Milkomeda to Introduce a Feature That Allows Cardano Users to Use EVM Contracts Directly from Any Cardano Wallet

According to reports, Sebastien Guillemot, CEO of Milkomeda, the L2 network protocol that provides EVM functionality for non EVM compatible chains, said that a feature would soon b

Milkomeda to Introduce a Feature That Allows Cardano Users to Use EVM Contracts Directly from Any Cardano Wallet

According to reports, Sebastien Guillemot, CEO of Milkomeda, the L2 network protocol that provides EVM functionality for non EVM compatible chains, said that a feature would soon be introduced that allows Cardano users to use EVM contracts directly from any Cardano wallet. Mikomeda will soon provide pledge rewards to all EVM users, including smart contract developers. The pledge rewards for Cardano products built by Mikomeda will be automatically paid every 5 days.

The L2 protocol, Milkomeda, will allow users to use EVM contracts directly from any Cardano wallet

Milkomeda, the L2 network protocol that provides EVM functionality for non EVM compatible chains, is introducing a feature that allows Cardano users to use EVM contracts directly from any Cardano wallet. Sebastien Guillemot, the CEO of Milkomeda, made this announcement in a recent report. Additionally, Mikomeda will soon provide pledge rewards to all EVM users, including smart contract developers. The pledge rewards for Cardano products built by Mikomeda will be automatically paid every 5 days.

Introduction

Blockchain technology has become increasingly popular over the years. Several blockchain networks have been created, and many more are expected to be launched in the near future. As the blockchain industry grows, there is a need for interoperability among different networks. This is where Milkomeda comes in. Milkomeda is a Layer 2 (L2) network protocol that provides Ethereum Virtual Machine (EVM) functionality for non EVM compatible chains. This article will focus on Milkomeda’s new feature that allows Cardano users to use EVM contracts directly from any Cardano wallet, and why this is a significant development.

The Milkomeda Protocol

The Milkomeda protocol is a Layer 2 (L2) solution that provides EVM functionality for non EVM compatible chains. Essentially, it allows developers to build smart contracts on any blockchain network that is not compatible with EVM. This is done by creating a bridge between the chain and the EVM, making it possible for the chain to support EVM-based contracts. Milkomeda’s L2 solution is designed to be scalable, secure, and efficient.

Milkomeda’s New Feature

According to Sebastien Guillemot, the CEO of Milkomeda, the company is introducing a new feature that will allow Cardano users to use EVM contracts directly from any Cardano wallet. This feature is significant because it makes it possible for Cardano users to access EVM-based contracts without the need for a third-party application. This will help to streamline the process and make it more user-friendly. Additionally, this feature will allow developers to build EVM-based contracts on Cardano, which will help to expand the Cardano ecosystem.

Pledge Rewards for EVM Users

In addition to the new feature that allows Cardano users to use EVM contracts directly from any Cardano wallet, Milkomeda will also be providing pledge rewards to all EVM users, including smart contract developers. Pledge rewards are a way to incentivize users to stake their tokens and participate in the network. The rewards for Cardano products built by Milkomeda will be automatically paid every 5 days. This is significant because it encourages developers to build on Cardano using Milkomeda’s L2 solution.

Conclusion

Milkomeda’s new feature that allows Cardano users to use EVM contracts directly from any Cardano wallet is a significant development. It makes it easier for Cardano users to access EVM-based contracts, and it expands the Cardano ecosystem by allowing developers to build EVM-based contracts on Cardano. Additionally, the pledge rewards for EVM users, including smart contract developers, will incentivize them to participate in the network and build products using Milkomeda’s L2 solution.

FAQs

Q1. What is Milkomeda?
A1. Milkomeda is a Layer 2 network protocol that provides Ethereum Virtual Machine (EVM) functionality for non EVM compatible chains.
Q2. What is the new feature that Milkomeda is introducing?
A2. Milkomeda is introducing a new feature that allows Cardano users to use EVM contracts directly from any Cardano wallet.
Q3. What are pledge rewards?
A3. Pledge rewards are a way to incentivize users to stake their tokens and participate in the network. Milkomeda will provide pledge rewards to all EVM users, including smart contract developers. The rewards for Cardano products built by Milkomeda will be automatically paid every 5 days.

This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/12192/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.