Francisco Landino, project manager at Input Output Global, has shared some updates on Cardano’s ERC20 converter during a recent event, claiming that it’ll come to the testnet next week.
The converter, which was first introduced in May, will enable customers to deliver Ethereum-based tokens to the largest proof-of-stake blockchain (and vice versa).
Based on Landino, the new software is designed for each end-users and token issuer.
He added that any ERC20 token could be issued on Cardano as a local token. Again in March, IOG CEO Charles Hoskinson stated that over 100 companies have been within the means of switching from Ethereum to its rival.
Landino also showed a demo presentation of how to covert SingularityNET’s AGIX token to Cardano.
The forthcoming smart contract launch
Delivery lead Dimitris Poulopoulos states that the interior staff is presently in search of something that could possibly be alarming ahead of the mainnet debut, monitoring the network to confirm stability and monitoring any suggestions.
Mel McCann, head of technical integrations at the Cardano Foundation, claims that the staff is tracking 140 exchanges and more than 100 third parties within the ecosystem:
We have now loads of completely different parts that we provide to exchanges, and never each alternate enterprise is identical.
As reported by Cmnnews, the Alonzo hard fork combinator event is expected to take place on Sept. 12.