- 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 ...
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