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- The Firefly Shimmer (v2.1.0) brings brand new features such as an NFT Gallery and governance support.
- Users will be able to mint L1 tokens, vote on the proposal based on their token holdings, create native NFTs, create Alias Outputs, and use deep links.
Firefly, the native cryptocurrency wallet of the IOTA cryptocurrency has recently arrived with new functionality which could be path-breaking for the entire IOTA ecosystem. The new Shimmer Firefly wallet brings a range of functionalities for users on IOTA.
The Firefly Shimmer (v2.1.0) brings brand new features such as an NFT Gallery and governance support. As a result, users will be able to trade, mint or burn their NFTs. Besides, the new wallet features also provide basic media support for the NFTs.
Additionally, the Firefly Shimmer (v2.1.0) wallet brings wide governance support. As per Github, it brings a governance tab, Voting Power Management, automatic proposal registration, registering proposals through deep links & manually, proposal filtering, sorting and searching, as well as governance activities.
Using the new Shimmer Firefly wallet, users will be now able to mint L1 tokens, vote on the proposal based on their token holdings, create native NFTs, create Alias Outputs, and use deep links.
With the new #Shimmer firefly wallet
you can mint native L1 token, vote on different proposals based on the amount of token you have, create native NFTs on L1, create Alias Outputs and use deeplinks…
So many possibilities… Great work @fireflywallet! https://t.co/mWE3D4oCb4 pic.twitter.com/514Lx6vqGg— IOTA Vrom 🦋✨️🐙💪🌊☠️🤖 soon (@Vrom14286662) February 16, 2023
This is a crucial development within the IOTA ecosystem and would ensure greater participation in the shimmer Network. As we know, the Shimmer Network is a Layer-1 staging network for the IOTA blockchain specifically designed to boost innovation in the IOTA ecosystem.
It serves as a test layer for developers to build new decentralized applications (dApps) before introducing them to the IOTA mainnet. Besides, the Shimmer Network offers support for NFTs, native tokens, as well as smart contracts. The native cryptocurrency of the Shimmer Network is $SMR.
ShimmerEVM and IOTA 2.0
The major developments scheduled this year within the IOTA ecosystem involve the launch of ShimmerEVM and IOTA 2.0. ShimmerNet’s lead contributor Dominik Schiener recently stated that ShimmerEVM is almost production ready and that his team is testing several UX improvements.
As per the current plans, the ShimmerEVM will come with multi-node support which makes it work very smoothly. Also, with the launch of ShimmerEVM testnet, developers will be able to deploy decentralized applications thereby boosting community participation. As per the current status, the launch of ShimmerEVM shall happen in the first quarter of 2023.
Over the last week, developers have been testing the GoShimmer testnet which is working absolutely flawlessly. Developers are making the GoShimmer network robust and resilient against extreme scenarios.
After the launch of ShimmerEVM, the IOTA will focus on the launch of the much-awaited IOTA 2.0. The second iteration of the IOTA network has been in the works for three years now. However, things seem to be coming on track once again. The IOTA 2.0 will come with a feeless architecture and would process several thousand transactions within seconds. IOTA 2.0 will ensure that the transfer of data and value between humans and machines remains secure.
