Cardano (ADA) & ETH Collide: Milkomeda | Cardano Rumor Rundown #163

The galaxies of Cardano (ADA) and Ethereum are about to collide in a good way as dcSpark brings us Milkomeda which will be a sidechain project. The first sidechain ("M1") will be an Ethereum Virtual Machine sidechain so that ETH developers will be able to run Solidity smart contracts and makes their services available to Cardano users availing themselves of wrapped ADA.

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Timestamps►►
0:00 Intro
1:01 Milky Way & Andromeda
2:46 Milkomeda
3:10 The Emancipation of ETH
3:28 M1 Sidechain
6:40 Many Potential Sidechains
7:45 Potential Bridges
9:23 "Wrapped Wrapped" Assets
9:55 Milkomeda DAO
10:27 Permissioned Aspects
11:02 Slashing
13:00 Naive Alternatives
13:30 Why Not Compile
16:07 Why Not Use ADA on ETH
16:37 Why Not a Separate Token Chain
17:26 Roadmap

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Companion Reddit thread ►►

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Complete list of previously covered items ►►

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#Cardano #ADA #cryptocurrency

[SebastienGuillemot]

Thank you for the kind words and the review of our project!

[Qui]

It puts a smile on my face when I know ETH users will feel forced to come onto Cardano and overcome their previous hatered and toxic behaviour 😆 The grass is greener on ADA side!

[CodeineRadick]

This is an apt analogy. Cardano moves pretty slowly just like galactic collisions. But Cardano will be a stable main sequence star, Ethereum is more of an accelerated super nova with a massive black hole collapse at the end.

[brodyalden]

Very interesting; good news just keeps on coming on when you’re on this side of the fence. Thanks, Army of Spies!

[sylo-helpyourself]

Andromedamn! How frustrating for ETH maximalist to have other blockchains helping you become more interoperable and efficient. Welcome to the community though! No hard feelings this side 😄

[thirtythree]

Tried to transact Eth from Ronin to Metamask yesterday. Was going to cost me $120 so had to wait 8 hours for the gas fee to be below the $55 Eth that was on Metamask. I hate Ethereum.

[BlowUpDaChrn]

eth- fee's are high
ada- fee's are low
Dcspark- Hold my beer

[deezkayx]

It ain't over till VB and the Hosk rhyme live on stage together

[edmc]

1 small step for Cardano, 1 giant leap for mankind

[MrBaalzebub]

Ethereum is handicapped by a four letter F word - “FEES”

[legioncold]

Got my subscription let's go cardano!!

[giovanniwelvaert]

Hey great video (again). What book did Charles recommend? Thanks a lot

[nottyg]

how is this different from the erc-20 converter on cardano?

[mattheww]

Can we get a video on how Cardano could take market cap from BTC and ETH, or any other coin?

[MrPhlip]

I just watched a 9 minute ad... So you'd make some money... Because I like your content. ✌️

[wiimag]

I have a question for the General of the Army of Spies: could we wrap our Bitcoins in Ada and stake them to a stake pool? if so, would the Ada-wrapped Bitcoins stay in our wallets while they are being staked? Thanks in advance.

[christopher.j.m]

"those poor, poor developers on ethereum" - what an intro!

[blockjock]

Great research stoked for this new project and get on that homework LOL

[edhiker]

Collison of 2 neighboring galaxies! And the Cardano galaxy to dominate in the merger.

[Packman]

Cardano is the future sorry etherium, you’ve met your match