Milkomeda To Allow EVM Compatibility After Release Of Mainnet

• Milkomeda will enable EMV-compatible smart contracts to be executed via the mainnet of Cardano, which was launched on 28th March.
• Milkomedia project also pledges to deliver interoperability among L1 blockchains and Cardano in the future, like Solana.
• Back in August 2021, dcSparks elaborated that what were the factors which impacted its decisions to develop software products on Cardano.

Milkomeda Launch

Milkomeda Foundation proudly made an announcement regarding the release of Milkomeda. This project was steadily been under development since mid-2021, with prominent contributions from multiple bodies involving dcSparks, Atix Labs and VacuumLabs. 

After so many tireless months of attempts, a community that was keenly waiting for this release, can now onboard the boat and utilize live at mainnet.

For the ones who don’t know about it, Milkomeda C1 allows Ethereum decentralized applications to be stationed on Cardano Ecosystem.

This tags a pivotal moment, wherein a lot of major battle-tested, as well as audited smart contracts in the cryptocurrency sector, are now out of the box for Cardano users to take full benefits of.

How To Utilize Milkomeda C1

To utilize your assets on Milkomeda C1, you are required an EVM-compatible wallet. Milkomeda Foundation was keeping debates with dcSpark to drive the addition of indigenous Milkomeda C1 assistance within Flint Wallet.

This thrilling feature is slated to launch in the upcoming months, so keep an eye on that in near future.

In meantime, you can interact with Milkomeda via MetaMask.

Mobilizing your assets from Cardano mainnet to Milkomeda is instant and simple, thanks to Flint Wallet merge.

Folks can easily utilize EVM Decentralized Applications on Milkomeda C1, such as MilkySwap, OccamX, Nomad, MultiChain, Celer, and MuesliSwap.

Following decentralized applications are not yet accessible yet in mainnet release, but are ready and will launch in future soon. These apps include API3, Connext, Blueshift.

Audit Supported Security

Milkomeda C1 opens a gateway for Cardano users to take benefit of an entire latest cluster of decentralized applications, thanks to Ethereum Virtual Machine compatibility.

Milkomeda Foundation thinks that folks who commence utilizing C1 and every dApp on top must feel secure by understanding that technologies were audited by popular and qualified Blockchain auditing organizations.

Milkomeda has successfully passed its initial audit by Arbitrary Execution and is presently undergoing a 2nd audit which will be launched in near future.

Milkomeda Foundation has also motivated each one of the dApps released on Milkomeda C1 to take safety just as seriously.

ALSO READ: Learn everything about Ethereum Name Service

Nancy J. Allen is a crypto enthusiast and believes that cryptocurrencies inspire people to be their own banks and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning.

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