Today I will introduce to you a project with a lot of potential but few people fomo.

That is project #Swisstronik

So what is Swisstronik? What problem does it solve in web3?

This article helps you understand it better!

What is Swisstronik?

Swisstronik is a layer 1 solution built on top of the Cosmos SDK. It aims to combine the benefits of the Ethereum Virtual Machine (EVM) with the underlying infrastructure provided by the Cosmos SDK. This integration allows Swisstronik to provide compatibility with Ethereum while still providing additional features such as private EVM execution using Intel SGX.
Why choose Cosmos SDK?

The Cosmos SDK serves as the foundation for Swisstronik, providing essential components for the blockchain's consensus and networking layers.

Scalability: The Cosmos SDK allows developers to optimize specific components of blockchain applications, allowing for efficient handling of growing transaction volumes without compromising performance or security.

Interoperability: With the Cosmos SDK, developers can integrate functions and smart contracts across interconnected blockchains using Inter-Blockchain Communication (IBC), enabling collaboration and expanding capabilities for decentralized applications. This feature will be implemented in Testnet 2.0.

Security: The Cosmos SDK incorporates the field-tested Tendermint consensus algorithm, ensuring that transactions and data on the Swisstronik blockchain are validated by a network of trusted validators.

EVM Module

Swisstronik incorporates EVM-Module as the application layer, allowing developers to leverage the Ethereum Virtual Machine and seamlessly use the same tools available in the Ethereum ecosystem such as Hardhat , Solidity , EthersJS , Web3.js...

This compatibility ensures that you can write smart contracts and develop decentralized applications on Swisstronik using the tools and languages ​​you are familiar with from Ethereum. It also makes it easy to migrate existing Ethereum smart contracts to the Swisstronik blockchain, promoting code reusability and streamlining the development process.
In the following article, I will share more to help you understand more about Swisstronik compared to Ethereum and the compatibility of Swisstronik with Ethereum. Follow me to update the latest news!
#SWTR#Layer1#CosmosSDK#blockchain#Web3#DeFi#TradFi