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Market News Message Signing with Cardano Scripts Could Enhance the Developer Experience and Compete with Ethereum

Message Signing with Cardano Scripts Could Enhance the Developer Experience and Compete with Ethereum

Cardano (ADA) may soon permit programs to sign on-chain messages, potentially surpassing Ethereum (ETH) in network optimization. The introduction of this feature is anticipated to enable novel implementations of decentralization and substantially improve Cardano's Layer 2 ecosystem.

TOP1 Markets Analyst

2024-04-03

9237

U.Today reports that on-chain message signing by Cardano (ADA) programs could soon be possible, potentially enhancing the network's developer-friendliness and optimization relative to its primary competitor, Ethereum (ETH). This new capability may enable Cardano decentralized applications to implement novel use cases. In a Twitter thread, leading Cardano contributor Sebastien Guillemot provided a comprehensive analysis of this design.

Data broadcasting on the Ethereum and EVM networks entails the utilization of a Merkle tree for comparable operations. On the contrary, the UTXO-based architecture of Cardano facilitates expedited message authentication via scripts. These protocols may also prove advantageous for L2s and dApps developed on Cardano, including Milkomeda, its EVM layer. By incorporating event emission capabilities into Milkomeda's script, users would have the ability to indicate their support for EVM layer propositions, register for Catalyst, and have their votes reflected in the framework.

The implementation of script-signed messages has the potential to significantly impact Cardano's L2 ecosystem. According to Guillemot, enhanced Cardano support for message authentication could make developing dApps and L2s that connect to Cardano significantly simpler, more affordable, and more secure. Cardano contributor Rick McCracken previously identified potential concerns regarding the utilization of ADA crypto as the foundation of the platform's economics, which have since been addressed in this development.