Theta extending development compatibility with Ethereum with a new RPC API suite, Web3 tools, Metamask integration and more
Theta Mainnet 3.0 is launching in less than 2 weeks, and much of the community’s focus is on the introduction of Elite Edge Nodes and TFuel staking and burning. These are critical components to expand the Edge Network’s global coverage for decentralized data delivery and improve Theta cryptoeconomics, but it’s also important to ensure Theta is well-placed in the broader crypto ecosystem. To do that developers must see Theta as a viable blockchain to create new Dapps and integrations for, and since the largest crypto developer community by far is that of Ethereum, the way to accomplish this is compatibility with Ethereum development environments and tools.
Over the last few years we saw many new blockchains branded as “Ethereum-killers”, smart contract platforms that could displace Ethereum with their superior technology and feature sets. That narrative has started to fall away as competitors failed to gain traction, and the Ethereum development community proved to be a stronger factor than simply whoever had the fastest blockchain. At Theta they’ve always viewed Ethereum as a positive force in the crypto space rather than a rival to disrupt, and that’s why from the start they’ve focused on Ethereum interoperability, including the EVM-compatible smart contract environment Theta added in December of 2020.
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