Wasn't this already done by Milkomedia, who clearly stated why there is little need or PMF in recent X posts.

With Ethereum possibly moving away from EVM and towards risc-v, any argument for this proposal is a moot point.

integrating EVM poses serious risks. Historical data indicates that bridging mechanisms and wrapped assets often lead to vulnerabilities that could compromise Cardano's security and integrity.

The notion that EVM integration will automatically attract developers fails to acknowledge that Cardano’s true value lies in its unique architecture. Instead of pursuing a potentially hazardous bridge to Ethereum dApps, we should focus on leveraging our native asset model and the ongoing Cardano Improvement Proposal (CIP) for smart contracts. This would not only enhance security but also align with our vision of creating a self-sustaining ecosystem built on innovation and resilience.

By cultivating homegrown solutions that fully utilize Cardano's strengths, we can attract developers seeking genuine innovation without resorting to cumbersome bridging solutions.

Milkomeda?

There’s currently a CIP (Cardano Improvement Proposal) that enables smart contract-based tokens on Cardano, which is a far more secure and native solution. Every alternative approach typically involves a bridge or wrapped asset, both of which have historically been vulnerable to exploits.

I really appreciate the intent behind your idea. It’s definitely something that could be valuable, especially if there were strong interest from Ethereum users in bridging liquidity over to Cardano. However, that kind of migration is unlikely at this stage, simply because Cardano doesn’t yet offer the same volume of dApps and tooling as Ethereum’s more mature ecosystem.

That said, the better long-term approach is to build something superior on Cardano, leveraging its powerful Layer 1 architecture. Doing so will naturally attract developers and projects looking for a competitive edge. One of Cardano’s most important innovations is its native asset model, where assets don’t require smart contracts to interact with each other, reducing complexity and risk.

With Leios on the horizon, we’re set to resolve the final part of the blockchain trilemma: scalability. Once TPS is no longer a bottleneck, the foundation is in place for exponential growth.

In short, patience pays off. Wishing you the best with your future endeavors.