Deploying IBC Supported Rollup on the 35-C Test Network with Dymension Network

On April 30th, it was announced that the Dymension Network, which aims to facilitate the deployment of modular Rollup networks, is deploying IBC supported Rollup on the 35-C test network. Developers can use the Rollup development kit compatible with EVM provided by Dymension Network to develop applications. The modular blockchain EVM RollApp will use EVMOS as the Gas token.

Dymension Network Deploys Rollup Supporting IBC on Test Network

Introduction

On April 30th, the Dymension Network made an announcement that they are deploying IBC supported Rollup on the 35-C test network. This technology will aid in the facilitation of the deployment of modular Rollup networks. With the implementation of this technology, developers will have the ability to leverage the Rollup development kit that is compatible with EVM, provided by Dymension Network to develop applications. The modular blockchain EVM RollApp will use EVMOS as the Gas token.

What is IBC supported Rollup?

The phrase “IBC supported Rollup” refers to the combination of two separate technologies. IBC stands for “Inter-Blockchain Communication,” which is a protocol developed by Cosmos. Rollup is a type of layer 2 scaling solution that can be used to enhance the throughput of a blockchain. By integrating IBC support with Rollup, developers will be able to harness their benefits, enabling them to build more complex and secure applications on top of their blockchain.

Dymension Network’s Role

Dymension Network is an organization that provides infrastructure-as-a-service solutions to companies. They specialize in building custom blockchain networks that are tailored to each client’s specific needs. With the deployment of IBC supported Rollup on the 35-C test network, Dymension Network aims to provide an efficient and scalable solution that developers can use to create complex applications.

Using the Rollup Development Kit

Developers who want to use the Rollup development kit provided by Dymension Network can do so by navigating to the Rollup development kit page on the Dymension Network website. The development kit is compatible with Ethereum virtual machine (EVM), which allows developers to deploy smart contracts written in Solidity, Here is the link to the Dymension Network’s Github repository, which provides detailed information regarding the development kit.

Modular Blockchain EVM RollApp

Modular blockchain EVM RollApp is a blockchain application that provides a modular infrastructure to scale EVM-based applications. The EVM RollApp is built by modularizing EVM components. This infrastructure enables developers to build and deploy smart contracts while offering scalability, speed, and security. Developers can leverage this infrastructure if they want to create EVM-based applications that require high levels of scalability.

EVMOS as the Gas Token

In EVM-based networks, Gas is an essential component. It’s a mechanism used to measure the computational effort required to execute smart contracts. EVMOS is a blockchain protocol that provides a stable environment for gas pricing. EVMOS will be used as the Gas token in the Modular blockchain EVM RollApp to enhance the efficiency of gas pricing, as well as to reduce the volatility in gas prices that are often observed in traditional EVM-based networks.

Conclusion

The deployment of IBC-supported Rollup on the 35-C test network by Dymension Network will provide developers with the tools they need to create complex applications that are efficient and scalable. By leveraging the Rollup development kit, developers can easily build smart contracts in the Solidity programming language. With the use of EVMOS as the Gas token, developers can also enjoy a stable environment for gas pricing, improving the performance of gas pricing in EVM-based networks. This deployment is an essential milestone towards improving blockchain technology and making it more accessible.

FAQs

Q1. What is the advantage of using Rollup networks?

Rollup networks offer a solution to the scalability problem faced by blockchain applications. They allow for more transactions to be processed per second by consolidating multiple transactions into a single transaction.

Q2. Why is Gas important?

Gas is an essential component of EVM-based networks. It’s a mechanism used to measure the computational effort required to execute smart contracts.

Q3. What is the purpose of IBC?

IBC stands for Inter-Blockchain Communication. It’s a protocol developed by Cosmos that enables different blockchains to communicate with one another. This protocol has numerous benefits, including the ability to build decentralized exchanges and creating cross-chain applications.