The Findora developer network has successfully realized the full compatibility and cross-chain function of EVM, officially entering the DeFi ecosystem
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2021-09-23 10:59
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The successful compatibility of EVM is a milestone in Findora's development towards introducing privacy protection properties into EVM smart contracts through zero-knowledge proofs of open source cryptography libraries, multi-party computation and re

September 22, 2021 - Discreet Labs, one of the developers behind Findora, a blockchain public chain with programmable privacy properties, announced that,Developers can now deploy smart contracts via the Ethereum Virtual Machine (EVM) on the Findora Developer Network (Devnet).image description

Developers can now use the Ethereum Virtual Machine to write smart contracts on Findora's developer network Devnet, marking Findora's important cross-chain compatibility.

"Findora's compatibility with EVM is not onlyIt indicates that Findora officially enters the DeFi market, and through a trustless cross-chain bridgeLong-term commitment to Layer 1 cross-chain interoperability with other ecosystems,"Warren Paul Anderson, vice president of product at Discreet Labs, which is developing Findora, said."As institutions continue to build and expand their DeFi strategies, we anticipate growing demand for making smart contracts more private using zero-knowledge proofs, as this protects user privacy and critical competitive information."Findora EVM compatibility means developers can use Findora to:

  • Deploy Ethereum precompiled smart contracts using Solidity

  • Build and deploy DApps using Ethereum tools like Truffle

  • Build trustless bridges with Ethereum and ERC-20 compatible networks

  • Issue and trade with ERC-20 compatible tokens

The Findora Developer Network is a public staging network running the latest and upcoming beta releases for developers to test before deploying to the Findora Anvil Testnet and Findora Mainnet Beta.

The current Devnet version has also successfully implemented Findora's FRA native token compatible with EVM and ERC-20 standards, which means that FRA can be used in MetaMask to participate in DApps and decentralized exchanges in the growing Ethereum DeFi ecosystem (DEX).

The next important milestone for Findora will be to introduce a privacy protection mechanism for EVM smart contracts by using Findora’s open-source zero-knowledge proof, multi-party computation, and encryption libraries for related privacy systems, which will be a major advancement for the entire encryption industry. Findora will also take the leadLeading the industry into the era of PriFi (Privacy Finance).

Discreet Labs invites developers to start building DeFi projects on Findora Devnet and contribute to various open source repositories on GitHub. Developers can also apply for a Grant through the official website of the Findora Foundation and receive funding. If you are a developer interested in Findora, then please read the documentation and join the Discord channel for more information.

Findora Foundation official website:

https://www.findora.foundation/grants/

GitHub:https://github.com/FindoraNetwork/

Developer Documentation:https://wiki.findora.org

Discord channel: https://discord.gg/uKQeJ9YPFR

About Discreet Labs

About Findora

About Findora

Founded in 2017, Findora is an open, programmable privacy public chain, owned and democratically guaranteed by global organizations and economic incentives in a decentralized manner. Using Findora, developers can create and use digital assets, applications and smart contracts, while these digital assets, applications and smart contracts can store information using advanced encryption technology. Findora is a market leader in zero-knowledge proof and multi-party computing technology, with strong distributed system engineering capabilities.

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