Dymension and Evmos Core Teams launch first IBC-Enabled EVM Rollup
Dymension is a blockchain startup building a network of easily deployable modular blockchains called RollApps.
Dymension has partnered with Evmos Core Teams and Celestia.
The three have launched the world’s first-ever IBC-enabled EVM rollup on testnet.
Dymension has announced its collaboration with Celestia and Evmos Core Teams to launch the world’s first-ever IBC-enabled EVM rollup on testnet.
Dymension has built-in rollups technology for scalability and it is creating an ecosystem of easily deployable and lighting-fast RollApps that any developer can use to build and deploy in order to scale their decentralized applications.
IBC-enabled EVM rollup
The IBC-enabled EVM RollApp will be deployed within Dymension’s initial testing ground “35-C”, as part of its long-term plan to establish and bootstrap a new ecosystem of IBC-enabled rollups. The deployment was made possible through close collaboration with the Evmos Core Development Team, as the RollApp uses Ethermint, an implementation of the Ethereum Virtual Machine that’s built on top of Dymension’s RollApp.
Commenting about the new RollApp, Dymension Lab’s CEO and Co-Founder, Yishay Harel, said:
“Excited to have worked closely with the Evmos team to achieve this milestone. With the world’s first IBC-enabled EVM rollup now deployed on testnet, we’re one step closer to bringing scalable and interoperable blockchain solutions to the wider community. This is just the beginning of our journey, and we’re looking forward to continuing to push the boundaries of what’s possible with EVM-based technology.”
The new EVM RollApp utilizes the EVMOS token as its gas token and updates its state to the Dymension Hub and posts data to Celestia’s “Mocha” testnet.
In addition, the new RollApp will feature a Uniswap V2 fork and a bespoke frontend, as part of a proof-of-concept to demonstrate how anyone can deploy their own RollApp and host EVM dApps. Developers will be able to fork any EVM-based dApp and deploy it on the RollApp using Dymension’s technology.
In addition, since Dymension’s RollApp is IBC-enabled it can natively connect to the Cosmos ecosystem of the IBC blockchain.
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