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!”
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
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.
Follow us on Twitter, Facebook, Telegram, and Google News
Fox Business journalist Eleanor Terrett reported on November 15, 2024, that a group of Republican…
Standard Chartered has made an interesting prediction in line with the most recent wave of…
With the crypto market poised for its next significant upswing, experts are highlighting digital assets…
Sui (SUI) registered a 79% price pump, while Cronos (CRO) saw a staggering 233% rise…
In a landmark legal action, 18 U.S. states have filed a lawsuit against the U.S.…
An emerging cryptocurrency priced under half a cent is capturing investor attention with its promise…