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IOTA launches beta smart contracts; argues it’s not an ‘Ethereum killer’
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ambcrypto.comIOTA, a smart contracts platform redesigning the distributed ledger technology, has released the beta version of the network’s new smart contracts solution.
With the launch, the Internet of Things (IoT) protocol has made a move towards Web3, along with adding new utility of decentralized applications (dApps).
Interestingly, the move now supports interoperability of IOTA Smart Contracts with Ethereum Virtual Machine (EVM) and any smart contract written in Solidity. This opens additional utilities for NFT marketplaces, decentralized finance (DeFi), and decentralized exchanges (DEX).
For example, IOTA’s Tangle-based NFT Marketplace will allow minting of NFTs without transaction fees. On the back of the NFT craze, IOTA will compete with offerings
Read more on ambcrypto.comAbout this in other media
Civic launches free tool to combat NFT-hungry bots on Solana cointelegraph.com /2 years ago
After a 17,500% rally in 2021, does the 'Ethereum Killer' have more steam left? economictimes.indiatimes.com /2 years ago
IOTA all set to make its mark with these major updates ambcrypto.com /2 years ago
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