tl;dr
- ChainPort integrates IOTA EVM as its 24th supported chain
- Developers and web3 projects can now bridge tokens to and from the IOTA ecosystem via ChainPort
- IOTAevm delivers advanced smart contract functionality with a familiar and robust platform for developers
- IOTA's feeless transactions through Tangle technology can be highly advantageous for web3 projects with high transaction volumes
Token Bridging to IOTA now Available at ChainPort
ChainPort expands its ever-growing network by integrating IOTAevm as its 24th supported chain! This integration opens doors for developers and web3 projects, enabling them to smoothly bridge tokens to and from the IOTA ecosystem via ChainPort.
The IOTA Smart Contract framework, also known as IOTAevm, is designed to deliver an advanced experience for users seeking smart contract functionality. It mirrors the capabilities of leading EVM environments, providing a familiar and robust platform for developers.
One of the standout features of IOTAevm is its scalability, capable of handling up to 700 transactions per second or tps. This scalability makes it suitable for a wide range of applications, including web3 gaming, social media platforms, and beyond.
The IOTA protocol distinguishes itself by implementing feeless transactions through its innovative Tangle technology. This DAG structure eliminates the need for validators and fees. This feeless model can be highly advantageous for web3 projects with high transaction volumes.
By integrating IOTA EVM into ChainPort's ecosystem, users gain access to a robust and scalable smart contract platform with feeless transactions. This integration expands the possibilities for dApps and enhances the overall web3 ecosystem's interoperability and utility.
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