Trust Wallet is a mobile wallet that supports a wide range of blockchain platforms and allows users to store, manage, and interact with their digital assets. Trust Wallet also includes a feature called the Custom EVM Network, which allows users to create their own Ethereum Virtual Machine (EVM) network and deploy their own smart contracts and decentralized applications (DApps).
The Ethereum Virtual Machine (EVM) is a decentralized virtual machine that executes smart contracts on the Ethereum blockchain. It is a runtime environment for smart contracts in Ethereum, and it enables them to run on different blockchain platforms.
The Custom EVM Network feature in Trust Wallet allows users to create their own EVM network and deploy their own smart contracts and DApps on it. This can be useful for developers who want to test their contracts and DApps before deploying them to the main Ethereum network.
Here is an illustration of how the Custom EVM Network feature works in Trust Wallet:
A user creates a Custom EVM Network in Trust Wallet and sets it up with the desired configurations.
The user writes and deploys a smart contract or DApp to the Custom EVM Network.
The smart contract or DApp is executed on the Custom EVM Network, and the user can interact with it through Trust Wallet.
When the user is satisfied with the results of their contract or DApp on the Custom EVM Network, they can choose to deploy it to the main Ethereum network.
How Good is it to the Holders and Users
The Custom EVM Network feature in Trust Wallet can be beneficial in several ways.
First to the Holders:
It allows holders to interact with and use Ethereum-based DApps and smart contracts without having to interact with the main Ethereum network. This can be useful if the main network is congested or if the user wants to avoid paying transaction fees.
It can provide holders with the opportunity to test and evaluate new Ethereum-based DApps and smart contracts before they are deployed to the main network. This can help holders make informed decisions about which DApps and contracts to use or support.
It can provide holders with a secure and decentralized environment to interact with their digital assets and use Ethereum-based DApps and smart contracts.
And then to the Users:
It allows users to easily create and deploy their own Ethereum-based smart contracts and DApps in a secure and decentralized environment. This can be useful for developers who want to test and evaluate their contracts and DApps before deploying them to the main Ethereum network.
It provides users with the ability to interact with and use Ethereum-based DApps and smart contracts without having to interact with the main Ethereum network. This can be useful if the main network is congested or if the user wants to avoid paying transaction fees.
It can provide users with a convenient and secure way to manage and interact with their digital assets, including Ethereum-based tokens and other digital assets that are supported by the Custom EVM Network.
