Cardano Launches Sidechain Public Testnet

Input Output Global (IOG), the main developer of the Cardano (ADA) project, announced that it has started testing the Ethereum sidechain after releasing the tools needed to create sidechains on the blockchain. According to the team’s statement on Twitter, it is the first of its kind public sidechain testnet built on ADA’s Ethereum Virtual Machine (EVM). In the announcement, it was emphasized that the testnet, which serves as a concept, is temporary and that the network will be reset with the start of the pilot application.

The IOG team decided to make a series of training videos so that crypto investors and developers can master the sidechain initiative. There will also be regular Q&A sessions on the Discord server to answer investors’ questions. The sidechain initiative that Cardano developers announced yesterday was not a first. In the summer of 2021, blockchain company dcSpark launched a project called “Milkomeda,” which acts as a sidechain between ADA and ETH. 10 million transactions have been processed on Milkomeda so far, and the number of wallets created has reached 100,000.

According to blockchain network metrics, Cardano continues to grow rapidly. Official data revealed that smart contracts produced on ADA exceeded 5,000 as of the beginning of the month. Cardano ranks second in GitHub developer activity rankings.