IOTA Celebrates Shimmer’s Major Milestone and SPYCE5 Teams up with Industry Giant Servrox to Transform IoT
Crypto News

IOTA Celebrates Shimmer’s Major Milestone and SPYCE5 Teams up with Industry Giant Servrox to Transform IoT

4m
1 year ago

Shimmer has reached 1 million daily transactions and its #ShimmerEVM Testnet is operating smoothly. Shimmer encourages participation in the #TreasuresofShimmer program to help strengthen the network. Shimmer Reaches 1 Million Daily Transactions and Operates Smoothly Shimmer, a bl...

IOTA Celebrates Shimmer’s Major Milestone and SPYCE5 Teams up with Industry Giant Servrox to Transform IoT

Índice

    • Shimmer has reached 1 million daily transactions and its #ShimmerEVM Testnet is operating smoothly.
    • Shimmer encourages participation in the #TreasuresofShimmer program to help strengthen the network.

Shimmer Reaches 1 Million Daily Transactions and Operates Smoothly

Shimmer, a blockchain platform, recently announced that it has achieved a significant milestone of 1 million daily transactions. This is a testament to the platform’s scalability and highlights its ability to handle high transaction volumes. The #ShimmerEVM Testnet, which is a version of the Ethereum Virtual Machine (EVM), is also running smoothly thanks to improvements made by Shimmer’s DevOps team.

The platform also launched a program called #TreasuresofShimmer, which encourages participation in the Shimmer network to help strengthen it. By participating in this program, users can earn rewards and contribute to the development of the network. Shimmer believes that community involvement is essential to building a robust blockchain ecosystem.
Shimmer Partners with SPYCE_5 to Provide Necessary Infrastructure and Consultation Shimmer recently announced a partnership with SPYCE_5, a technology infrastructure provider. The partnership aims to help organizations and projects building on top of Iota and Shimmer by providing the necessary infrastructure and consultation. This collaboration is expected to bring significant benefits to both Shimmer and SPYCE_5, as it will allow them to combine their expertise to build a more robust ecosystem.

Shimmer Continues to Make Progress on L1

In addition to the above updates, Shimmer also shared details about its progress on L1, the first layer of its blockchain technology. The platform reported that a PR (pull request) is being built on top of two unmerged ledger-PRs. The PR uses the previous implementation and connects all open ends to create a working protocol.

Additionally, the Shimmer team is working to make the test suite less error-prone. They also recently merged a new PR that aims to “Fix rootblock and eviction index.”
Furthermore, Shimmer reported that there are still some code changes happening outside of the usual PR progress. However, these changes are getting less frequent, indicating that the node is getting into a state where actual software change management is useful. Shimmer is continuing to make progress on L1 and is committed to building a more robust and efficient blockchain ecosystem.
0 people liked this article

Related Articles

Metaverse
Klaytn Governance Council Welcomes NFT Metaverse Platform Another World, Expands Its Gaming Ecosy...
NFT Metaverse platform Another World joins Klaytn governance council to boost the platform’s gaming ecosystem with lucrative offerings.
1 year ago
3m
Crypto News
Bitcoin Price Analysis: 28309 Target Tested - 11 May 2023
BTC/USD Tests 28309 Target:  Sally Ho’s Technical Analysis – 11 May 2023 Bitcoin (BTC/USD) encountered additional volatility early in the Asian session as the pair moved back above...
1 year ago
2m
Crypto News
Push to Launch American CBDC Will Drive Feverish Interest In Bitcoin, Says MicroStrategy’s Michae...
Michael Saylor, co-founder, and executive chairman of MicroStrategy, discusses the prospective introduction of a Central Bank Digital Currency (CBDC) in the United States. Saylor believes in a new ...
1 year ago
4m
Crypto News
Script Network (SCPT) or Pepe (PEPE): Which One Will Deliver Higher ROI in 2023? Don’t Miss Out o...
With the rising difficulties to pick the reliable and secure Cryptocurrency, the pressure to find the highest ROI has become a major headache. With so much pressure, most companies have faltered ba...
1 year ago
5m
Crypto News
US CPI Announcement Today, Bitcoin Flat in Anticipation (Market Watch)
Bitcoin SV and KAVA are the two top performers from the top 100 digital assets today.
1 year ago
3m
Crypto News
Binance Prepares NFT Marketplace Support For Bitcoin Ordinals
Binance has announced plans to support Bitcoin Ordinals inscriptions on its NFT marketplace later this month. This move marks Binance's entry into the rapidly growing Bitcoin-based parallel NFT mar...
1 year ago
5m