Pular para o conteúdo

Cardano is closer to the interoperability set at launch as an EVM sidechain

Cardano is closer to the interoperability set at launch as an EVM sidechain

Cardano is closer to the interoperability set at launch as an EVM sidechain


Cardano IOHK has announced the release of the Ethereum Virtual Machine (EVM) sidechain Alpha, which is now live on the testnet. Permissionless sidechains will allow developers to write Solidity smart contracts on Cardano and create EVM-compatible dApps and ERC20-compatible tokens, while still enjoying many of Cardano’s benefits.

According to a previous blog post, the EVM sidechain will feature Ethereum upgrades and tools, Web3 wallet compatibility, the ability to use Proof-of-Stake Ouroboros Byzantine Fault Tolerant consensus protocol, and the ability to inherit security from the Cardano backbone. equipment.

Other sidechains

Over the past few months, Cardano´s has gone through several interoperability milestones.

Milkomeda is a Cardano-enabled sidechain protocol that allows the execution of EVM-compatible smart contracts on top of Milkomeda C1, which was launched at the end of March. By the end of 2022, Milkomeda hopes to establish interoperability between other blockchains such as Cardano and Solana.

In late April, decentralized interoperability platform Wanchain announced a new non-custodial two-way cross-chain bridge connecting Cardano to another layer 1 blockchain.

Wanchain bridges have connected over 15 layer 1 and layer 2 networks. The addition of Cardano to this network aims to connect it to other DeFi and Web3 ecosystems, and to expand potential use cases for ADA holders on other chains, as well as the possibility to use BTC, ETH, DOT, WAN, XRP and other tokens In Cardano’s dApp ecosystem.

The AGIX ERC-20 converter bridge, developed in partnership with SingularityNET, was also released in early April. Its features allow users to convert Ethereum-based ERC-20 tokens to Cardano, with the DeFi sector benefiting the most.

As previously reported, the Iagon Ethereum-Cardano token bridge has entered the beta phase.

At the time of publication, Cardano’s ADA was trading up 14.19% at $0.44. According to data from WhaleStats, Cardano is currently facing buying pressure from whales and is one of the best bought assets in the past 24 hours.

Learn more:

Deixe um comentário

O seu endereço de e-mail não será publicado. Campos obrigatórios são marcados com *