Cardano Developers Reveal Critical New Toolkit for Ethereum-Compatible Sidechains

Input Output Global (IOG), the development team behind Ethereum (ETH) rival Cardano (ADA), is announcing the launch of a new toolkit that allows for the building of sidechains for the Cardano network.

In a blog post, IOG says that the toolkit enables developers to build Ethereum virtual machine (EVM)-compatible chains with their own consensus algorithm and features.

One such chain has already been created as a proof of concept, according to IOG’s announcement.

“Using the…


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