ERC-20 tokens one step closer to going native on Cardano

ERC-20 tokens one step closer to going native on Cardano
фото показано с : invezz.com

2021-12-10 16:20

ERC-20 tokens have been developing dynamically for some time now, but they’ve never been closer to going native on Cardano (ADA/USD) before, CoinFi reported. The sixth-biggest crypto by market cap shared important news through developer arm IOHK.

Converter testnet ready to be tested by ADA community

According to founder Charles Hoskinson, an ERC-20 converter testnet is now ready to be tested by the community. Users can take advantage of a permissioned bridge to transfer tokens between the Ethereum (ETH/USD) and Cardano blockchains via AI service provider SingularityNET and its AGIX token.

IOHK issued the following statement, drawing attention to the need for blockchain interoperability.

We are currently building out and collaborating on multiple bridges to connect Cardano to other blockchains, and this first converter is a vital artery in this system. The more these connections grow, the higher the network effect to boost the flow of liquidity within the Cardano ecosystem.

IOHK also reported that users could keep their converted tokens in the Yoroi or Daedalus wallets. They can also reconvert to the ERC-20 standard. IOHK were quick to alleviate concerns:

Users do not need technical expertise or coding experience to use the converter. They simply access the tool through a URL and then proceed by creating a new account or configuring an existing Metamask account.

Notwithstanding that fact, performance optimization isn’t complete yet and the testnet is still being monitored for issues.

What is SingularityNET?

The platform describes itself as a decentralized offering, which lets AIs coordinate and cooperate at scale. If you’ve heard of the robot Sophia, you are abreast of developments. Sophia was created by David Hanson, who cofounded SingularityNET.

Using smart contracts to improve AI

According to its whitepaper, the company wants to utilize smart contracts with view to decentralizing AI technology. In essence, SingularityNET is a set of smart contract templates, which can be used by AI agents to request an exchange of data and a presentation of AI wokr results.

Readers might ask themselves whether Cardano is simply exploring AI or the crypto sector is approaching this industry. Cardano is currently in the red, but SingularityNET’s token is doing well.

The post ERC-20 tokens one step closer to going native on Cardano appeared first on Invezz.

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cardano erc-20 going native tokens closer sixth-biggest

Источник: invezz.com

cardano erc-20 → Результатов: 24


Cardano готовит сервис конвертации токенов ERC-20

На следующей неделе в тестнете Cardano развернут конвертер токенов стандарта ERC-20, который должен стать «мостом» между блокчейн-платформой и сетью Ethereum. Об этом рассказал проект-менеджер компании IOHK Франциско Ландино.

2021-8-27 16:12


Разработчики Cardano протестируют сервис конвертации токенов ERC-20

На следующей неделе в тестнете Cardano развернут конвертер токенов стандарта ERC-20, который должен стать «мостом» между блокчейн-платформой и сетью Ethereum. Об этом рассказал проект-менеджер компании IOHK Франциско Ландино.

2021-8-27 13:52


Новый инструмент обеспечит миграцию токенов из Ethereum в Cardano

По информации Input Output Global PM Франциско Ландино, новый интуитивно понятный инструмент позволит токенам ERC-20 с лёгкостью покидать протокол Proof-of-Work (PoW) Ethereum. Постоянно растущий трафик и транзакционные издержки сети Ethereum (ETH) стали наиболее очевидным обоснованием идеи бесшовного инструмента кроссплатформенной миграции токенов.

2021-5-21 12:49


IOHK Unveils ERC-20 Converter Tool for Testnet, Allowing Ethereum Tokens to Migrate to Cardano

Popular ‘Ethereum killer’ Cardano is on the march again, and this time it is focusing on creating a token bridge between Ethereum and its network. Cardano Releases ERC-20 Converter In a Monday release by project manager Francisco Landino of Input-Output Hong Kong (IOHK), the development arm of the Cardano project, said that the forthcoming Alonzo […] The post IOHK Unveils ERC-20 Converter Tool for Testnet, Allowing Ethereum Tokens to Migrate to Cardano first appeared on BitcoinExchangeGuide.

2021-5-19 22:14


Разработчики Cardano запустили обновление Mary с поддержкой нативных токенов

В сети Cardano состоялся хардфорк Mary. Обновление открыло возможность создания нативных токенов, подобных стандарту ERC-20 в сети Ethereum. Today, following the successful #maryhardfork we have begun a new era of native tokens on #Cardano.

2021-3-3 19:31


Фото:

IOTA Co-founder Schiener Considers Partnership and Bridge to Cardano

The IOTA Foundation is placing primary focus on developing bridges to ETH and other ecosystems. IOTA co-founder Dominik Schiener revealed their aim through Discord on December 30, 2020.  Regarding the possibility of developing a post-phase 2 ERC-20 migration tool from Chrysalis, as IOHK is doing for Cardano, Schiener said that this is part of aRead More

2021-1-3 22:00


Фото:

Charles Hoskinson Talks ERC-20 Converter to Redeploy Tokens from Ethereum to Cardano Testnet

In a recent video update, Charles Hoskinson, the face of smart-contracts platform Cardano (ADA) shared several key updates in addition to confirming that the July 29 hard fork date still stands. Hoskinson Discusses ERC-20 Converter Hoskinson took to YouTube to update the Cardano community about the latest developments in the ADA ecosystem.

2020-7-19 19:00


Coinbase внесет в листинг 31 альткоин, а Coinbase Pro добавила 4 токена ERC-20

Криптовалютная биржа Coinbase сообщила, что готовится добавить поддержку 31 нового криптоактива и в партнерстве с регуляторами и банками предоставить возможность работать с криптовалютой пользователям во всех возможных юрисдикциях.

2018-12-7 22:52


Фото:

Богатство или пропасть: что будет с Cardano на следующей неделе?

Даже несмотря на политику Coinbase относительно ZRX, Cardano нашла своё дно. Криптовалюта не стала первым ERC-20 токеном на бирже, что вызвало целую бурю обсуждений в криптокомьюнити. Впрочем, холдеры ADA до сих пор питают надежды на листинг. Актив пережил самую тяжелую...

2018-10-20 14:30


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