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HomeBlockchainCharles Hoskinson Says Milkomeda C1 Launch Is Huge For Cardano. Here’s Why...

Charles Hoskinson Says Milkomeda C1 Launch Is Huge For Cardano. Here’s Why It Is Important

Charles Hoskinson, the CEO of IOG, has recently reacted to the launch of Milkomeda C1 on the mainnet, describing the development as a great moment for the Cardano ecosystem.

The Milkomeda Foundation recently announced the launch of Milkomeda C1, a tool designed to enable Ethereum decentralized applications (DApps) to be deployed on the Cardano blockchain.

Read Also: Grayscale Launches Smart Contracts Platform Fund for Cardano, Solana, Polkadot, Avalanche, Stellar

Milkomeda team announced, “Thank you everyone for your support. We finally are live! We repeat: we are live!! Please review the blogpost that we wrote so you can understand what this means, what dApps are available and more!”

Charles Hoskinson Says Milkomeda C1 Launch Is a Great Moment for Cardano

Reacting to the notable development, the CEO of IOG, Charles Hoskinson, described the launch of Milkomeda C1 as a great moment for Cardano, due to what it’s bringing to the Cardano ecosystem.

Hoskinson said the launch of Milkomeda C1 on the mainnet has made the Cardano ecosystem become compatible with Ethereum Virtual Machine (EVM).

Charles Hoskinson tweeted, “Congratulations to the entire DCSpark team! It’s a great moment for Cardano. The ecosystem is now EVM compatible. Solidity developers, get coding @SebastienGllmt @NicoArqueros.”

Read Also: Cardano Completes Parameter Upgrade, Takes Network To New Era. Here’s Why This Is Important

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More Light on What Milkomeda C1 Brings To Cardano Ecosystem

Milkomeda, a novel sidechain project of the Blockchain startup dcSpark, allows EVM-compatible smart contracts to be executed from the Cardano mainnet.

Moreover, the project promises to make interoperability possible between Cardano blockchain and other layer one chains such as Ethereum, Solana, among others.


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Tobi Loba
Tobi Loba
Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.
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