IOTA’s Smart Contracts on ShimmerEVM: Navigate the Future with Blockscout
Earlier this week, the IOTA network unveiled the ShimmerEVM, a groundbreaking development that bridges Ethereum applications with the IOTA Network. This integration brings exciting possibilities for developers and users alike, and it has already garnered attention from the blockchain community.
To further enhance the functionality and accessibility of ShimmerEVM, Shimmer has partnered with Blockscout, an open-source tool designed for blockchain exploration and transaction verification on the Ethereum Virtual Machine (EVM). This collaboration ensures transparency, contract validation, and comprehensive API access for developers within the Shimmer ecosystem.
Blockscout is a powerful explorer that allows users to explore, verify, and examine transactions within any blockchain operating on the EVM. By extending its support to Shimmer, Blockscout contributes to the seamless integration of ShimmerEVM into the blockchain landscape.
The launch of ShimmerEVM marks a significant milestone in smart contract execution within the Shimmer ecosystem. This advancement enables smart contract developers to create and deploy applications seamlessly. ShimmerEVM stands out with its distinctive attributes, including innate randomness and direct interaction through “magic contracts” with elements outside of the EVM scope, such as Shimmer’s native assets. With its high throughput and cost-effectiveness, ShimmerEVM opens the door to exciting opportunities for developers engaging with smart contracts on the Shimmer network.
The partnership between Shimmer and Blockscout is essential for maintaining uniformity and ease of use across different blockchain ecosystems. As users navigate between diverse blockchains more frequently, cross-chain tools become increasingly vital. Together, Shimmer and Blockscout provide the necessary tools and infrastructure for users to explore and interact with the Shimmer network effectively.
Blockscout offers comprehensive transaction insights, including internal transactions, complete logs, state modifications, and any binary data integrated into the transaction. This transparency ensures that users have a complete view of blocks, transactions, tokens, and more.
Furthermore, Blockscout simplifies the contract verification process, allowing developers to validate, read, and interact directly with contracts. It also provides a comprehensive API that businesses and projects can access to incorporate the most up-to-date Shimmer data into their services.
The successful launch of ShimmerEVM has generated anticipation for the IOTA Stardust upgrade, another milestone in the IOTA network’s evolution. The Stardust upgrade introduces multi-asset support, enabling users to create, tokenize, and trade native assets directly on the Tangle. This feature opens up new opportunities for asset creation and exchange, enhancing the flexibility and resilience of the IOTA network.
As the IOTA network continues to innovate and evolve, partnerships like the one between Shimmer and Blockscout are crucial. Together, they provide the tools and infrastructure necessary for developers and users to navigate the future of smart contracts on the Shimmer network.
Disclaimer: This article is for informational purposes only and should not be considered financial or investment advice. It is important to do your own research and consult with professionals before making any investment decisions.
