This article was first published on SingularityNET - Medium
SingularityNET is extremely excited to announce our collaboration with IOHK, a company led by Cardano founder Charles Hoskinson and driving forward the engineering and development of the Cardano blockchain. Cardano’s ADA token is currently the #6 cryptocurrency globally in terms of market cap, and the Cardano ecosystem is entering a period of rapid growth due to the expected near-future launch of a number of key features such as the Plutus smart contract framework.
An in-depth review of some of the motivations, synergies and possibilities underlying the SingularityNET/IOHK collaboration can be found in the recent 90-minute dialogue between Hoskinson and SingularityNET CEO Dr. Ben Goertzel, which occurred recently at the Wyoming Blockchain Hackathon in Laramie, and also in Dr. Goertzel’s talk at the Cardano Summit earlier this year.
Along with a shared focus on democratization and decentralization, Cardano and SingularityNET also share a culture and development style centred on advanced computer science and mathematics. Cardano’s focus on academic rigour and formal methods in developing its core blockchain technology match closely with the deep scientific background of SingularityNET’s AI team.
Several envisioned aspects of the collaboration between SingularityNET and IOHK have already been moving forward on the level of in-depth conversations between the two projects’ tech teams prior to the formal collaboration announcement.
The IOHK and SingularityNET platform teams have been seriously discussing what it would take to port a significant portion of the SingularityNET decentralized protocol and platform from Ethereum to Cardano. This would involve providing mechanisms for swapping some of the current (Ethereum-based) ERC-20 AGI tokens to Cardano-based AGI tokens, and also creating analogues of the Solidity smart contracts underlying aspects of the SingularityNET platform using Cardano’s new Plutus smart contract language.
Final decisions and details regarding porting of a portion of the SingularityNET network to Cardano have ...
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SingularityNET - Medium