The IOTA Foundation has announced the launch of IOTA EVM, a Layer2 solution that can seamlessly integrate smart contract capabilities into the IOTA Network.
The announcement of the launch comes only a few months after the launch of the Shimmer EVM. It signals the culmination of extensive testing, audits, and significant enhancements.
The IOTA EVM
The IOTA EVM launch was made possible by a partnership between IOTA, LayerZero, Pyth Network, Stargate Finance, and Supra and offers an array of innovative features that significantly enhance the network’s capabilities. One example of these features is parallel processing, enabled by the protocol’s unique architecture. Parallel processing enables horizontal scalability, facilitating deployment across multiple chains, boosting processing capabilities, and decoupling traditional chain anchoring.
“Today marks a significant milestone: We are thrilled to announce the launch of IOTA EVM, a robust and cutting-edge Layer 2 s
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