IOTA's EVM mainnet is now online, introducing smart contracts, cross-chain and other functions

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Cointime2024/06/04 15:01

By:Cointime

IOTA announced the launch of the IOTA EVM mainnet, which is a Layer 2 solution fully compatible with the Ethereum Virtual Machine (EVM) on the IOTA network. Since its initial release on Shimmer in September 2023, IOTA EVM has undergone extensive improvements, testing, and auditing. This version introduces features such as smart contracts, cross-chain functionality, parallel processing, and enhanced miner extractable value (MEV) security. Users can connect through MetaMask and explore the network using the Firefly wallet. IOTA EVM will focus on the RWA direction, with partners including LayerZero, Stargate Finance, Pyth Network, and Supra.

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