Introduction
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
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
The world of cryptocurrencies is constantly evolving, and new developments are being made every day. Recently, it was reported that Milkomeda, a popular L2 network protocol that provides EVM functionality for non-EVM compatible chains, is set to introduce a new feature that will allow Cardano users to use EVM contracts directly from any Cardano wallet. Additionally, the company plans to provide pledge rewards to all EVM users, including smart contract developers. In this article, we will take an in-depth look at this new feature and what it means for the world of cryptocurrencies.
# What is Milkomeda?
Before we dive into the new feature being introduced by Milkomeda, it’s important to understand what the company is and what it does. Milkomeda is a Layer 2 network protocol that provides EVM functionality for non-EVM compatible chains. Essentially, this means that Milkomeda allows blockchains that don’t natively support Ethereum Virtual Machine (EVM) compatibility to still access the benefits of the EVM.
# What is Cardano?
Cardano is a popular blockchain platform that is often compared to Ethereum. However, while both platforms are focused on smart contracts and decentralized applications, Cardano aims to solve many of the scalability and sustainability issues that have plagued Ethereum in recent years.
# Using EVM Contracts from Any Cardano Wallet
According to reports, Milkomeda is set to introduce a new feature that will allow Cardano users to use EVM contracts directly from any Cardano wallet. This is a significant development, as it means that Cardano users will now have access to the vast ecosystem of Ethereum-compatible applications and smart contracts. Previously, users would have had to jump through various hoops and use different wallets in order to access these applications.
# Pledge Rewards for EVM Users and Smart Contract Developers
In addition to the new feature that allows Cardano users to use EVM contracts directly from their wallet, Milkomeda also plans to provide pledge rewards to all EVM users, including smart contract developers. This means that users who hold a certain amount of crypto pledged to the EVM ecosystem will automatically receive rewards every five days. This pledge incentivizes developers to build on the EVM ecosystem, contributing to the growth and development of the ecosystem as a whole.
# Implications for the Future of Cryptocurrencies
The new feature being introduced by Milkomeda has significant implications for the future of cryptocurrencies. By allowing Cardano users to use EVM contracts directly from their wallet, Milkomeda is contributing to the development of a more interconnected and interoperable blockchain ecosystem. Additionally, the pledge rewards incentivize developers to build on the EVM ecosystem, which in turn contributes to the growth and development of the cryptocurrency industry as a whole.
# Conclusion
In conclusion, the new feature being introduced by Milkomeda that allows Cardano users to use EVM contracts directly from their wallet is a significant development for the world of cryptocurrencies. With this new feature, Cardano users will have access to the vast ecosystem of Ethereum-compatible applications and smart contracts, contributing to the growth and development of the cryptocurrency industry as a whole. Additionally, the pledge rewards incentivize developers to build on the EVM ecosystem, further contributing to the growth and development of the industry.
# FAQs
1. What is Milkomeda?
Milkomeda is a Layer 2 network protocol that provides EVM functionality for non-EVM compatible chains.
2. What is Cardano?
Cardano is a popular blockchain platform that aims to solve scalability and sustainability issues.
3. What are pledge rewards?
Pledge rewards are rewards given to users who hold a certain amount of crypto pledged to the EVM ecosystem.
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