Cardano users will soon be able to access Ethereum Virtual Machine (EVM) smart contracts through any Cardano wallet, thanks to the EVM based Layer 2 technology Milkomeda.
Sébastien Guillemot, co-founder and CEO of Milkomeda, spoke about the upcoming launch that “Milkomeda (Cardano’s EVM layer) is launching a feature allowing EVERY Cardano user to use EVM contracts directly from ANY Cardano wallet.”
Cardano will be a top EVM chain next month
Milkomeda (Cardano’s EVM layer) is launching a feature allowing EVERY Cardano user to use EVM contracts directly from ANY Cardano wallet
All in pure ADA
This will instantly make Cardano one of the largest EVM chains by user count pic.twitter.com/fp6WwdFmF4
— Sebastien Guillemot (@SebastienGllmt) March 30, 2023
All smart contract developers and Ethereum Virtual Machine (EVM) users will soon be eligible to receive rewards from the Milkomeda platform on staking. Users can receive money “automatically every 5 days” if they create Cardano products on Milkomeda.
The EVM enables DApps to be created and run on the Ethereum network, providing a platform for developers to create decentralized applications with smart contracts. Developers of Ethereum applications can easily use Solidity on Cardano’s blockchain network, and developers can apply for an upcoming hackathon with 34K in prizes.
Compiled by Coinbold