{"id":269040,"date":"2022-10-20T16:49:10","date_gmt":"2022-10-20T15:49:10","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=269040"},"modified":"2022-10-20T16:49:10","modified_gmt":"2022-10-20T15:49:10","slug":"l2-solution-makes-cardano-algorand-network-interoperable","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/l2-solution-makes-cardano-algorand-network-interoperable\/","title":{"rendered":"L2 solution makes Cardano, Algorand network interoperable"},"content":{"rendered":"<p>Cardano (<a href=\"https:\/\/cryptoslate.com\/coins\/cardano\/\">ADA<\/a>) founder Charles Hoskinson announced that Algorand (<a href=\"https:\/\/cryptoslate.com\/coins\/algorand\/\">ALGO<\/a>) is now on the Cardano network in reaction to the news that Mikomedia A1 Rollup is live on Algorand.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">And by the power of blockchain transitivity, Algorand is now on Cardano <a href=\"https:\/\/t.co\/wpKDNB6LFW\">https:\/\/t.co\/wpKDNB6LFW<\/a> <a href=\"https:\/\/t.co\/1N6SlyRRdz\">pic.twitter.com\/1N6SlyRRdz<\/a><\/p>\n<p>&mdash; Charles Hoskinson (@IOHK_Charles) <a href=\"https:\/\/twitter.com\/IOHK_Charles\/status\/1582728355040088064?ref_src=twsrc%5Etfw\">October 19, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>What is Milkomedia?<\/h2>\n<p>Mikomedia is a blockchain interoperability provider which focuses on giving EVM capabilities to smart networks like Cardano, which are originally non-EVM. On the Layer-2 A1 rollup, wrapped ALGO \u2014 dubbed milkALGO \u2014 will be the native currency for all transactions.<\/p>\n<p>According to the <a href=\"https:\/\/medium.com\/@milkomedafoundation\/the-milkomeda-a1-rollup-is-now-live-on-algorand-mainnet-95bdb0a9d13e\"><span class=\"s4\">announcement<\/span><\/a>, \u201cAlgorand is a non-EVM chain with multiple other unique factors that make it the perfect candidate for one of the first rollups outside the Ethereum (ETH) ecosystem.\u201d<\/p>\n<blockquote><p>\u201cMilkomeda\u2019s chief focus is fostering blockchain interoperability, accomplished by bringing EVM capabilities to non-EVM chains, while creating a seamless user experience.\u201d<\/p><\/blockquote>\n<p>Two products are already live on the A1 rollup: Celer and Blueshift. Blueshift is a decentralized exchange based on the Milkomeda Cardano C1 sidechain. Now that it has been deployed on the AI Rollup, it will be possible for Algorand users to access the protocol.<\/p>\n<h2>What does this mean for Layer-2 networks?<\/h2>\n<p>Launching the Layer-2 A1 rollup is a big deal for Cardano and Algorand because it will allow the two networks to connect. This could not have happened without the rollup since both blockchain networks use different architectures.<\/p>\n<p>Cardano is based on the UTxO architecture, while Algorand uses Algorand Virtual Machine (AVM). Without the Layer-2 rollup, it would be impossible for the two to connect or swap assets.<\/p>\n<p>Blueshift is also planning to release features that will make it possible for users of both networks to make Cross-chain swaps.<\/p>\n<p>Meanwhile, the development did not impact the price of ADA or ALGO.<\/p>\n<p>ADA was down 0.5% over the past 24 hours and down 7.3% over the past seven days \u2014 trading at $0.3536.<\/p>\n<p>ALGO was trading at $0.3132 as of press time, down 0.2% in the last 24 hours.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cardano (ADA) founder Charles Hoskinson announced that Algorand (ALGO) is now on the Cardano network in reaction to the news that Mikomedia A1 Rollup is live on Algorand. And by the power of blockchain transitivity, Algorand is now on Cardano https:\/\/t.co\/wpKDNB6LFW pic.twitter.com\/1N6SlyRRdz &mdash; Charles Hoskinson (@IOHK_Charles) October 19, 2022 What is Milkomedia? Mikomedia is a [&hellip;]<\/p>\n","protected":false},"author":720,"featured_media":269179,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[77497,37],"tags":[75379,77222],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>L2 solution makes Cardano, Algorand network interoperable<\/title>\n<meta name=\"description\" content=\"Cardano (ADA) founder Charles Hoskinson announced that Algorand (ALGO) is now on the Cardano network after new L2 solution launches.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/l2-solution-makes-cardano-algorand-network-interoperable\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"L2 solution makes Cardano, Algorand network interoperable\" \/>\n<meta property=\"og:description\" content=\"Cardano (ADA) founder Charles Hoskinson announced that Algorand (ALGO) is now on the Cardano network after new L2 solution launches.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/l2-solution-makes-cardano-algorand-network-interoperable\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-20T15:49:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/10\/cardano-algorand-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Oluwapelumi Adejumo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Oluwapelumi Adejumo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/l2-solution-makes-cardano-algorand-network-interoperable\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/l2-solution-makes-cardano-algorand-network-interoperable\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#person\",\"name\":\"Oluwapelumi Adejumo\",\"url\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg\",\"caption\":\"Oluwapelumi Adejumo\"},\"jobTitle\":\"Senior Reporter\",\"description\":\"Oluwapelumi values Bitcoin's potential. 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