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Delaware, USA, August twenty eighth, 2024, Chainwire
Creditcoin, the foundational L1 blockchain, introduced the launch of its EVM-compatible mainnet, marking an enchancment to boost world monetary inclusion by blockchain expertise. This launch advances Creditcoin’s core mission and introduces CreditWallet, a brand new cell pockets app designed to optimize consumer engagement with the Creditcoin ecosystem.
The EVM compatibility improve marks a notable improvement, permitting builders to simply migrate their current dApps and good contracts to the Creditcoin community. This integration facilitates seamless multi-chain interactions and reduces the complexities and prices historically related to cross-chain operations. The introduction of the Common Good Contract (USC) layer will additional streamline these processes by enabling direct, safe interactions throughout varied blockchains with out the necessity for bridging.
Central to the replace is CreditWallet, a brand new cell app reworking how customers handle their digital property. CreditWallet simplifies cross-network transfers between Creditcoin’s EVM and Substrate chains, making it simpler for customers to maneuver property and work together with dApps throughout completely different ecosystems. The app’s user-friendly interface, non-custodial possession, and enhanced security measures assist to make sure a seamless and safe expertise for customers, each new and previous.
Present Creditcoin Basic customers will see their token balances transferred based mostly on a snapshot taken on August 21, 2024. They might want to reconfigure their roles as nominators and validators on the brand new mainnet, whereas additionally exploring new staking alternatives by the up to date dashboard. For technical integration, customers are inspired to evaluation Creditcoin’s sources, together with RPC (NYSE:) info and steering on including Creditcoin EVM to MetaMask.
About Creditcoin
Creditcoin is a foundational L1 blockchain designed to match and document credit score transactions, making a public ledger of credit score historical past and mortgage efficiency and paving the best way for a brand new era of interoperable cross-chain credit score markets. By working with expertise companions, fintech lenders resembling Aella, and different monetary establishments throughout world rising markets, Creditcoin is securing capital financing, constructing credit score historical past and facilitating belief for hundreds of thousands of underserved monetary clients and companies based mostly on the ideas of RWA.
ContactDirector of Advertising and marketingAlan Kongalan.kong@gluwa.com
This text was initially revealed on Chainwire