Cardano Could Become a Top Ethereum VM Chain Soon

Cardano is a blockchain platform that is designed to be more secure, sustainable, and scalable than its predecessors. One of the unique features of Cardano is its use of a proof-of-stake consensus algorithm, which allows the network to validate transactions and add new blocks to the blockchain in a more energy-efficient way than traditional proof-of-work systems used by other blockchain networks like Bitcoin.

Cardano is also designed to be more modular and flexible, which allows for easier upgrades and improvements to the network over time. It uses a layered architecture that separates the settlement layer responsible for handling transactions from the computation layer that runs smart contracts and other decentralized applications.

Cardano deserves even more attention

Cardano’s price has increased by 13.5% in the last several days, and developers at Milkomeda Foundation have plans to make it a top Ethereum Virtual Machine (EVM) chain by next month, according to Bitcoinist. Milkomeda recently launched C1 on mainnet, which introduces Cardano’s EVM layer, allowing any ADA user to use EVM contracts directly from any Cardano wallet.

This will make Cardano one of the largest EVM chains by user count. Milkomeda is a protocol that connects several leading blockchains such as Cardano, Algorand, Polkadot, and Solana. Milkomeda offers EVM-based sidechains that provide rollup technologies for leading layer-1 ecosystems by offering the most popular smart contracting language Solidity. This promotes inter-blockchain interoperability and accessibility for developers at the layer-2 level.

Dapp developers from the Ethereum Virtual Machine world can now build their dapps on Cardano via Milkomeda, coded in Solidity. According to the founder, Cardano will also become “a powerhouse in on-chain gaming” thanks to Paima Studios and Milkomeda.

Overall, Cardano’s unique combination of energy efficiency, modularity, and scientific rigor has made it a popular choice among developers and investors who are looking for a more sustainable and robust blockchain platform.

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