In a current tweet, ErgoDEX introduced it would rebrand to Spectrum on August 12. The publish included a video trailer teasing its Cardano mainnet release.

The project’s roadmap confirmed the workforce is presently engaged on the Cardano launch. This part incorporates three milestones, testnet, bug fixes, then the Cardano mainnet launch.

ErgoDEX has been in Cardano testnet since May

On May 24, the ErgoDEX workforce mentioned they had been two weeks into the testnet. The preliminary outcomes confirmed steady efficiency with swaps and including and eradicating liquidity on a number of wallets. The message signed off, saying the main target now turns to optimization and bug fixes.

Between then and now, ErgoDEX has saved the group knowledgeable with common updates, together with token list updates and particulars of particular coding duties, because the platform finalizes for launch.

Ergo is a Proof-of-Work blockchain incorporating applied sciences corresponding to zk-proofs and adjustable block dimension. However, not like Bitcoin, it’s ASIC resistant, which means worthwhile mining is feasible utilizing normal consumer-accessible gear.

Upon its release, ErgoDEX will supply cross-chain liquidity and interoperability between the Ergo and Cardano networks.

The workforce responds to group suggestions

A Reddit post on the rebrand yielded group suggestions on the title change and different particulars, together with when ErgoDEX plans to launch.

Multiple folks identified that Spectrum can be the title of a U.S. cellphone and broadband supplier, which can trigger branding confusion and open up the undertaking to copyright infringement.

An Ergo workforce member identified that each corporations function inside totally different industries, and tagging “labs” on the finish of Spectrum is a ample differentiator.

“We are an international finance company and our company name will be Spectrumlabs. We don’t see it as an issue.”

On a agency date for ErgoDEX to launch, the OP mentioned the dApp isn’t completed. The most important hold-up relates to updating “some final Vasil libraries.”

“We are stuck waiting for some final Vasil libraries to be updated so we can move forward, the ecosystem isn’t ready just yet.”

Cardano builders delayed the Vasil laborious fork for a second time following the invention of bugs throughout testing. Input Output CEO Charles Hoskinson mentioned:

“It shouldn’t be much longer.”

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