IRISnet has completed the IRISHUB 2.0 main network upgrade and is compatible with EVM

On April 17th, it was reported that the Cosmos ecological cross chain hub IRISnet had completed the IRISHUB 2.0 main network upgrade around 15:00 Beijing time today. The upgrade includes integrating EVM and introducing a new fee token ERIS.

IRISnet has completed the IRISHUB 2.0 main network upgrade and is compatible with EVM

I. Introduction
A. Brief overview of Cosmos ecological cross chain hub IRISnet
II. IRISnet Upgrade 2.0
A. Integration of EVM
B. Introduction of a new fee token ERIS
III. Benefits of the Upgrade
A. Improved Security
B. Better Transaction Speed and Efficiency
C. More Accessible to Developers
IV. Impact on the Cryptocurrency Market
V. Future Prospects for IRISnet
VI. Conclusion
A. Summary of Key Points
# Table 2: Article
# Cosmos Ecological Cross Chain Hub IRISnet Completes Main Network Upgrade
On April 17th, it was reported that the Cosmos ecological cross chain hub IRISnet had completed the IRISHUB 2.0 main network upgrade around 15:00 Beijing time today. The upgrade includes integrating EVM and introducing a new fee token ERIS.

Introduction

IRISnet is a next-generation blockchain technology that has been developed with an aim to provide users with a faster, more scalable and reliable blockchain network. The blockchain was launched in March 2019 and has since gained immense popularity in the blockchain space.

IRISnet Upgrade 2.0

IRISnet Upgrade 2.0 was a major upgrade to the IRISnet blockchain network that comes with several new features aimed at making the platform more secure and scalable, and easier for developers to build and deploy applications. One of the primary upgrades is the integration of EVM (Ethereum Virtual Machine), which means that developers can use similar coding languages to develop smart contracts on both the Ethereum blockchain and IRISnet.
Another significant upgrade is the introduction of a new fee token ERIS. ERIS is a native token that can be used to pay for transaction fees, dApp usage fees, and developer software fees on the IRISnet platform.

Benefits of the Upgrade

The IRISnet Upgrade 2.0 comes with several new benefits that will enhance the user experience and security of the platform.
**Improved Security:** With the integration of EVM, the IRISnet blockchain is now more secure and resistant to hacking attempts. The EVM is a proven technology that has been audited and tested over the years, making it one of the most reliable blockchain technologies in the world.
**Better Transaction Speed and Efficiency:** The integration of EVM also means that transactions on IRISnet are faster and more efficient, reducing transaction times and costs for users.
**More Accessible to Developers:** The introduction of the new fee token ERIS makes the IRISnet platform more accessible to developers. The introduction of this new token will help to lower the barrier to entry for developers who want to build and deploy applications on the platform.

Impact on the Cryptocurrency Market

The IRISnet Upgrade 2.0 is expected to have a significant impact on the cryptocurrency market. The integration of EVM and the introduction of a new fee token could potentially attract a large number of developers to the platform, leading to increased adoption and usage of the IRISnet blockchain.
The introduction of ERIS could also have a positive impact on the value of the IRIS token. ERIS will be used to pay for transaction fees, developer software fees, and dApp usage fees on the platform, making it an essential token for anyone looking to use the IRISnet ecosystem.

Future Prospects for IRISnet

The IRISnet Upgrade 2.0 is a significant milestone for the IRISnet blockchain. The integration of EVM and the introduction of a new fee token will help to attract more developers to the platform, leading to increased adoption and usage.
With its innovative features, IRISnet is well-positioned to compete against some of the leading blockchain networks in the world. As the technology continues to evolve, and more people start to use it, the future looks bright for IRISnet.

Conclusion

In conclusion, the IRISnet Upgrade 2.0 is a major milestone for the IRISnet blockchain. The integration of EVM and the introduction of a new fee token ERIS will help to improve the security and scalability of the platform, making it more accessible to developers, and boosting its adoption and usage.

FAQs

1. What is the IRISnet blockchain?
The IRISnet blockchain is a next-generation blockchain technology that provides users with a faster, more scalable, and reliable blockchain network.
2. What are the benefits of the IRISnet Upgrade 2.0?
The IRISnet Upgrade 2.0 comes with several benefits that include improved security, better transaction speed and efficiency, and more accessibility to developers.
3. How will the IRISnet Upgrade 2.0 impact the cryptocurrency market?
The IRISnet Upgrade 2.0 is expected to have a significant impact on the cryptocurrency market by attracting more developers to the platform and increasing the adoption and usage of the IRISnet ecosystem.