IOTA

Shimmer

Million

Giant

Daily

<ul>
<li style="list-style-type: none;">
<ul>
<li><strong>Shimmer has reached 1 million daily transactions and its #ShimmerEVM Testnet is operating smoothly.</strong></li>
<li><strong>Shimmer encourages participation in the #TreasuresofShimmer program to help strengthen the network.</strong></li>
</ul>
</li>
</ul>
<hr />
<h2 id="shimmer-reaches-1-million-daily-transactions-and-operates-smoothly">Shimmer Reaches 1 Million Daily Transactions and Operates Smoothly</h2>
<p>Shimmer, a blockchain platform, recently <a href="https://www.ethnews.com/iota-and-dell-team-up-to-revolutionize-cybersecurity-and-data-protection-with-project-alvarium/">announced</a> that it has achieved a significant milestone of 1 million daily transactions. This is a testament to the platform&#8217;s scalability and highlights its ability to handle high transaction volumes. The #ShimmerEVM Testnet, which is a version of the Ethereum Virtual Machine (EVM), <a href="https://www.ethnews.com/iotas-shimmer-network-booms-with-millions-of-transactions-development-team-puts-pedal-to-the-metal-to-expand-ecosystem/">is also running</a> smoothly thanks to improvements made by Shimmer&#8217;s DevOps team.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
<p lang="en" dir="ltr">Yar<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f99c.png" alt="🦜" class="wp-smiley" style="height: 1em; max-height: 1em;" />! We reached 1 Million daily transactions &amp; our <a href="https://twitter.com/hashtag/ShimmerEVM?src=hash&amp;ref_src=twsrc%5Etfw">#ShimmerEVM</a> Testnet is sailing smoothly thanks to improvements made by our DevOps Team. It&#39;s YOUR participation in the <a href="https://twitter.com/hashtag/TreasuresofShimmer?src=hash&amp;ref_src=twsrc%5Etfw">#TreasuresofShimmer</a> that helps strengthen the network. Try it <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f3f4-200d-2620-fe0f.png" alt="🏴‍☠️" class="wp-smiley" style="height: 1em; max-height: 1em;" /><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/2b07.png" alt="⬇" class="wp-smiley" style="height: 1em; max-height: 1em;" /><a href="https://t.co/BFGXehLXmD">https://t.co/BFGXehLXmD</a><a href="https://twitter.com/hashtag/test2conquer?src=hash&amp;ref_src=twsrc%5Etfw">#test2conquer</a> <a href="https://t.co/QxaY8ly3He">pic.twitter.com/QxaY8ly3He</a></p>
<p>&mdash; Shimmer (@shimmernet) <a href="https://twitter.com/shimmernet/status/1655834923943559169?ref_src=twsrc%5Etfw">May 9, 2023</a></p></blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>The platform also <a href="https://www.ethnews.com/iota-treasures-of-shimmer-airdrop-kicks-off-with-1-3m-smr-prize-pool-22k-daily-active-addresses-on-shimmer-network/">launched</a> 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.</p>
<p>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 <a href="https://www.ethnews.com/treasures-of-shimmer-iota-powered-testnet-campaign-offers-chance-to-earn-up-to-1-8-million-smr-tokens/">aims to help</a> 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.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
<p lang="en" dir="ltr">RT <a href="https://twitter.com/servrox?ref_src=twsrc%5Etfw">@servrox</a>: We&#39;re happy to officially announce our partnership with <a href="https://twitter.com/SPYCE_5?ref_src=twsrc%5Etfw">@SPYCE_5</a> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f973.png" alt="🥳" class="wp-smiley" style="height: 1em; max-height: 1em;" /><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;" /><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;" /></p>
<p>We look forward to help organizations and projects building on top of <a href="https://twitter.com/hashtag/iota?src=hash&amp;ref_src=twsrc%5Etfw">#iota</a> and <a href="https://twitter.com/hashtag/Shimmer?src=hash&amp;ref_src=twsrc%5Etfw">#Shimmer</a> by providing the necessary infrastructure and consultation. <a href="https://t.co/1ik2Hpr3V0">pic.twitter.com/1ik2Hpr3V0</a></p>
