The Charles Hoskinson-led Input Output Global (IOG), a group of developers building the ADA crypto project has rolled out a new product, enabling the development of Ethereum-compatible sidechains on the Cardano blockchain.
This product – a sidechain toolkit – is designed to give Cardano an interoperable environment, introduce higher programmability and make the blockchain highly scalable.
A sidechain is a blockchain that depends on its main chain and is connected to it. Sidechains make a particular blockchain platform extensible and more scalable while maintaining the stability and security guarantees of the main chain.
To extend the capacity of the popular smart-contract platform, Cardano developers launched a new toolkit on Thursday, alongside its components, documentation, and a proof of concept.
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