Delaware, USA, August twenty eighth, 2024, Chainwire
Creditcoin, the foundational L1 blockchain, introduced the launch of its EVM-compatible mainnet, marking an enchancment to reinforce world monetary inclusion by way of blockchain expertise. This launch advances Creditcoin’s core mission and introduces CreditWallet, a brand new cell pockets app designed to optimize person engagement with the Creditcoin ecosystem.
The EVM compatibility improve marks a notable growth, 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 with cross-chain operations. The introduction of the Common Sensible Contract (USC) layer will additional streamline these processes by enabling direct, safe interactions throughout numerous blockchains with out the necessity for bridging.
Central to the replace is CreditWallet, a brand new cell app remodeling 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 totally different ecosystems. The app’s user-friendly interface, non-custodial possession, and enhanced safety features assist to make sure a seamless and safe expertise for customers, each new and outdated.
Current Creditcoin Traditional customers will see their token balances transferred primarily based 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 way of the up to date dashboard. For technical integration, customers are inspired to evaluation Creditcoin’s resources, together with RPC info and steering on including Creditcoin EVM to MetaMask.
About Creditcoin
Creditcoin is a foundational L1 blockchain designed to match and file credit score transactions, making a public ledger of credit score historical past and mortgage efficiency and paving the way in which for a brand new technology of interoperable cross-chain credit score markets. By working with expertise companions, fintech lenders akin to Aella, and different monetary establishments throughout world rising markets, Creditcoin is securing capital financing, constructing credit score historical past and facilitating belief for thousands and thousands of underserved monetary clients and companies primarily based on the rules of RWA.
Director of Advertising and marketing
Alan Kong
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