DeNet integrates Syscoin NEVM network
DeNet is thrilled to announce partnership with Syscoin and integration of Syscoin NEVM (Network-Enhanced Virtual Machine) network into the DeNet ecosystem! Syscoin NEVM will appear on DeNet Desk as a next blockchain network, opening a new space for dApps to master and develop on, on the one hand, and providing users with a bundle of Syscoin built dApps on the other hand.
The DeNet multichain ecosystem deploys the Open Economy 3.0 concept. Its purpose is to create highly transparent relations between all the digital economy participants, eliminating intermediaries, high commissions and additional expenses. Expanding the ecosystem on Syscoin network will bring DeNet users the convenience of using dApps, running on Syscoin. Developers of those applications will benefit with a new low fees market and secure decentralized storage.
We are enthusiastic to add Syscoin NEVM to DeNet Desk, creating a convenient entry point for users. Now all existing and future dApps on the Syscoin network will be available in one application — DeNet. Adding Syscoin NEVM is equivalent to entering a new market, increasing data uploading volume of the decentralized storage network. Developers of existing apps in the DeNet ecosystem win the opportunity to scale on the NEVM network and receive the benefit of new users.
— DeNet Team
Syscoin is a Proof-of-Work blockchain, merged-mined with Bitcoin. Running in tandem with an Ethereum Virtual Machine (EVM) layer called NEVM (Network-Enhanced Virtual Machine), Syscoin blockchain provides smart contract functionality. Syscoin NEVM combines the best of Bitcoin and Ethereum in a single coordinated modular platform: it is cost-effective, secure, highly scalable and decentralized in its core as well.
We at Syscoin are happy to make our NEVM available on the DeNet Desk, which will provide a convenient new entry point into the Syscoin ecosystem. By creating this new market for dApps powered by Syscoin, we are not only creating a new audience in DeNet’s user base, but also granting ours an option for secure data storage alongside the low fees and reliable network they are accustomed to. We anticipate working more closely together going forward and expanding our Web3 ecosystems.
-Michiel, Syscoin Foundation Vice President
As a next step, DeNet will consider running DeNet Storage, DeNet NFT Storage and new ones developed by DeNet in future on Syscoin as they potentially can run on any EVM.
About Syscoin
Syscoin is a decentralized and open-source project founded in 2014 whose NEVM blockchain combines the best of Bitcoin and Ethereum in a single coordinated modular platform.
Syscoin is ushering in the next step in the evolution of blockchain technology, providing Bitcoin’s proven security and Ethereum’s Turing-complete programmability elevated to true scalability via ZK-Rollups and other Layer 2 technologies.
Syscoin.org | Discord | Telegram | News | Github | YouTube | Facebook | Twitter | Instagram
About DeNet
DeNet is the truly decentralized storage based ecosystem. We have been developing solutions for a Web 3.0 world since 2017, creating a secure and profitable alternative to the traditional cloud services.
Currently users can access more than 30 ecosystem dApps; mint, store and stake NFTs in DeNet NFT; save any data in decentralized and user-friendly DeNet Storage; take part in Bug Bounty and Referral Programs. More functionality is coming soon!
