Since the launch of 2.0, Creditcoin has recorded over 3M real-world loan transactions worth over $ 70M.
I am proud of what we’ve achieved, but even more so, excited for what’s still to come.
Today, I’m excited to share with all of you my proposal for Creditcoin 3.0
Creditcoin 3.0 (CC3) will be the world’s first multi-chain smart contract platform, connecting various blockchains on a single EVM-compatible chain. In other words, CC3 will be the Universal Smart Contract layer tying together #Web3. What does that mean?
EVM Compatibility - By turning Creditcoin into a fully EVM-compatible Layer 1 Blockchain, anyone can program new applications, protocols, and more directly on the CC3 blockchain. This will turn Creditcoin from a ledger designed solely to record transactions into one where complex transactions are originated and settled across multiple chains.
Universal Oracle - Creditcoin already has a built-in oracle, aggregating transaction information across multiple chains. CC3 will expand on this, vastly increasing the range of available data and providing Creditcoin developers with native access to multi-chain information streams and cross-chain transactions to help build and deploy multi-chain contracts.
Multi-chain Contract Coordination - Multi-chain contract harmonization is almost impossible in today’s ecosystem. By combining EVM compatibility with our built-in universal generic oracle, CC3 can coordinate, interact and update smart contracts across multiple chains, enabling the harmonization of multi-chain smart contracts, which will help us enable all sorts of new multi-chain applications.
Interested in the novel use cases CC3 unlocks? Read the full proposal for Creditcoin 3.0