Hoskinson said the current roadmap for the July 29, 2020 fork can be met and that everything is going according to plan.
Cardano will launch an ERC20 converter that will allow the migration of ERC20 tokens from the Ethereum network to Cardano.
Furthermore, interoperability with other blockchains such as Etherem or Litecoin should be extended, so that Litecoin transactions can be executed also on Cardano.
Cardano is still successfully complying with the program, so the bifurcation lasts for July 29th. On August 18th, all Stock Exchange Traders and Pioneers will migrate to Shelley’s Main Network and start producing blocks. This is one of the most important and difficult steps, so Hoskinson marks this date as an important milestone in a new upgrade