Input Output To Release An Ethereum Virtual Machine Sidechain Alpha

Twitter icon  •  Published 1 год назад  •  Hassan Maishera

Input Output, the research company behind the Cardano blockchain, announced via Twitter on Sunday, that they will be releasing the Ethereum Virtual Machine (EVM) sidechain alpha.

Input Output, the research company behind the Cardano blockchain, announced via Twitter on Sunday, that they will be releasing the Ethereum Virtual Machine (EVM) sidechain alpha. The EVM sidechain alpha is currently in its testnet stage, but the team hasn’t revealed when it will be fully released. 

Cardano (ADA) is an open-source Proof-of-Stake (PoS) blockchain network with its inception dating back to 2015. It utilizes a modified version of UTXO (EUTXO) to accommodate support for smart contracts, which are currently under development.

ADA is down by more than 6% in the last 24 hours and is trading at $0.4676 at press time. 

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.