Top Analyst Benjamin Cowen Highlights Advantage Cardano (ADA) Has Over Other Smart Contract Platforms
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According to an official announcement made by IOG during the monthly product update, there is an addition of two new development environments designed to let developers write on smart contracts for Cardano in various programming languages.

Over 140,000 Smart Contracts Will Be Compatible With Cardano

Going by the report, the ‘KEVM’ devnet will enable developers to implement Ethereum-based applications written in Solidity on Cardano, indicating that more than 140,000 smart contracts will be compatible with the Cardano network.

Read Also: Charles Hoskinson Hints at Many Deals, Partnerships, DApps, and Interests to Build On Cardano In 2021

Moreover, in a bid to leverage lower fees, security, and speed on the network, Ethereum developers will be able to write decentralized applications (DApps) in Solidity and use them on the Cardano blockchain.

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According to IOG, another devnet known as IELE is targeted at enabling developers to write codes in any programming language on Cardano.

The firm added that IELE will be the first large-scale beta test that enables non-blockchain developers to create smart contracts on Cardano without basic knowledge about programming language related to blockchain.

This implies that Cardano is giving wider room to developers from various sectors to create smart contracts on the network in any conventional language, such as Java, C++, Python, and Rust.

Commenting on the new development, Charles Hoskinson, the creator of Cardano (ADA) said:

“Universality is the next piece in the puzzle for mainstream blockchain adoption, which is why we’re focused on removing barriers to the world of writing smart contracts for blockchain, no matter which languages developers actually know.

Read Also: IOG: Cardano’s Project Catalyst Grows to Become the World’s Largest DAO in Less Than 7 Months

“This new access to the world of writing blockchain-based smart contracts, combined with our focus on industry collaboration, means that blockchain technology will finally be able to live up to its inclusive principles, allowing a diverse network of partners and developers to build innovative and potentially world-changing solutions.”

The report added that KEVM and IELE will be released as independent networks and connected as sidechains to the Cardano network by 2022.

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Tobi Loba

By Tobi Loba

Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to satisfy her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.