Creditcoin Launches EVM-Compatible Mainnet and Introduces CreditWallet App

Delaware – Creditcoin, a pioneering Layer 1 blockchain, has formally launched its EVM-compatible mainnet, marking a significant step ahead in its mission to increase international monetary inclusion via progressive blockchain know-how. Along with this improve, Creditcoin additionally unveiled the CreditWallet app, a strong new software designed to enhance consumer interplay throughout the Creditcoin ecosystem.

—

The introduction of EVM compatibility on the Creditcoin community is a big leap ahead. This improve permits builders to effortlessly migrate their present dApps and sensible contracts to Creditcoin, facilitating cross-chain interactions.

By decreasing the complexity and prices historically related to cross-chain operations, Creditcoin is paving the way in which for a extra interconnected blockchain ecosystem. The brand new Common Sensible Contract (USC) layer will additional streamline cross-chain interactions, enabling direct and safe connections between totally different blockchains with out the necessity for bridging.

Introducing CreditWallet: your gateway to seamless asset administration

On the coronary heart of this replace is CreditWallet, a cellular app that redefines how customers handle their digital belongings. CreditWallet simplifies cross-network transfers between Creditcoin’s EVM and Substrate chains, offering a seamless expertise for transferring belongings and interacting with dApps throughout ecosystems.

With its intuitive interface, non-custodial possession and strong safety features, CreditWallet is poised to turn into an indispensable software for each new and seasoned customers.

Transition to the brand new major community

Current Creditcoin Basic customers could have their token balances transferred to the brand new mainnet primarily based on a snapshot taken on August 21, 2024. Customers might want to reconfigure their roles as nominators and validators on the brand new community, whereas additionally exploring new staking choices which might be accessible are by way of the brand new community. up to date dashboard.

For these trying to combine technically, Creditcoin gives intensive assets together with RPC data and step-by-step steerage on including Creditcoin EVM to MetaMask.

—

About Creditcoin

Creditcoin is a foundational Layer 1 blockchain designed to match and file credit score transactions, making a public ledger of credit score historical past and mortgage efficiency. This paves the way in which for a brand new era of interoperable cross-chain credit score markets.

By working with know-how companions, fintech lenders like Aella and monetary establishments within the international rising markets, Creditcoin secures capital financing, builds credit score historical past and promotes belief for hundreds of thousands of underserved monetary clients and companies, all primarily based on the rules of Actual-World Belongings (RWA).