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TangleChains allow millions of companies and people to create value and invent new ecosystems worldwide

April 12, 2023
in Crypto News
Reading Time: 4 mins read
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Smart contracts team improved Wasp node and ready to launch ShimmerEVM
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  • Tanglechains is an easy-to-use- platform for IOTA developers to build new projects within the Shimmer ecosystem.
  • It also makes it very easy for developers to create decentralized applications that are more secure, faster, and more easily accessible than ever before.

As the IOTA Shimmer ecosystem continues to evolve further, more and more projects are looking to be a part of the same. Tanglechains is one such directory of smart contract chains and EVM on the Shimmer Network as well as the IOTA mainnet.

Operated by SPYCE.5, Tanglechains basically serves as a hub of information on smart contract chains. Besides, it also offers details about the RPC endpoints, one-click wallet connect facility as well as other key information.

🌍 Join the #Shimmer revolution! 🚀 https://t.co/ZaMQi00UNk connects you to an ecosystem that empowers people worldwide to create value and invent new ecosystems! 💡 #Tanglechains #IOTA #DeFi @shimmernet

— TangleChains.org (@TangleChains) April 11, 2023

Tanglechains is basically an easy-to-use- platform for IOTA developers to build new projects within the Shimmer ecosystem. Additionally, it also allows them to collaborate with other developers on shimmer.

Shimmer is the Layer-1 staging network of the IOTA blockchain which functions as a testbed for new innovation taking place in the ecosystem. What makes the Shimmer Network special is its key attributes such as delivering high performance and being a scalable DAG-based ledger. Since the Shimmer Network is highly scalable, it can handle multiple transactions in parallel.

During its announcement last month, SPYCE.5 described Tanglechains as:

Tanglechains.org serves as a hub for information on smart contract chains, offering details on their RPC endpoints, one-click wallet connect and other key information. It is fully open source and we invite and encourage developers from the ecosystem and the community to enhance the platform with their own ideas, utility and functionality.

Follow us for the latest crypto news!

TangleChains and ShimmerEVM

Just as Shimmer announced the launch of ShimmerEVM testnet last month, Tanglechian was quick enough to support its integration. Via Tanglechains, users can connect their Shimmer wallets to the network.

The ShimmerEVM Testnet is out! 🚀

Tanglechains is the ultimate decentralized directory service for discovering smart contract chains on @shimmernet and a valuable resource for developers, offering increased visibility and accessibility for their dApps.@SPYCE_5 pic.twitter.com/rIanAxxZPD

— TangleChains.org (@TangleChains) March 29, 2023

Over the past year, various blockchain ecosystems have experienced multiple hacks, which caused the loss of several hundred million dollars due to faulty bridge implementation.

          No spam, no lies, only insights. You can unsubscribe at any time.

In order to address this issue, the IOTA team created the Shimmer network. It enables bridgeless asset transfers and composability, eliminating the need for untrusted relays and bridges. With Tanglechains, each chain can natively exchange tokens and digital assets with other chains on the Shimmer network.

This makes it very easy for developers to create decentralized applications that are more secure, faster, and more easily accessible than ever before. Finding chain partners, interacting with them natively, and creating a seamless customer experience will become effortless with Tanglechains.org.

Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.


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