Artificial Intelligence | News | Insights | AiThority
[bsfp-cryptocurrency style=”widget-18″ align=”marquee” columns=”6″ coins=”selected” coins-count=”6″ coins-selected=”BTC,ETH,XRP,LTC,EOS,ADA,XLM,NEO,LTC,EOS,XEM,DASH,USDT,BNB,QTUM,XVG,ONT,ZEC,STEEM” currency=”USD” title=”Cryptocurrency Widget” show_title=”0″ icon=”” scheme=”light” bs-show-desktop=”1″ bs-show-tablet=”1″ bs-show-phone=”1″ custom-css-class=”” custom-id=”” css=”.vc_custom_1523079266073{margin-bottom: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”]

XPLA Moves to Enhance User Experience and Interoperability with EVM Upgrade and Axelar Partnership

XPLA, a next generation of Web3 mainnet developed with gamers at the core of its design, announced that they will be implementing the Ethereum Virtual Machine (EVM) into their network, proposed, and approved through a governance vote. XPLA will also be increasing interoperability between connected networks through a new partnership with Axelar, a secure interchain communication network, to bring unparalleled interoperability to their gaming marketplace.

The upgrade to EVM will take advantage of the Ethereum web3.js and API to distribute contracts written in “Solidity”, the basic contract language for Ethereum. Users will be able to use $XPLA for EVM transaction fees, all verified via the XPLA Explorer. The upgrade was proposed and approved via a governance vote with a 100% favor rating and a 76% participation rate amongst validators based on results verified through the XPLA Explorer prior to the end of the voting period. The node upgrade took place between February 9, 2023.

Recommended AI: Stability AI Partners With Krikey AI to Launch AI Animation Tools

“Making XPLA easy and approachable for all of our users has always been a priority, giving choice to virtually any user on how to and interact with our platform and connected partners,” said Paul Kim, XPLA Leader. “By partnering with Axelar and leveraging the power of EVM, we enable our users to harness the power of Ethereum’s network while enabling our developers to draw from the full XPLA ecosystem and begin building truly limitless experiences for users. I am excited to open the door to true mass adoption of Web3 and this is only the start.”

Related Posts
1 of 40,606

The EVM upgrade will be supplemented with XPLA’s partnership with Axelar, allowing projects being built on XPLA to integrate digital assets from connected chains into Web3 gaming experiences without the traditional user experience roadblocks associated with cross-chain DApp development. XPLA developers can now take advantage of Axelar’s secure cross-chain communication and gain access to cross-chain bridges that enable DApp users to interact with virtually any asset, application, or blockchain with a single click.

The partnership will also add liquidity importing for XPLA users with a direct connection to Circle for Composable USDC. This feature is specifically designed to easily bridge native tokens from other blockchains including Ethereum and Polygon into XPLA, providing users with simple options for liquidity transfers into the ecosystem.

Recommended AI: Lion Announces It Will Explore ChatGPT Related AI & NLP Technologies To Empower Digital Program

[To share your insights with us, please write to sghosh@martechseries.com]

Comments are closed.