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Cardano teams seek $50M to scale to 27M transactions and launch Bitcoin DeFi by 2026
2026-04-24 08:40
BTC
A strategic pivot is underway within the Cardano ecosystem, marked by a proposal seeking nearly $50 million to fund a transition from single-entity dominance to a distributed engineering model. This initiative aims to realign the network's trajectory toward Vision 2030, a milestone requiring a massive expansion from a current baseline of 800,000 monthly transactions to over 27 million. Historically, Input Output has controlled the majority of the multi-million-dollar community treasury, but the revised operational strategy mandates a tapering of this reliance. By the close of 2026, external contractors such as Midgard Labs and VacuumLabs are projected to inherit substantial portions of the protocol's internal development pipeline, signaling a deliberate decentralization of technical authority. To achieve the necessary throughput, the roadmap prioritizes the Leios upgrade, which introduces Endorser Blocks and committee-based validation to overhaul the base layer without compromising security. This architectural shift is projected to increase transaction processing capacity by a factor of 10 to 65 times, potentially pushing the network past the 1,000 transactions-per-second threshold. Such performance gains are critical for generating sufficient fee revenue to ensure the network's economic self-sufficiency. The timeline remains aggressive, with an early public testnet scheduled for June 2026 and a mainnet release candidate expected by the end of that year. Concurrently, capital is being funneled into off-chain scaling solutions to complement Layer-1 improvements. Midgard Labs is leveraging Cardano's unique accounting model to enable single-party fraud proofs, a technical advancement that could theoretically drive Layer-2 transaction costs below one cent. According to Woofun AI monitoring, this specific focus on cost reduction and fraud-proof mechanisms represents a significant divergence from standard scaling approaches, potentially altering the competitive landscape for high-frequency decentralized applications. The most commercially aggressive component of the 2026 slate is the Pogun initiative, which bets on the Extended Unspent Transaction Output (EUTXO) model providing a structural advantage over Ethereum-style account models. The rollout is staggered across three quarters, beginning in the second quarter of 2026 with a non-margin credit market. Unlike conventional DeFi lending protocols that rely on volatile oracles and forced liquidations, Pogun's credit market functions through bilateral agreements where borrowers and lenders negotiate parameters directly. This ensures collateral is forfeited only upon outright default, eliminating risks associated with temporary intra-day price swings. Following the credit market launch, a yield-generating decentralized application is scheduled for the third quarter, allowing retail users to deploy capital into fixed-term strategies without managing complex negotiations. The fourth quarter will see the deployment of a trust-minimized, BitVM-powered bridge utilizing a 1-of-N security paradigm. This mechanism ensures that institutional custodians only need a single honest operator, which could be the institution itself, to guarantee the safety of their bridged Bitcoin, addressing a critical pain point in cross-chain asset transfers. To ensure these new capabilities translate into measurable ecosystem growth, a significant portion of the budget is earmarked for revamping developer tooling with a target to improve the growth rate of developer onboarding by at least 30%. The 2026 proposal outlines targeted expansions of cryptographic primitives and the removal of redundant scope-checking overhead, which currently inflates script preparation time by roughly 25%. These upgrades are designed to lower on-chain execution costs, thereby making complex decentralized applications economically viable for a broader range of developers. The firm is also introducing a cardano-init command-line interface and an OpenZeppelin-style library of standardized, auditable smart contracts to streamline the development process. By stripping away cumbersome prerequisites like Nix or native C library dependencies, the new tooling framework promises to reduce the time it takes for a new developer to launch a project from several days to mere minutes. This comprehensive overhaul of both infrastructure and developer experience underscores a long-term commitment to scaling the network's utility and economic independence.
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标签:
BTC
Pogun
BitVM
VacuumLabs
Leios
OpenZeppelin
Midgard Labs
Input Output
Reeve
Cardano
Ethereum
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