Zeeve Adds Support for Coreum Blockchain

Now developers can launch DeFi applications and protocols for businesses of any size and also get access to blazing fast APIs in minutes, using the enterprise-grade blockchain – Coreum. Also, gain access to fastest APIs, and conveniently construct applications on the Coreum blockchain.

We are excited to add support for Coreum– a Bonded Proof-of-stake (BPoS) public blockchain with a clear focus on security, user participation, and governance on the Zeeve platform. Zeeve helps web3 developers and enterprises connect with blockchains using the most reliable and secure web3 infrastructure platform. Now you can deploy reliable Coreum nodes, both developer and validator nodes, and get secure API endpoints to connect blazingly fast with Coreum.

Fast, inexpensive, and environmentally friendly are some of the terms that best describe Coreum. Given the fact that Coreum uses a Bonded Proof of Stake (BPoS) consensus method, it is not subject to the criticism leveled at other blockchains for their high energy costs. Additionally, Coreum’s scalability and throughput guarantee that the network’s functioning won’t result in the astronomical fees that impede other blockchains.

Coreum is the first EGB

Coreum has developed a revolutionary new type of blockchain network that is specifically designed to meet the needs of businesses of all sizes. This new standard, known as Enterprise Graded Blockchains (EGB), provides companies with the infrastructure and resources they need to create and maintain decentralized applications. Coreum’s EGB networks are designed to provide enhanced security, scalability, interoperability, efficiency, and compliance with legal requirements as specified by ISO20022.

One of the most crucial elements of a Proof-of-Stake blockchain is staking. By staking their CORE tokens and earning incentives, it keeps the network secure while generating a passive income for validators and delegators.

Staking is, in fact, the foundation of any proof-of-stake consensus. When a shareholder locks their tokens and receives voting power in return, they can then utilize that power to vote on each block, which secures a proof-of-stake network. Since the security of the network directly affects the value of the stakeholders’ assets, it is assumed that it is advantageous for all parties involved.

The Coreum network support is now available on Zeeve, an industry leader in military-grade secure node operation and shared APIs with excellent uptime and performance. By utilizing Coreum’s capabilities on Zeeve, web3 developers can run their decentralized apps more efficiently than ever before.

What makes Coreum so special?

Some of the key features of Coreum are listed below:

Smart contracts

A Smart Contract is an executable piece of code that runs on top of the blockchain to facilitate, execute and enforce an agreement between parties without the involvement of a trusted third party.

Coreum provides Smart Contracts functionality.

Coreum uses WebAssembly (WASM) as the Smart Contracts engine. Many of the drawbacks of previous Smart Contract engines, such as the Ethereum Virtual Machine, such as security holes, data scalability issues, and the requirement for integration with Solidity, the language used to write Smart Contracts, are addressed with WASM. Other programming languages including C/C++, JavaScript/Typescript, Rust, Kotlin, and Go can also use WASM in addition to its notable characteristics like portability, efficiency, and turing completeness.

Smart tokens

Except native token $CORE, Coreum Network also provides ability to create custom tokens with next features:

• Issuance (Minting)
• Access Control List (ACL)
• Burning
• Freezing and Global Freezing
• Whitelisting
• Blacklisting
• Burn Rate
• Send Fee
• IBC (Inter Blockchain Communication) compatibility
• Smart Contract integration

On the Coreum chain, smart tokens are natively issued tokens that are wrapped around smart contracts. They are made to be lightweight, flexible, and extendable with a high degree of customizability.

Fee Model

Coreum’s Fee Model introduces few novel ideas into the Cosmos Ecosystem, which makes the chain more resilient to load pikes and also makes it simpler to interact with the chain.

In terms of the majority of transaction types, gas is deterministic. For instance, if you want to transfer tokens, you already know how much gas you’ll need without even touching the network.

The load on the system affects how much gas costs. Based on the Fee Model’s specifications, this module determines the chain’s minimal gas price requirement.

Decentralized Exchange (DEX)

Any issued asset found on Coreum as well as the trading of $CORE are supported by the DEX.

The DEX, which is built directly into the blockchain, enables low-fee, safe, and quick trading.

Additionally, any user can trade assets by selecting any trading pair.

Bridges

Bridges or Cross-chain crypto bridges are applications that enable the transfer of assets between different blockchains.

Coreum has a Decentralized Bridge, which is provided by IBC, and Centralized Bridge, which is handled by Coreum.

Check Coreum’s Roadmap for Bridge release date.

Coreum on Zeeve:

Get the most out of Zeeve’s enterprise-grade web3 infrastructure management platform to make your web development on the Coreum network smoother and more seamless. Find out all that Zeeve has to offer for Coreum deployment:

1.     Coreum Managed nodes or Bring Your Own Cloud:

Deploy the Coreum network with the help of Zeeve. Deploy either a fully managed Coreum node service or bring your own cloud and use Zeeve for deployment, monitoring, and management. We support all major cloud providers.

2.     Secure RPC endpoints:

Use the Zeeve proprietary architecture to gain access to secure connections on the Coreum Chain using military-grade security features.

3.     Developer Friendly:

Zeeve’s Coreum node-managed service is highly optimized for performance and availability. The platform supports both TestNet and MainNet deployments, full nodes, and Validator nodes.  You are ensured about the health of your Coreum nodes using our user-friendly monitoring dashboards and proactive alerts & notifications.

4.     Enterprise-grade uptime:

The Zeeve Coreum node service is a must-have for any developer looking for a platform with a powerful on-chain governance model that allows the blockchain to implement changes automatically without a hard fork. With our high availability, reliability & performance you can focus more time developing your application instead of worrying about server uptime or speed!

5.     Ready plugins

Work with flexible APIs, powerful tools, and a ready set of libraries available to set up with your  secure Coreum node via a simple control panel.

6.     Monitoring

Monitoring ensures that your network remains safe and secure. We provide monitoring for Coreum nodes in the chain, so you always know what’s going on with them!

Building the web3 infrastructure for a decentralized future

Need more information on Coreum? Want to learn more on how we can help? Connect with us today and see how Zeeve can simplify your Coreum node deployment experience.

Kickstart your web3 journey with Zeeve:

Zeeve supports the deployment and management of nodes and services for the leading Blockchain protocols like Ethereum, Polygon, BNB Chain, Avalanche, Fantom, Tron, Bitcoin, AXIA, Kusama …..more in progress.

Zeeve provides ready-to-plug services like decentralized storage, decentralized identity, oracles, IoT as a service, etc. for building your dApps faster.

Zeeve provides both managed cloud and bring-your-own cloud options to choose from. With granular configurations, you can design your deployment architecture as per the need of your dApps.

24/7 support and proactive monitoring ensure the health of nodes all the time. We work smart so that you don’t need to worry about your web3 infrastructure.

About Zeeve

Zeeve is the leading Blockchain Infrastructure Automation Platform helping enterprises and Blockchain startups build, deploy and manage reliable web3 infrastructure.

Zeeve is a low code web3 DevOps automation platform that is cloud agnostic and supports multiple Blockchain protocols with advanced analytics and monitoring of nodes and networks.

Zeeve features a powerful set of APIs to build DApps for a plethora of use cases across industries including asset tokenization, NFTs, DEX, Stablecoins, etc. Zeeve supports Decentralized Finance (DeFi) space with decentralized storage, trusted nodes, and smart contracts.