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  • Tanglechains is an easy-to-use- platform for IOTA developers to build new projects within the Shimmer ecosystem.
  • It also makes it very easy for developers to create decentralized applications that are more secure, faster, and more easily accessible than ever before.

As the IOTA Shimmer ecosystem continues to evolve further, more and more projects are looking to be a part of the same. Tanglechains is one such directory of smart contract chains and EVM on the Shimmer Network as well as the IOTA mainnet.

Operated by SPYCE.5, Tanglechains basically serves as a hub of information on smart contract chains. Besides, it also offers details about the RPC endpoints, one-click wallet connect facility as well as other key information.

Tanglechains is basically an easy-to-use- platform for IOTA developers to build new projects within the Shimmer ecosystem. Additionally, it also allows them to collaborate with other developers on shimmer.

Shimmer is the Layer-1 staging network of the IOTA blockchain which functions as a testbed for new innovation taking place in the ecosystem. What makes the Shimmer Network special is its key attributes such as delivering high performance and being a scalable DAG-based ledger. Since the Shimmer Network is highly scalable, it can handle multiple transactions in parallel.

During its announcement last month, SPYCE.5 described Tanglechains as:

Tanglechains.org serves as a hub for information on smart contract chains, offering details on their RPC endpoints, one-click wallet connect and other key information. It is fully open source and we invite and encourage developers from the ecosystem and the community to enhance the platform with their own ideas, utility and functionality.

TangleChains and ShimmerEVM

Just as Shimmer announced the launch of ShimmerEVM testnet last month, Tanglechian was quick enough to support its integration. Via Tanglechains, users can connect their Shimmer wallets to the network.

Over the past year, various blockchain ecosystems have experienced multiple hacks, which caused the loss of several hundred million dollars due to faulty bridge implementation.

In order to address this issue, the IOTA team created the Shimmer network. It enables bridgeless asset transfers and composability, eliminating the need for untrusted relays and bridges. With Tanglechains, each chain can natively exchange tokens and digital assets with other chains on the Shimmer network.

This makes it very easy for developers to create decentralized applications that are more secure, faster, and more easily accessible than ever before. Finding chain partners, interacting with them natively, and creating a seamless customer experience will become effortless with Tanglechains.org.

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This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.

Bhushan is a FinTech enthusiast and possesses a strong aptitude for understanding financial markets. His interest in economics and finance has drawn his attention to the emerging Blockchain Technology and Cryptocurrency markets. He holds a Bachelor of Technology in Electrical, Electronics, and Communications Engineering. He is continually engaged in a learning process, keeping himself motivated by sharing his acquired knowledge. In his free time, he enjoys reading thriller fiction novels and occasionally explores his culinary skills. Business Email: info@crypto-news-flash.com Phone: +49 160 92211628

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