Cardano’s Yoroi Wallet to Soon Enable Users to Interact with Dapps Like Ethereum’s Metamask
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EMURGO, a global emerging technologies company and a funding entity of the Cardano blockchain protocol, which successfully developed and launched Yoroi Wallet in 2018, has started working on the wallet in preparation for the smart contracts era on the Cardano network.

Yoroi is a secure way of easily sending, receiving, and storing Cardano (ADA) and Ergo (ERG) via mobile apps and browser extensions.

Read Also: Cardano: Latest Version of Yoroi Extension Allows Withdrawal of Rewards on Dashboard plus Other Great Features

In a tweet on 17th June 2021, EMURGO pointed out that its team of developers is making effort to prepare Yoroi Wallet for the much-anticipated era of smart contracts on Cardano.

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EMURGO tweeted, “It’s an all out effort getting ready for Cardano’s highly anticipated Alonzo hard fork. Read our update on Yoroi and how EMURGO developers are working towards implementing the required changes to be ready for Cardano’s smart contracts era.”

Read Also: Charles Hoskinson: Mike Novogratz Called Cardano a “Weird Cult” Because There Is No Means for Manipulation

According to EMURGO, Yoroi was designed to serve as a daily light wallet for Cardano (ADA) users and to become the worthy wallet for Cardano users to interact within a broader Cardano ecosystem and its different decentralized applications (DApps).

In a blog post today, EMURGO noted:

With smart contract functionality on the horizon for Cardano’s blockchain through the upcoming Goguen era, Cardano recently launched the first of three testnets for smart contract functionality with the implementation of the Alonzo Blue testnet.

“Once smart contracts are integrated into Cardano’s blockchain with the official Alonzo hard fork mainnet release, it will support the development of a wide variety of DApp services including DeFi, NFTs, and the migration of projects from other blockchain platforms to Cardano.”

How EMURGO Prepares Yoroi Wallet for Cardano’s Smart Contracts Era

According to the report, EMURGO is currently working to implement the required changes to be ready for Cardano’s Alonzo hard fork.

As the Alonzo hard fork is expected to introduce smart contracts and DApps functionalities on Cardano, EMURGO is developing a DApp connector to support both ADA and ERG.

Read Also: Charles Hoskinson: Cardano (ADA) Goguen Launch Remains as Slated; New Yoroi Extension for Mary Released

EMURGO expects the update to make Yoroi Wallet become similar to Ethereum’s MetaMask Wallet:

“Through these updates, we envision that Yoroi Wallet will be similar to the MetaMask Wallet for Ethereum, by enabling Yoroi Wallet users to interact with a wide variety of DApps contributing to the expansion of a decentralized economy and the overall Cardano ecosystem.”

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Solomon Odunayo

By Solomon Odunayo

Solomon Odunayo is an accomplished blockchain and cryptocurrency expert at Herald Sheets, known for his in-depth analysis and engaging articles that cater to both beginners and experienced readers. With a degree in Computer Science from the University of Lagos, Solomon leverages his technical background and keen understanding of the crypto space to provide readers with valuable insights and up-to-date news. His passion for innovation and commitment to staying current with industry developments make him a trusted voice in the digital currency community.