Hoskinson Celebrates Ethereum Smart Contracts On Cardano, How This Company Enables It

The Cardano smart contract era is closing in, soon the Plutus platform that will host them will be integrated into the mainnet. In that sense, there are many changes and features to be launch on the network. The inventor of Cardano Charles Hoskinson has been updating the community on the progress made during the smart contract platform test phase. Via his Twitter account, Hoskinson recently celebrated an achievement on an area of focus for the project, interoperability. Blockchain-based company dcSpark announced that they are developing a “novel sidechain project named Milkomeda”. This interoperable solution will “empower” developers and users with Ethereum Virtual Machine-based sidechains. Thus, Cardano and other blockchains will be able to onboard Ethereum developers. They will have the capacity to migrate their projects via these sidechains and their alternative virtual machines connected to Cardano and other L1 mainnets. An official post claimed: (…) for Cardano, Milkomeda will allow sidechains to be deployed that connect directly to the mainchain and use wADA (wrapped ADA) as the asset to pay for transaction fees. Ethereum smart contracts on Cardano! Glad to see someone getting into that Pond https://t.co/DH9D1v4ahh — Charles Hoskinson (@IOHK_Charles) August 25, 2021 The company is set out to create incentives for users to try out a new ecosystem and will use “new technology”, the official post claims, such as Wrapp...