutional giant with folks like IOHK and EMURGO that have almost complete control over Cardano’s future.

Here are our solutions:

  • Create a full bridge between Cardano and Oscar² in order to allow seamless transition between tokens and NFTs.

We hope this gives some context to our first roadmap and will allow for us to grow and be more understood with our vision.

We have some of the top leading developers on our team as well as investors and we can’t wait to see what is going to come to us along the way!

For public relations, business or private investments, feel free to contact us directly at: [email protected]

Original Source: https://oscar2network.medium.com/oscar2-network-is-launching-the-first-sidechain-l2-p...

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