First ERC-20 Converter Goes Live On Cardano Testnet

First ERC-20 Converter Goes Live On Cardano Testnet

Cardano has marked the launch of its first-ever ERC-20 converter. The project which had been in the works had finally reached its launch milestone with help from IOG, the developer behind Cardano. With the converter, the network will be able to support the migration of ERC-20 tokens from Ethereum to the Cardano blockchain. Development on the blockchain has been ramping up since the launch of smart contracts capability. The network has seen the first signs of DeFi as developers begin to test out their DApps with help from the foundation. This has inspired even more development with the....


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Cardano ERC-20 converter nears testnet phase

Cardano’s ERC-20 converter tool with built-in two-way convertibility will soon be open for beta testing. Decentralized finance on the Cardano blockchain is drawing closer to becoming a reality, with a token migration bridge soon to enter the testing phase.According to Francisco Landino, project manager at Input Output Hong Kong, or IOHK — the research and development arm responsible for Cardano — the platform’s ERC-20 migration tool is nearing testnet deployment.In a blog post published on Monday, Landino said that the ERC-20 converter tool will allow the migration of Ethereum-based tokens....

Enterprise Blockchain Concordium Launches New Incentivized Testnet

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Enterprise Blockchain Concordium Launches New Incentivized Testnet

Concordium, the enterprise blockchain focused on delivering DLT to businesses at scale, has launched its third testnet. As the project approaches its mainnet release, an incentive program has also been created, promising to reward developers and community members who participate in Concordium’s third testnet of 2020. On October 6, the latest testnet went live, with […]

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