IOTA is a cryptocurreny (coin) which was inspired by Bitcoin but is vastly different in design and implementation. The project is not a fork of any coin but is an independent project initially created by David Sonstebo, Sergey Ivancheglo, Dominik Shiener, and Serguei Popov. The team has turned into non-profit organization which consists of board of directors, supervisory board, executive team, development team and advisors.
Instead of using a Blockchain, IOTA uses a Directed AcyclicShow more [+] aph(DAG), namely Tangle. Traditionally blockchain-based currencies require miners to verify transactions but in the case of Tangle, when you send a transaction your transaction needs to verify two other transactions in order for it to start being verified by later ones. This means IOTA's users will sustain the network by themselves without needing any third party. This makes IOTA an ideal candidate for micropayments since payments carry no fees.
IOTA’s ShimmerEVM Bridge Goes Live in Strategic Linkup with LayerZero
Coinspeaker
IOTA’s ShimmerEVM Bridge Goes Live in Strategic Linkup with LayerZero
The timing for the launch of the ShimmerEVM Bridge is a perfect one, considering the broader expansion underway in the IOTA ecosystem.
IOTA’s ShimmerEVM Bridge Goes Live in Strategic Linkup with LayerZero
Coinspeaker
IOTA’s ShimmerEVM Bridge Goes Live in Strategic Linkup with LayerZero
The timing for the launch of the ShimmerEVM Bridge is a perfect one, considering the broader expansion underway in the IOTA ecosystem.
IOTA’s ShimmerEVM Bridge Goes Live in Strategic Linkup with LayerZero
IOTA’s ShimmerEVM integrates LayerZero for cross-chain communication
ShimmerEVM’s integration with LayerZero is expected to enhance cross-chain communication and DeFi on IOTA’s ShimmerEVM. Connectivity includes with Ethereum, Polygon, Avalanche, Binance Smart Chain and Optimism among other chains. IOTA’s ShimmerEVM has integrated with LayerZero to bring cross-chain messaging technology to users, according to an announcement published on December 27. The integration extends ShimmerEVM’s connectivity […]
The post IOTA’s ShimmerEVM integrates LayerZero for cross-chain communication appeared first on CoinJournal.
ShimmerEVM’s integration with LayerZero is expected to enhance cross-chain communication and DeFi on IOTA’s ShimmerEVM. Connectivity includes with Ethereum, Polygon, Avalanche, Binance Smart Chain and Optimism among other chains. IOTA’s ShimmerEVM has integrated with LayerZero to bring cross-chain messaging technology to users, according to an announcement published on December 27. The integration extends ShimmerEVM’s connectivity […]
The post IOTA’s ShimmerEVM integrates LayerZero for cross-chain communication appeared first on CoinJournal.