The EOS Network Foundation (ENF) has announced the beta launch of the EOS EVM Mainnet, a development that aims to improve interoperability between the Ethereum and EOS blockchain ecosystems.
This is expected to solve the scalability issues that Ethereum faces, which hinders mass-scale DApp deployment.
EOS EVM allows developers to deploy decentralized applications written in Solidity, the programming language used by most web3 developers. The EOS EVM Mainnet launch is expected to bridge the gap between the Ethereum community’s resources and the high performance of the EOS Network, resulting in a more interoperable future.
According to Yves La Rose, the founder, and CEO of the EOS Network Foundation, EOS EVM is a significant milestone that paves the way for a multi-chain future. Developers will have access to the lower fees and faster transactions that the EOS network offers, which is a significant benefit to the Ethereum network.
As Ethereum continues to expect more adoption after the recent Shapella upgrade, projects are prioritizing EVM compatibility within their networks.
On April 3, Astar Network launched smart contracts that support two virtual machines, including EVM and the WebAssembly Virtual Machine. This allows for the creation of new multichain applications within their network.
Emma Davis is a highly skilled and experienced crypto writer with a passion for all things blockchain and cryptocurrency. With years of experience writing about the latest trends, news, and innovations in the crypto world, Emma has established herself as one of the best crypto journalists.
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