Skip to content
  • Home
  • World News
  • Business
  • Aviation
195 news

195News

All the news that's fit to print

  • Home
  • World News
  • Business
  • Aviation
  • Toggle search form
  • Hardware, Putin’s Wunderwaffles: Pt2. Laser Peresvet (Latynina.tv)
    Hardware, Putin’s Wunderwaffles: Pt2. Laser Peresvet (Latynina.tv) World News
  • Plumbing Pros DMV Creates Extensive Blog Offering Invaluable Plumbing Tips and Tricks for Homeowners and Businesses
    Plumbing Pros DMV Creates Extensive Blog Offering Invaluable Plumbing Tips and Tricks for Homeowners and Businesses Business
  • War Day 330: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #Feygin
    War Day 330: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #Feygin World News
  • Papera by Yingfei Zhuo Wins Iron A’ Design Award in Sustainable Products, Projects and Green Design Category
    Papera by Yingfei Zhuo Wins Iron A’ Design Award in Sustainable Products, Projects and Green Design Category World News
  • Ben Affleck and Matt Damon Make a Splash on Gossip Stone TV
    Ben Affleck and Matt Damon Make a Splash on Gossip Stone TV Tech
  • War in Ukraine, Analytics. Day 750 (part1): Second Cuban Missile Crisis is Unfolding.
    War in Ukraine, Analytics. Day 750 (part1): Second Cuban Missile Crisis is Unfolding. World News
  • Forthea Named PPC Agency of the Year
    Forthea Named PPC Agency of the Year Business
  • Aleksandr Nevzorov – Killshot – 2022/06/12 @NevzorovTV
    Aleksandr Nevzorov – Killshot – 2022/06/12 @NevzorovTV World News
Elevating Connectivity with CVM and ICP in Blockchain V1

Elevating Connectivity with CVM and ICP in Blockchain V1

Posted on February 2, 2024 By NewsEditor

Elevating Connectivity with CVM and ICP in Blockchain V1

CreataChain – Interchain Integration with CVM and ICP

SINGAPORE, SINGAPORE, January 20, 2024 /EINPresswire.com/ — Jennifer Kim, CEO and Founder of CreataChain, has unveiled the latest innovation in blockchain technology: the CVM Chain ICP – Interchain Transfer Version 1, as the interchain concept has emerged as a guiding vision in blockchain community, seeking to seamlessly connect and integrate independent blockchains.

According to the announcement, the transformative synergy between the Creata Virtual Machine (CVM) and the InterCom Protocol (ICP) not only conceptualizes but actively facilitates the realization of interchain transfers. She said, “It surely enhances the existing interchain infrastructure and sets the stage for a decentralized future characterized by unparalleled interoperability and seamless communication across diverse blockchain networks.”

Here, CVM (Creata Virtual Machine) has a framework similar to EVM, follows the CIP framework, and has a unique consensus mechanism that is compatible with Ethereum’s ERC standards. This CIP, like ERM’s ERC, stands for the Creata Improvement Proposal. It supports EVM and the EVM version is called CVM.

CVM Chain ICP – Interchain Transfer Version 1 is a pivotal development that extends its transformative influence beyond the confines of CVM and into the broader blockchain ecosystem. Moreover, the unique capability to integrate the ICP model through the Software Development Kit (SDK) into any platform further solidifies this advancement, opening doors to a decentralized future where the barriers between disparate blockchain networks are transcended.

The interchain stands as a network of independent blockchains, united by the ICP. This protocol serves as the linchpin, enabling secure and efficient value transfers, token exchanges, and communication between diverse chains. A pivotal characteristic of the interchain is its ability to facilitate these interactions without intermediaries, preserving the autonomy of each participating chain. Within the interchain, digital assets span both fungible and non-fungible tokens (NFTs). The ecosystem allows for the issuance of in-application tokens, providing a versatile foundation for settlements, customized token issuance, and dynamic management of inflation/deflation dynamics.

The Creata Virtual Machine (CVM) stands out as a mature and reliable smart contract platform that prioritizes security, performance, and interoperability. Designed as an open-source framework, CVM facilitates the execution of secure and efficient smart contracts while offering developers a flexible environment for building and deploying these contracts with ease.

One of the key strengths of CVM lies in its integration with the Intercom Protocol (ICP), a powerful communication protocol that enables data sharing and interaction between blockchains. This integration transforms CVM into an interoperable platform capable of seamlessly communicating with other chains, as well as with established blockchains like Ethereum, bitcoin etc. through the ICP protocol.

According to CreataChain, CVM’s integration with ICP unlocks a realm of possibilities for interchain transfers. Version 1 signifies a significant milestone in the ability of the Creata network to interact with both CVM and non-CVM chains on testnets and mainnets.

The ICP protocol acts as a bridge, allowing decentralized applications (dApps) built on CVM to access assets and functionality from various blockchains. Whether it’s interacting with other Creata chains or connecting with Ethereum, CVM facilitates seamless communication through the ICP protocol, creating a decentralized ecosystem that transcends individual blockchains.

5 key features can be found in this CVM Chain ICP – Interchain Transfer Version 1.

First, CVM Chain ICP opens up avenues for the development of cross-chain applications, enabling developers to build decentralized systems that span multiple blockchains within the Creata network.

Second, CVM, built on the Creata SDK, is designed to be fast and scalable. With the ability to process thousands of transactions per second, CVM is well-suited for high-frequency trading and other demanding applications.

Third, CVM’s modular design ensures flexibility and security. Developers can leverage mature tools for smart contract development, benefiting from close integration with the Creata SDK and ecosystem, all within a secure architecture designed to mitigate potential attack vectors.

