Shimmer is a feeless, parallelized DAG ledger and was created to be a scalable multi-chain network to build, connect, and secure sovereign blockchains, applications, and ecosystems. With its extended UTXO-based DAG ledger and unique tokenization features, Shimmer is built to offer frictionless interoperability and composability, while enabling full customizability and flexibility.
Shimmer’s tokenization features are unique in the crypto space. Anyone can mint and manage native tokens and NFTs as first-class citizens on the base layer with zero fees.
NFTs on Shimmer can act as wallets, able to own other NFTs or native assets. These unique features even extend to L2 smart contract chains being able to own and control L1 assets, which enables fully automated and feeless minting, melting, burning and cross-chain transfers, unleashing new levels of utility in crypto. Dive deeper here.
The extended UTXO model of Shimmer enables more complex output types that allow novel transaction features and atomic operations.With Shimmer’s customizable time-bound UTXO features, a new era of value transaction has dawned, enabling a set of new and frictionless marketplace operations without the need for costly customized smart contracts. Read more here.
When security doesn’t cost a dime! Immutable data and value transactions are feeless on the Shimmer network. Even minting tokens or NFTs only requires a fully refundable deposit, enabling any form of data, hashes of external data, real objects, ownership or identities to be immortalised, and real world assets to be securely represented through custom, transferable tokens.
The upcoming release of the ShimmerEVM marks the first major milestone to transform Shimmer into a truly scalable, composable and interoperable multi-chain network with unmatched characteristics in the DLT space.
The upcoming EVM chain upgrade aims to enable smart contract chains to have access to the state changes of all other anchored chains, turning the feeless Shimmer DAG architecture into the ultimate, universal bridging infrastructure. This infrastructure enables the highest order of composability in smart contracts across completely different types of smart contract chains.
Shimmer is the infrastructure layer connecting everything as an all-encompassing universal bridge. All transfers on and via Shimmer are feeless and all chains anchored to the network will be able to utilize it as the ultimate safe and feeless bridge for all cross-chain transactions.L2 bridges are a thing of the past. Shimmer provides the basis for transfer and trade, without limits and without risk.
Shimmer is the staging network of IOTA. With an identical DAG architecture at heart, Shimmer grants early access to cutting-edge developments which are battle-tested live with real value at stake. Release candidates that withstand the test of time in the Shimmer network are matured to the status of stable release and ported to the IOTA mainnet.
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