Huobi Carnival: IoT Chain Announces All Ethereum DApps can now be Completely Moved to IoT Chain
IoT Chain co-founder Lyu Xinhao delivered a keynote speech today at the Huobi Carnival event in South Korea in which he announced that all Ethereum DApps can now be completely moved to IoT Chain.
Xinhao shared the event’s stage with leading blockchain entrepreneurs including Bitmain founder Jihan Wu, FBG Capital Partner Richard Liu, LinkVC founder Jiapeng Lin, #Hashed CEO Simon Seojoon and GBIC Partner Sinhae Lee.
The IoT Chain team provided a review of the project’s key developments and achievements over the past year, including the achievement of the basic blockchain structure of DAG, the PBFT consensus algorithm and that IoT Chain has been supported Ethereum Virtual Machine (EVM). The team believes this means that all Ethereum DApps can now be completely moved to IoT Chain.
The Huobi Carnival is a two-day interactive event, involving over 100 blockchain projects, blockchain entrepreneurs, and attended by the Chairman of South Korea’s Blockchain Committee, members of the National Assembly of the Republic of Korea and the general public. IoT Chain is joining more than 25 blockchain projects in hosting a project booth where attendees experience an interactive paradise for digital token users.
The Huobi Carnival continues until 3rd August 2018.
All technical details will be released on IoT Chain’s official Github soon. All are welcome to download the code and to take part in the technological exchange of ideas.
Telegram: https://t.me/IoTChain
Reddit:https://www.reddit.com/r/iotchain/
Twitter: https://twitter.com/IoT_Chain
Facebook: https://www.facebook.com/IoTChain/
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Thank you
I appreciate this project. I hope ITC will be booming up in the future. Good luck and keep on innovates.
yeah, they are truly working to make that possible and i feel they will succeed
I share same believe hard work pays.
The timing of this announcement is a good one, it puts IoTchain is a whole new level. Hopefully we will see new partnership.
Great news; so this means an Eth contract can work on IoT
this will push IoTChain to the limelight
I am honestly curious on how it this will work; I mean if the same smart contracts can run on IoTChain we will be looking at the erc20 contracts also running on iotchain!
He couldn't have picked a better place and time to make this announcement. It's a good one for all ITC project enthusiasts.
Yep, pretty brave statement and just in time. But I still cannot understand what exactly they mean saying this. Maybe they are telling about the bandwidth of ITC network or something else?
Fantastic work guys, hopefully we'll start to see some make the switch over.
MASSIVE announcement this puts IoT Chain on a whole new level!
Yes, the news just created a lot of attention, i love the creative aspect of this project, never knew they will be coming out with such concept
I wonder how much effort would be required in migrating a DApp from Ethereum to IoT Chain? I'm sure the positives of moving to a secure lite OS outweigh the level of work that's needed but it would be interesting to find out.
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They seem to be everywhere, which is good in the promotion of the project, it gets people talking about ITC and what they stand to correct in the IoT industry