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- IOG will launch the software toolkit in late January 2023.
- The toolkit will allow developers to build custom sidechains for Cardano.
- IOG expects this sidechain development will boost mass adoption.
Input Output Global (IOG), the team behind Cardano’s ecosystem, plans to release a software toolkit in late January 2023 to allow developers to implement independently developed sidechains on Cardano to enhance its ecosystem. IOHK (now IOG), a blockchain development firm created by Charles Hoskinson, announced the initial technical documentation for the sidechain toolkit on January 12.
A sidechain is a separate blockchain network that operates in tandem with the main network. The mainnet, which typically promotes decentralization and security, is frequently made more scalable with the addition of sidechains.
As a “proof of concept,” IOG developers have already utilized the toolkit to build a public testnet for a sidechain compatible with Ethereum Virtual Machine (EVM). Furthermore, Once the audit is complete, anybody can install DApps, create smart contracts, and move tokens across testnets. In addition to other use-case-specific capabilities, the toolkit will allow sidechain developers to pick their preferred consensus process.
IOG “hopes to see a family of Cardano sidechains and partner chains emerging” and believes that the development of sidechain ...
The post Cardano Development Team Announces Sidechain Toolkit for Devs appeared first on Coin Edition.
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