Cardano Set To Launch New Network To Bolster Ethereum

Cardano Set To Launch New Network To Bolster Ethereum

Cryptocurrencies continue to gain not only mainstream adoption across the world but also witness innovations in its space. Ethereum, the leading altcoins, who launched a new network Eth2 on December 1st is in the news today as the Founder of Cardano network, Charles Hoskinson announced earlier that the Blockchain network would launch an Ethereum Virtual Machine (EVM) developer net.

The EVM DevNet, according to Charles, will open the Cardano network to the Ethereum space through a compatible and interoperable platform using their native code. In his official tweet posted on Twitter, Charles obliged the Ethereum developers to start writing smart contracts as he was enthusiastic about what they’d come up with.

EVM DevNet set to create a bridge between Cardano and Ethereum

It is not in doubt that Cardano will use the EVM DevNet to expand its horizon within the Ethereum space. The innovation is only expected to create a permanent bridge between Ethereum and Cardano, particularly one that will allow developers to work seamlessly across both networks. Cardano’s partnership with Runtime Verification earlier in the year has been predicted to foster this new development.

The network is reportedly restarting and accelerating the K Ethereum Virtual Machine (KEVM) program, in what it refers to as “a correct-by-construction version of the Ethereum virtual machine” specified in the K framework. The network is expected to build a new K environment in future, which will feature just direct Virtual Machines.

Computer Languages will play their part in the project

The languages used for developing on the Cardano Network will always be a factor considered by developers. As at now, Haskell and Plutus have been the only languages used for developing on the Cardano platform, with both contributing to Cardano’s approach to a more secure programming language for developers. Unfortunately, this will limit functional developers on the platform as they would be required to learn this paradigm to be able to code on the platform.

However, the Ethereum Language, Solidity, which is very similar to popular programming language Javascript, is a far more common programming language and will bring in more developers into space. So it is expected of the K Ethereum Virtual Machine (KEVM) to draw in Solidity developers from Ethereum to use the Cardano platform for developing smart contracts actively.

Cardano is the first blockchain platform to be built through peer-reviewed research, to be secure enough to protect the data of billions, scalable enough to accommodate global systems, and robust enough to support foundational change.

David Pražák