The Milkomeda A1 Rollup is Now LIVE on Algorand Mainnet!
The day has come! The Milkomeda A1 Rollup is now live on the Algorand mainnet! This a hugely exciting step for us for multiple reasons, but the main one is that we finally get to share this cutting-edge interoperability solution, that we’ve been working on for months, with the wider world!
Do you want to know how to interact with the Milkomeda A1 Rollup? Read on, we’ve got you covered. If you’ve been living under a rock and this launch is new news to you then you might be wondering what all the fuss is about. Don’t worry, we’ve got you covered too!
While the dev team has been busy building and testing our content team has been writing documentation, social media posts, and blog posts that give you all the information you need about Milkomeda, Algorand, the A1 Rollup, how to use it, how it all actually works, and just why it’s so exciting for both us and the wider blockchain world.
Below are summaries and links to all those content pieces so you can easily find the information you want.
How to Use the A1 Rollup
The A1 Rollup users wrapped ALGOs, called milkALGOs, as its base currency. These milkALGOs are used to pay transaction fees on the rollup and are needed to wrap, unwrap, and transact with the multiple different Algorand Standard Assets (ASAs) that are whitelisted to be used on the A1 Rollup. Below are links to the guides for transferring these assets to the A1 Rollup.
Wrapping and Unwrapping : Documentation
Alternatively, if you’re not already using Algorand, you can use our partner dApp Celer to transfer assets to the A1 Rollup! Learn more about how Celer works below.
What Projects Can You Use on the A1 Rollup?
Now you’ve got your tokens you’ll want to test out some dApps! Luckily we’ve partnered with a few dApp developers to bring you some of the first dApps for the A1 Rollup and you’ll be able to use them right out of the gate! Find out more about these projects and how you can interact with them below:
Live on the A1 Rollup at launch:
Blueshift: Spotlight Article
Celer: Spotlight Article
Launching soon on the A1 Rollup:
Multichain: Spotlight Article
Brightside: More info soon
Axelar: More info soon
What is Milkomeda Bringing to the Algorand Ecosystem?
Milkomeda’s chief focus is fostering blockchain interoperability, accomplished by bringing EVM capabilities to non-EVM chains, while creating a seamless user experience. Algorand 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 ecosystem. All is well and good, but what does this mean?
What is a Milkomeda A1 Rollup?
If you want more detail as to what rollups are and are specifically interested in how the A1 Rollup works (it’s different from the most common types of rollups currently in use), then our article on the Security of the Milkomeda Algorand Rollup is full of information covering these topics. It also details how the Algorand network is secured too, as layer 1 security is inherited by the layer 2 rollup.
Why Did We Build our First Rollup on Algorand?
Algorand has much that makes it attractive to blockchain users: instant transaction finality and transaction confirmation times of under 4 seconds, a transaction throughput of 6000TPS, a sustainability focus (also carbon negative), and a high level of decentralization from allowing any shareholder to participate in their unique and provably secure Pure Proof of Stake™ (PPoS) consensus protocol.
If you’d like to learn more about Algorand’s technical advantages and why we chose Algorand as the site for the first Milkomeda A1 Rollup, keep an eye on our social media because we’ll be releasing additional materials soon.
Finally: Try the A1 Rollup!
Now you’ve got all the knowledge you need at your fingertips then give the wrapping and unwrapping of ALGOs a go on the Milkomeda A1 Rollup! Links for the bridge and explorers (testnet and mainnet) are below.
If this is your first time wrapping and unwrapping assets and you’re a little unsure about doing so then you can test the process out on the testnet with test assets before committing to doing it with real assets on the mainnet. After that, jump over to the mainnet implementation and transfer yourself some ALGOs over to the A1 Rollup mainnet and have a go using the live dApps and experience Algorand’s first-ever rollup! Stay tuned with Milkomeda for more announcements regarding the A1 Rollup and what is building on top of it!
A1 Rollup (Mainnet):
Mainnet Bridge: A1 Mainnet Bridge dApp
Milkomeda Docs: Documentation
Bridge Explorer: A1 Bridge Explorer
EVM Explorer: EVM Explorer
A1 Rollup (Testnet)
Testnet Bridge: A1 Testnet Bridge
Bridge Explorer: Testnet Bridge Explorer
Wrapping Guide: Medium Post
Transaction Explorer: BlockScout