Shimmer, a blockchain platform, has formed a partnership with Blockscout, an open-source tool used for exploring and verifying transactions on the Ethereum Virtual Machine (EVM). This collaboration aims to ensure transparency, validate contracts, and provide comprehensive API access for developers within the Shimmer ecosystem.
Earlier this week, on September 28, the IOTA network introduced ShimmerEVM, a solution that connects Ethereum applications with the IOTA Network. Shortly after, Shimmer announced its collaboration with Blockscout.
Blockscout is a powerful open-source tool that facilitates the exploration, verification, and examination of transactions on any blockchain operating on the EVM. Shimmer is excited about this collaboration and believes it will enhance its explorer, especially in light of the recent launch of ShimmerEVM. Developers can now explore the seamless functionality of Shimmer and discover its key features through Blockscout.
The launch of ShimmerEVM represents the integration of EVM-compatible smart contract execution into the Shimmer ecosystem. This advancement allows smart contract developers to easily create and deploy applications.
ShimmerEVM stands out with its unique attributes, including innate randomness and direct interaction with elements outside of the EVM scope, such as Shimmer’s native assets. Along with its high throughput and cost-effectiveness, this development opens up exciting possibilities for developers working with Smart Contracts on the Shimmer network.
To support ShimmerEVM, a reliable and fast explorer is required, and Blockscout fulfills this need by extending its support to Shimmer from the very beginning. Blockscout ensures transparency across blocks, transactions, tokens, and more. Its transaction insights provide a comprehensive view, including internal transactions, complete logs, state modifications, and any binary data integrated into the transaction.
The contract verification feature simplifies the process for developers to validate, read, and interact directly with contracts through Blockscout. Additionally, a comprehensive API is readily available, granting projects immediate access to the most up-to-date Shimmer data.
As users navigate between different blockchain ecosystems more frequently, cross-chain tools have become increasingly essential. Shimmer and Blockscout recognize this need, and through their partnership, they are delivering the necessary EVM and exploration tools that users expect when engaging with a blockchain.
Once the foundational infrastructure is established, users have the flexibility to explore the unique features of the chain. With Shimmer EVM and Blockscout, users can explore a pioneering tokenization framework and innovative methods for creating, transferring, and trading assets.
Following the successful launch of ShimmerEVM, attention is now on the upcoming IOTA Stardust upgrade. This upgrade, led by the IOTA Foundation, is expected to be a significant milestone in the evolution of the IOTA network. It will introduce new features and enhancements aimed at improving flexibility and resilience.
The Stardust upgrade introduces multi-asset support, allowing users to create, tokenize, and trade native assets directly on the IOTA Tangle. This involves creating a new coin type on the ledger linked to a specific asset, such as a commodity or security. Once established, these native assets can be generated and exchanged among users through the IOTA ledger.