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HomeNewsShimmer Launches ShimmerEVM Testnet, A Major Milestone Towards IOTA 2.0 Infrastructure

Shimmer Launches ShimmerEVM Testnet, A Major Milestone Towards IOTA 2.0 Infrastructure

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  • IOTA’s Layer-1 staging network, Shimmer, has launched the ShimmerEVM testnet, which is a major milestone toward launching the IOTA 2.0 infrastructure.
  • The introduction of the EVM on the testnet will expand the reach of the Shimmer protocol to a wider community of blockchain users and developers working on EVM-compatible smart contracts.

IOTA’s Layer-1 staging network, Shimmer, has recently announced the launch of the ShimmerEVM testnet. This marks a significant milestone towards the launch of the IOTA 2.0 infrastructure, as it expands the reach of the scalable and interoperable Shimmer protocol to a wider community of blockchain users and developers working on EVM-compatible smart contracts.

The introduction of the EVM on the testnet will significantly expand the reach of the Shimmer protocol, allowing developers to test and validate the ShimmerEVM, discover bugs, and improve the platform before launching it on the Shimmer blockchain. Over the last four months, the IOTA smart contracts team has been actively working on approving the first release of the Shimmer-compatible IOTA smart contracts (ISC) on several fronts, with a particular focus on getting the node software ready for usage on the real network.

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One of the significant challenges the developers faced while implementing the smart contract nodes was refactoring the consensus-related modules. Shimmer noted that the developers have worked towards proper refactoring while ensuring that the crucial components work swiftly with the launch of ShimmerEVM. Another essential change was to look at the historical state of smart contracts and not just the most recent state.

The launch of ShimmerEVM testnet also brings an upgrade to the EVM compatibility. Shimmer has focused on adding support for using Shimmer native assets from L1 on an EVM chain as ERC20 tokens or ERC721 NFTs. This eliminates the need for custom bridges within the Shimmer ecosystem. The EVM compatibility received a notable upgrade, with a focus on adding support for using Shimmer native assets from L1 on an EVM chain as ERC20 tokens or ERC721 NFTs. This eliminates the need for custom bridges within the Shimmer ecosystem.

Shimmer has also unveiled a new API and CLI implementation, which supports new functionalities such as directly calling smart contract call-views, user management, and node management. While using the OpenAPI specification standard, Shimmer allows users to fully automate “the generation of documentation for the API and its client libraries in almost every programming language imaginable.” This new API offers a versatile and consistent replacement for the previous version, providing a more convenient CLI tool.

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The ShimmerEVM testnet launch is a significant milestone in the development of the IOTA 2.0 infrastructure. It shows the progress made by the IOTA team towards approving the first release of the Shimmer-compatible IOTA smart contracts. The successful launch of the ShimmerEVM testnet marks an important step towards achieving the IOTA’s vision of enabling a machine-to-machine economy. The launch of ShimmerEVM will further open the doors for the launch of the IOTA 2.0 infrastructure and expand the reach of the Shimmer protocol to a wider community of blockchain users and developers working on EVM-compatible smart contracts.

In conclusion, the launch of ShimmerEVM testnet is a critical step forward for IOTA, and the progress made so far is a testament to the team’s hard work and dedication towards achieving the IOTA vision.

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Jack Williams
Jack Williams
As a Blockchain Analyst, I specialize in analyzing the performance of decentralized systems and optimizing their efficiency. Through data analysis, I provide insights on blockchain technology, smart contracts, and cryptocurrencies to help businesses make informed decisions and improve their operations.
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