L2 solution makes Cardano, Algorand network interoperable
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. According to the announcement, “Algorand is a non-EVM chain with multiple other unique factors that make it the perfect candidate.
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. 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. Meanwhile, the development did not impact the price of ADA or ALGO.
Source
https://t.me/Cronos_Cardano_Ripple
