Cardano is ‘missing’ 21 areas that Emurgo plans to invest in, according to the company’s CEO
Ken Kodama, founder, and CEO of Emurgo, recently informed Cointelegraph that the company has discovered 21 features available on other blockchains but absent from Cardano.
The Emurgo team is trying to address some of the “gaps” in Cardano, including decentralized identities and layer-2 solutions, as stated by the company’s CEO.
Emurgo is one of the three organizations responsible for overseeing Cardano, and its creator and CEO Ken Kodama was recently interviewed by Cointelegraph Magazine editor Andrew Fenton. Kodama discussed transitioning from their present strategy into a venture studio model to address the 21 areas they consider to be “missing from Cardano” in comparison to other major blockchains.
Kodama suggests two primary methods for closing the informational chasms. One option is to invest in existing solutions, while the other is to create new ones. He elaborated:
“We either create or invest in those 21 different types. To encourage Cardano developers to create and fix the gaps, we host hackathons and provide funding. So, we need to change our current setup and adopt the venture studio approach.”
The executive highlighted a few of the 21 positions they are hoping to fill, although Kodama did not list them all. Layer-2 sidechains and decentralized identification (DID) for corporate use cases are two examples.
The CEO of Emurgo believes that blockchain protocols should include decentralized identification. The development of DID applications on Cardano is not something we anticipate. He then emphasized the need of closing this initial void.
Kodama also discussed layer-2 options in addition to DIDs, noting that Cardano already has a scaling solution in the form of Hydra.
In addition to layer-2 solutions and decentralized IDs, the CEO said they are also investigating zero-knowledge rollups and optimistic rollups. Kodama claims that the company is eager to put money into such technologies and has already held a hackathon centered on them.
The CEO singled out the developers’ experience as the “pressing issue” that prevents adoption from happening across all 21 categories. The executive realized that familiarity with Haskell and Plutus was essential for developers working with Cardano.
Expanding the pool of developers who can work with Cardano by making it compatible with languages like Aiken is a high priority. We have been teaching construction companies how to use Haskell and Plutus. Over 2,000 students graduated. But, however, that’s just not sufficient.
According to the CEO, the company has big hopes for Aiken and any other programming languages that can be incorporated into Cardano, allowing developers to create smart contracts in a variety of languages.
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