EMURGO, a global emerging technology company and funder of the Cardano blockchain protocol, which successfully developed and launched the Yoroi Wallet in 2018, has started work on the wallet in preparation for the era of smart contracts on the Cardano network. .
Yoroi is a secure way to easily send, receive and store Cardano (ADA) and Ergo (ERG) through mobile apps and browser extensions.
In a tweet on June 17, 2021, EMURGO noted that its team of developers is making an effort to prepare the Yoroi Wallet for the long-awaited era of smart contracts at Cardano.
“It's a total effort to prepare for Cardano's long-awaited Alonzo hard fork. Read our update on Yoroi and how EMURGO developers are working to implement the necessary changes to be ready for the Cardano smart contract era. "
According to EMURGO, Yoroi was designed to serve as a daily lightweight wallet for Cardano (ADA) users and to become the worthy wallet for Cardano users to interact within a broader Cardano ecosystem and its different decentralized applications (DApps) .
In a blog post today, EMURGO noted:
“With smart contract functionality on the horizon for Cardano's blockchain until the next Goguen era, Cardano recently launched the first of three testnets for smart contract functionality with the implementation of the Alonzo Blue testnet. .
Once smart contracts are integrated into the Cardano blockchain with the official launch of the Alonzo hard fork mainnet, it will support the development of a wide variety of DApp services, including DeFi, NFT, and project migration. from other blockchain platforms to Cardano ”.
How EMURGO Prepares Yoroi Wallet for the Cardano Smart Contract Era
According to the report, EMURGO is currently working to implement the necessary changes to be ready for Cardano's Alonzo hard fork.
As the Alonzo hard fork is expected to introduce smart contracts and DApps functionalities into Cardano, EMURGO is developing a DApp connector to support both ADA and ERG.
EMURGO hopes the update will make Yoroi Wallet similar to Ethereum's MetaMask Wallet:
"Through these updates, we envision that Yoroi Wallet will be similar to MetaMask Wallet for Ethereum, allowing Yoroi Wallet users to interact with a wide variety of DApps that contribute to the expansion of a decentralized economy and the overall Cardano ecosystem." .