Input Output Global (IOG) has created a toolkit for building custom sidechains on Cardano. A sidechain is a separate blockchain that is connected to the main chain. The toolkit allows users to develop sidechains with their own set of rules and features.
It includes the main chain Plutus scripts, a chain follower, and a sidechain module. It also has a guide for developers to use the toolkit. The team also built an Ethereum virtual machine (EVM)-compatible sidechain as a proof of concept.
This toolkit is open source, and the EVM sidechain will be available to the public as a testnet this month. It allows developers to test and explore its potential.
Revolutionary Sidechain Toolkit for Cardano Community
IOG has been working diligently behind the scenes to create a revolutionary toolkit that empowers anyone to tap into the robust security and infrastructure of Cardano to build their own sidechains.
This toolkit is a major breakthrough in the blockchain world, as it allows users to construct custom sidechains that align with their unique needs and objectives.
According to the blog post, IOG is now making this toolkit available to the Cardano community and will be open-source. The project’s first stage was demonstrated at the IO ScotFest in Edinburgh in November 2022.
Yesterday, the company made the first tranche of formal documentation accessible to the public, enabling developers to start exploring the toolkit’s capabilities.
The toolkit is made up of three main parts, such as the Main chain Plutus scripts, which run on Cardano main chain and help with token movement.
Second a chain follower, which tracks the main-chain data and events that control the sidechain; and a sidechain module, which is part of the sidechain client and helps understand main-chain data and make changes to the ledger.
Per the blog post, the planned release of the toolkit in January is not a fully polished solution. The blog post stated that known areas require improvements, such as the bridge experience, the SPO rewards mechanism, and the security model.
However, IOG plans to work on these areas with the community through a collaborative process of feedback, thoughts, and recommendations.
While there are many ways to improve the toolkit and many ways to use a sidechain, IOG believes that the toolkit they have developed internally will provide a strong foundation for building more tools and making further improvements in collaboration with the community.
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