Cardano

Ergo

Wanchain

Dogecoin

<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
Ergo, a smart contract platform, has announced that the user interface (UI) to <a href="https://twitter.com/RosenBridge_erg/status/1741179986391027943" rel="noopener noreferrer nofollow">Rosen Bridge</a> has been enabled, allowing public cross-chain liquidity transfers between Ergo and Cardano for an initial subset of assets: ADA, ERG, RSN, SigUSD and SigRSV.
<blockquote>
 RosenLite is LIVE - <a href="https://t.co/RgLhykpcIE" rel="noopener noreferrer nofollow">https://t.co/RgLhykpcIE</a>The UI to Rosen Bridge has been enabled, allowing public cross-chain liquidity transfers between <a href="https://twitter.com/hashtag/Ergo?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Ergo</a> and <a href="https://twitter.com/hashtag/Cardano?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Cardano</a> for an initial subset of assets:▪️ADA▪️ERG▪️RSN▪️SigUSD▪️SigRSVThe first of many bridges and assets to come! <a href="https://t.co/wi7W5iJVGe" rel="noopener noreferrer nofollow">pic.twitter.com/wi7W5iJVGe</a>— Rosen Bridge (@RosenBridge_erg) <a href="https://twitter.com/RosenBridge_erg/status/1741179986391027943?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 30, 2023</a>
</blockquote>
This move marks the beginning of the interoperability era for Ergo and Cardano, with more bridges and assets expected in the coming days.
In November, <a href="https://ergoplatform.org/en/news/Ergo-Launches-Rosen-Bridge-to-Cardano/" rel="noopener noreferrer nofollow">Ergo</a> announced the launch of the Rosen Bridge to Cardano. RosenLite is the first release phase of the Ergo-centric Rosen Bridge, which allows for the bridging of tokens between different blockchains.
Currently, the Rosen bridge is deployed to enable native token swaps between Ergo and Cardano, but the road map includes ambitions to facilitate bridges to Ethereum, Bitcoin, Dogecoin and Binance Smart Chain.
<a href="https://u.today/cardano-ada-could-surge-20-more-with-this-pattern-breakout-details" rel="noopener noreferrer nofollow">Cardano</a> has developed tremendously in both technical development and user adoption since its inception in 2015 and formal launch in 2017, with a growing ecosystem of users, dApps, wallets, developers and more. The latest interoperability move is expected to boost Cardano and Ergo's blockchain utility.
<h2 id="cardano-s-interoperability-drive">Cardano's interoperability drive</h2>
At the start of 2023, <a href="https://u.today/cardanos-iog-gives-its-latest-update-on-state-of-things-for-vasil" rel="noopener noreferrer nofollow">Cardano builder IOG</a> launched a toolkit for developing custom sidechains on Cardano.
Other CIP proposals and open-source tools are being developed on GitHub to make Cardano a much more interoperable ecosystem, primarily with EVM-based products and services.
Cardano has become more interoperable thanks to partnerships with Wanchain and Maestro, which will help to further connect Cardano and grow TVL for Cardano DeFi apps.
Builders such as Paima Studios are developing solutions to make gaming more interoperable and to broaden Cardano's ecosystem by allowing games on other blockchain platforms to migrate to Cardano without transferring assets.

Cardano (ADA) Breaks New Ground in Cross-Chain Compatibility

Table of Contents

U_Today

Other articles published on Dec 31, 2023

Guide For Staking Shiba Inu and Exploring All Prospects of It

Pasar Kripto dalam Perubahan, Retik Finance Dilirik dan Tron dalam Kewaspadaan

Turing Completeness Ensures Anonymity in Crypto Transactions

Aptos Blockchain Sees Explosive Activity and User Growth

How to HACK Binance: Turning $1,800 into $568K with a 39x Long on Solana – Inside the High-Stakes...

Ethereum (ETH) Layer 2 Networks Growth Is Crucial: Here's Why

Join our free newsletter for daily crypto updates!