• Milkomeda Foundation developers are launching Milkomeda C1 on mainnet which will enable Cardano (ADA) users to use Ethereum Virtual Machine (EVM) contracts from any Cardano wallet.
• This will make Cardano one of the largest EVM chains by user count and promote inter-blockchain interoperability and accessibility for developers at the layer-2 level.
• The project also aims to help non-EVM-based cryptocurrencies tap into the already large user base of the Ethereum ecosystem with Solidity support.
Cardano To Become Top Ethereum Virtual Machine Chain
The developers at Milkomeda Foundation have big plans for the layer-1 blockchain that could further fuel a potential price rally of Cardano (ADA). Sebastien Guillemot, CTO and co-founder of various projects, claimed that the launch of Milkomeda C1 on mainnet will make Cardano one of the largest EVM chains by user count as early as next month.
Milkomeda Project Overview
Milkomeda is a new type of protocol that connects several leading blockchains such as Cardano, Algorand, Polkadot and Solana. The goal is to help non-EVM-based cryptocurrencies tap into the already large user base of the Ethereum ecosystem by providing rollup technologies for leading layer-1 ecosystems with Solidity support. This allows dapp developers from the Ethereum Virtual Machine world to build their dapps on Cardano via Milkomeda, coded in Solidity. All transactions can be performed seamlessly with ADA tokens without having to bridge them to another network.
Onchain Gaming Support
Users will also be able to play all blockchain-based games on other layer-1 blockchains thanks to Paima Studios and Milkomeda development teams. This further helps in creating an accessible gaming environment with ADA tokens itself without needing any extra token purchase or bridging process between networks.
Benefits Of Interoperability
Milkomeda promotes inter-blockchain interoperability and accessibility for developers at the layer-2 level which has many advantages including easier access to decentralized applications, improved scalability and enhanced security features among others.
The launch of Milkmeda C1 on mainnet could be a major boost for both ADA users and developers alike if implemented successfully as it offers a unique solution for accessing decentralized applications or playing blockchain games directly through native ETH tokens on different blockchains like Cardano etc… It remains yet to be seen how these developments impact ADA’s overall value in coming months but certainly looks promising so far!