Fourth, seamlessly integrated with the ICP protocol, CVM Chain ICP enables interchain transfers, allowing decentralized applications built on CVM to access assets and functionality from various blockchains.

Fifth, CVM is seamlessly integrated into the Creata SDK, allowing it to be written as a module. This integration enhances the flexibility for developers and accelerates smart contract development by leveraging the capabilities of both CVM and ICP.

Creata Chain’s CEO Jennifer Kim’s announcement marks a pivotal moment for blockchain technology. The CVM Chain ICP – Interchain Transfer Version 1 is not just a leap forward for CreataChain but a giant stride for the blockchain community worldwide. CreataChain’s CEO Jennifer Kim said with confidence, “As the blockchain industry continues to evolve, the synergy between CVM and ICP paves the way for innovative and interconnected decentralized systems.”

This innovation can be a critical step for the continued advancement of blockchain industry, and it is noteworthy how CreataChain’s technology will affect the construction of decentralized systems in the future.

For more information, visit https://creatachain.com.

Brenda Cho
Creata Chain
[email protected]
Visit us on social media:
Facebook
Twitter
LinkedIn
YouTube
Other

You just read:

News Provided By

January 20, 2024, 14:39 GMT


EIN Presswire’s priority is source transparency. We do not allow opaque clients, and our editors try to be careful about weeding out false and misleading content.
As a user, if you see something we have missed, please do bring it to our attention. Your help is welcome. EIN Presswire, Everyone’s Internet News Presswire™,
tries to define some of the boundaries that are reasonable in today’s world. Please see our
Editorial Guidelines
for more information.



Article originally published on www.einpresswire.com as Elevating Connectivity with CVM and ICP in Blockchain V1

Business

Post navigation

Previous Post: War Day 530: Will Ukraine be Pressured to Negotiate
Next Post: Automotive Brake Pads Market Size, Share, Revenue, Trends And Drivers For 2024-2033

Related Posts

  • Copia Automation’s DeviceLink™ Simplifies Backup and Change Detection for Industrial Automation Devices
    Copia Automation’s DeviceLink™ Simplifies Backup and Change Detection for Industrial Automation Devices Business
  • General Michael Flynn Endorses Gerrick Wilkins for Congress in Alabama’s 6th Congressional District
    General Michael Flynn Endorses Gerrick Wilkins for Congress in Alabama’s 6th Congressional District Business
  • Silicon Fertilizers Market Value Projected to Expand by 2025
    Silicon Fertilizers Market Value Projected to Expand by 2025 Business
  • Mia Labs Integrates With Tekion to Bring Seamless Connectivity To The Automotive Ecosystem
    Mia Labs Integrates With Tekion to Bring Seamless Connectivity To The Automotive Ecosystem Business
  • Newswire’s Media Advantage Platform Powers Chief Marketing Officers’ Return on Media and Marketing Communications Spend
    Newswire’s Media Advantage Platform Powers Chief Marketing Officers’ Return on Media and Marketing Communications Spend Business
  • Women’s History Month: Advancing Women’s Economic Empowerment at Home and Abroad
    Women’s History Month: Advancing Women’s Economic Empowerment at Home and Abroad Business
June 2025
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
30  
« May    
last celebrity gossip
Gossip Stone - celebrity life and gossip

Recent Posts

  • Terradepth awarded 5-year contract in global offshore energyJune 4, 2025
  • Artem Mirolevich and Dmitry Trekhsvyatsky Launch Bold New ExhibitionJune 4, 2025
  • Global Data Systems Appoints Doug Pickle as President, Driving Strategic GrowthJune 4, 2025
  • Smith Earns ISO/IEC 17025 AS6171 Accreditation at Its Global Operational HubsJune 3, 2025
  • Trends, Growth, and Insights Through 2034June 3, 2025
Brand Values Content
VUGA Enterprises - media network PR & Marketing
  • The Growth Of The ATV And UTV Market To Grow With Global Surge In Awareness About Reducing Greenhouse Gas Emissions
    The Growth Of The ATV And UTV Market To Grow With Global Surge In Awareness About Reducing Greenhouse Gas Emissions World News
  • Koios Announces Late Filing of Annual Financial Statements and Management Cease Trade Order
    Koios Announces Late Filing of Annual Financial Statements and Management Cease Trade Order Business
  • Apostle Leina’ala Mars-Opoku Receives Biden’s Gold Lifetime Achievement Award
    Apostle Leina’ala Mars-Opoku Receives Biden’s Gold Lifetime Achievement Award World News
  • FAA Gives Kids Opportunity to Design Airports
    FAA Gives Kids Opportunity to Design Airports Aviation
  • Introducing the Team Rethinking Zero Waste at Impact Recycling Partners
    Introducing the Team Rethinking Zero Waste at Impact Recycling Partners Business
  • FAA Proposes Rule to Enhance Safety and Performance of Light Sport Aircraft
    FAA Proposes Rule to Enhance Safety and Performance of Light Sport Aircraft Aviation
  • U.S. to Sanction Sinaloa Cartel Network of Fentanyl Suppliers Contributing to the U.S. Opioid Crisis
    U.S. to Sanction Sinaloa Cartel Network of Fentanyl Suppliers Contributing to the U.S. Opioid Crisis World News
  • War in Ukraine, Analytics. Day 838 (part2): What Are the Components of a Possible Defeat?
    War in Ukraine, Analytics. Day 838 (part2): What Are the Components of a Possible Defeat? World News
aerospace company
stem cell clinic in kiev
medical spa in miami
Fashion TV free

Copyright © 2023 195 News. All Rights Reserved by Coolaser | Partner of VUGA Enterprises |  Advertising: Get Published

Powered by .