The developers that stand behind the decentralized application or dApp of Ethereum, called Aragon, are estimating building a second network based on the blockchain interoperability protocol which is known as Polkadot.
The potential launch of aragonOS
While the Swiss company Aragon One Age stressed that it still has the intentions to support, the launch of the Aragon Network on the Ethereum or ETH blockchain in 2019, the co-founder of the project, named Jorge Izquierdo revealed that they may additionally launch the aragonOS, which a framework for building smart contracts on Polkadot.
The co-founder of Aragon, named Luis Cuende in one interview said that the idea actually is to make most aragonOS transactions almost free, as well as very optimized so the users would have the ability to run decentralized autonomous organizations in a cheaper and even faster way.
He also emphasized that the company is still very bullish on ETH and its ecosystem, adding that regarding the Aragon Network, the plans actually are to deploy it to ETH during this year. The idea of the launch of aragonOS on Polkadot is still very early research, according to Luis Cuende.
Also, going so far as to add a speculation disclaimer to the presentation, Izquierdo has highlighted in his slides that the Aragon Chain is on an early research phase. The exploration of Aragon of a possible Poladot network launch is going to run parallel to its continued research on the upgrade to ETH which is about to come, known as Serenity.
The caveats aside, the openness of Aragon to alternatives to ETH is seen is some corners as a wake-up call for the second-largest blockchain in the world, which works to overcome scaling limitations.
The developer of ETH, named Lane Rettig, said that he hoped the nascent research project is going to ‘light the fire’ in the ETH community, to speed upscaling efforts.
He added that Aragon has still not said they are migrating off ETH, just that they are exploring options. However, he said that he does consider it an early warning sign, from one of the most significant app ecosystems on Ethereum and he thinks they should heed the warning.
The fast developing of Polkadot seen as an early warning sign
Stepping back, Polkadot is designed to coordinate consensus, as well as transaction delivery between different blockchains. The protocol, which was developed by the co-founder of Ethereum, named Gavin Wood, is now live on a test network. It is expected to launch officially somewhere at the end of 2019, and it also announced that it has been looking to raise $60 million through a token sale, following an earlier Initial Coin Offering that raised $145 million.
This fast developing of the Polkadot network since the inception back in 2016 is seen by some ETH developers as an early warning sign that ETH risks to lose its edge.
Some other developers like Afri Schoedon, who is the release manager of ETH client Parity, are less convinced that there is no need for concern or worry from the Ethereum community right now. In one interview, Schoedon said that in the end, they are going to see how application developers embrace the Polkadot network, once it is launched. He added that right now, ETH has by far the most dApp engineers, but that can change any time with some new tools being available in the near future.
On the other side, the team standing behind Polkadot, which is overseen by Parity Technologies and the Web3 Foundation, is adamant that their technology is actually not meant to act as a competitor to Ethereum.
The director of communications at the Web3 Foundation, named Jack Platts, said that the protocol should be seen as a complementary to ETH. He added that they at Web3 Foundation believe that these blockchains are interoperable and that there are a lot more blockchains in the future than there are in the past.
Platts also highlighted that one of the existing initiatives of the Web3 Foundation is to fund the development of Ethereum-compatible technologies.
To this end, the foundation has also announced that the first recipient of its grants program, the ChainSafe Systems, which together with building a fully fleshed out ETH 2.0 client, is right now expected to develop a portion of the Polkadot environment in the programming language Golang.
He said that what they generally do for their clients is to implement sidechains and then bridge those sidechains to the ETH mainnet. What Polkadot does is build a future in which they have the ability to do that in a much more optimized way where they can use technology which was created to do the things which they do every day, said Adrian Hyman, the CEO of ChainSafe Systems.
He added that he personally, beyond this grant, is hugely excited to see what Polkadot brings to the future of blockchain.