<p>&mdash; IOTA News (@iotatokennews) <a href="https://twitter.com/iotatokennews/status/1655936130481790980?ref_src=twsrc%5Etfw">May 9, 2023</a></p></blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2 id="shimmer-continues-to-make-progress-on-l1">Shimmer Continues to Make Progress on L1</h2>
<p>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 <a href="https://www.ethnews.com/with-massive-yield-farming-feature-upgrade-in-ecosystem-iota-enters-the-billion-dollar-defi-market/">being built</a> on top of two unmerged ledger-PRs. The PR uses the previous implementation and connects all open ends to create a working protocol.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
<p lang="en" dir="ltr">GM <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f305.png" alt="🌅" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <a href="https://twitter.com/hashtag/IOTA?src=hash&amp;ref_src=twsrc%5Etfw">#IOTA</a> FAM <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f916.png" alt="🤖" class="wp-smiley" style="height: 1em; max-height: 1em;" /><br />i hope you are participating in the &quot;Treasures of <a href="https://twitter.com/hashtag/Shimmer?src=hash&amp;ref_src=twsrc%5Etfw">#Shimmer</a>&quot; Campaign and enjoy to finally use the ISC and the whole IOTA technolgy stack. This months all eyes are on EVM!</p>
<p>2&#x20e3; &#8211; 1&#x20e3;1&#x20e3; <a href="https://t.co/n7H8yUqjAO">pic.twitter.com/n7H8yUqjAO</a></p>
<p>&mdash; ID.iota (@id_iota) <a href="https://twitter.com/id_iota/status/1655679947988701185?ref_src=twsrc%5Etfw">May 8, 2023</a></p></blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Additionally, the Shimmer team<a href="https://www.ethnews.com/iota-reaches-massive-milestone-tangleswap-goes-live-with-defi-launch-trading-competition-and-rewards-galore/"> is working to make</a> the test suite less error-prone. They also recently merged a new PR that aims to &#8220;Fix rootblock and eviction index.&#8221;</p>
<p>Furthermore, Shimmer <a href="https://www.ethnews.com/partnership-between-iota-and-the-eu-results-in-a-joint-position-paper-outlining-the-future-of-smart-contracts-digital-identity-and-supply-chain-management/">reported</a> 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 <a href="https://www.ethnews.com/iota-shifts-focus-from-mvp-to-iota-core-adding-mainnet-functionality-to-goshimmer-consensus/">is committed to building</a> a more robust and efficient blockchain ecosystem.</p>
<div class="cryptoboxes" id="mcw-12336" data-realtime="on"><div class="mcw-chart mcw-chart-light" data-font = "inherit" data-chartcoin = "MIOTA" data-chartcurrency = "USD" data-chartrate = "1.000268" data-charttype = "chart" data-chartview = "day" data-charttheme = "light" data-chartsmooth = "true" data-chartareacolor = "" data-chartbgcolor = ""></div></div>
<p>The post <a rel="nofollow" href="https://www.ethnews.com/iota-celebrates-shimmers-major-milestone-and-spyce5-teams-up-with-industry-giant-servrox-to-transform-iot/">IOTA Celebrates Shimmer&#8217;s Major Milestone and SPYCE5 Teams up with Industry Giant Servrox to Transform IoT</a> appeared first on <a rel="nofollow" href="https://www.ethnews.com">ETHNews: Bringing you the news of everything blockchain, Ethereum, and the internet.</a>.</p>

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

Table of Contents

ETHNews

Other articles published on May 10, 2023

Ripple’s (XRP) Price is Sailing in the Green?

Ape in altcoins but fall into a honeypot. What you should pay attention to in the meme season?

US Congress Holds First Joint Committee Hearing on Crypto Legislation

President Joe Biden Critiques “Wealthy Crypto Investors” on Twitter

Introducing the Gateway of Destiny Event!

PEPE/USDT Technical Analysis: Is It Time to Buy or Sell?

Join our free newsletter for daily crypto updates!