Cardano launches public testnet for its EVM compatible sidechain
Users can test the transfer of tokens, link their wallets, and create smart contracts and decentralized applications (dApps) on the test network.
Input Output, a developer of the Cardano (ADA) ecosystem, has recently achieved the release of a fully functional public testnet for its Ethereum (ETH) sidechain as a result of the introduction of its tools for creating sidechains
The team behind Input Output announced on February 7th via Twitter that they have created the first public test network of a proof-of-concept sidechain built on the Ethereum Virtual Machine (EVM). This sidechain is unique as it is the first network of its kind to be created directly by Input Output. The release of this testnet marks a significant milestone for the company as it allows for the creation and deployment of smart contracts on the Cardano blockchain, adding new functionality and expanding the capabilities of the platform. For now, the smart contracts to be deployed can only be written in Solidity.
According to a tweet from Input Output Global (IOG), the public testnet will only be available for a limited period of time during its pilot phase. During this phase, the testnet will be regularly adjusted and updated to ensure its stability and effectiveness. Users will be allowed to test a range of features. They can transfer tokens between test environments, connect their wallets, and deploy smart contracts and decentralized applications (dApps). IOG encourages developers and stake pool operators (SPOs) to participate and experiment on the platform, providing an opportunity for them to test and improve the technology.
The team has advised anyone with questions about the public testnet for the Ethereum sidechain to ask them in the comments section or on the #ask-sidechains Discord channel. It has also promised to provide a video tutorial series and hold a Discord session to address inquiries from the public about the sidechain toolkit.
Cardano has established itself as a leader in the blockchain industry through its commitment to innovation and the development of new concepts. Since its launch, the network has been dedicated to driving growth and adoption of cryptocurrency by consistently introducing novel ideas and advancements. Cardano's focus on innovation has made it a prominent player in the industry and a platform to watch in the future.
It's important to note that this isn't the first time the Ethereum and Cardano networks have been connected. In August 2021, a blockchain development company called dcSpark introduced a sidechain project called Milkomeda, which enabled the execution of Ethereum Virtual Machine (EVM) compatible smart contracts from the Cardano mainnet.