$ADA: Specialbyggda sidokedjor som kommer att revolutionera Cardanos ekosystem

$ADA: Specialbyggda sidokedjor som kommer att revolutionera Cardanos ekosystem

$ADA: Custom-Built Sidechains Set to Revolutionize the Cardano Ecosystem PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Input Output Global (IOG), the company responsible for Cardano’s research and development, has announced the release of a software toolkit later this month that will allow developers to deploy custom-built sidechains on the Cardano ($ADA) network.

The move is set to improve the overall ecosystem of the Cardano blockchain, as IOG noted that “purpose-built solutions are crucial for communities to address unique social and technical needs,” with Cardano sidechains being “custom solutions” that “sovereign communities” can build on a secure, interoperable parent network like Cardano.

The firm noted that it has created a technical specification for building sidechains on the Cardano network that has now been released, with sidechains that follow these specifications being bootstrapped with “Cardano’s first-in-class security and infrastructure.”

Using the toolkit, Input Output has created an example Ethereum Virtual Machine (EVM)-compatible sidechain testnet as a proof of concept. The testnet is set to be released this month, allowing the community to create smart contracts and “move tokens between the testing environment chains.”

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According to the firm, the toolkit isn’t a complete solution as it looks forward to collaborating with the community as it brings in developer feedback, thoughts, and recommendations. Sidechains are separate blockchains that operate alongside the primary blockchain, known as the mainnet. They are created to enhance scalability without compromising the mainnet’s focus on decentralization and security.

IO aims to promote the widespread adoption of the Cardano ecosystem through the development of sidechains and envisions a future where multiple “Cardano sidechains and partner chains” coexist. The cryptocurrency’s community reacted positively to the announcement:

As CryptoGlobe reported, Cardano recorded the second-largest drawdown in its history last year. According to CryptoCompare’s latest Tillgångsrapport, den smarta kontraktsplattformens ursprungliga token slutade året på cirka 0.25 $ efter att ha förlorat 81.2% av sitt värde under sina 12 månader. Förlusten markerade dess näst största nedgång, bakom en minskning med 94.3 % på björnmarknaden 2018, när ADA sjönk från 0.71 USD till 0.04 USD.

Notera att Cardano började året med en återhämtning och flyttade till $0.31 i skrivande stund. Som rapporterats har 20 nya adresser med över 1 miljon $ADA-tokens dykt upp nyligen, efter att priset på kryptovalutan hoppade med mer än 30% sedan slutet av december, och när dess handelsvolym steg till en 2-månaders högsta.

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