EOS EVM to allow interoperability across Ethereum, EOS
EOS Network Foundation CEO Yves La Rose said that this new development represents the firm's commitment to building a multi-chain future.
The EOS Network Foundation (ENF) has announced the beta launch of the EOS EVM mainnet, which aims to improve interoperability between two blockchain ecosystems, Ethereum and EOS.
EOS EVM emulates the Ethereum Virtual Machine (EVM) and allows for the deployment of decentralized applications (DApps) written in Solidity, the programming language used by the vast majority of web3 developers.
Launching April 14th: The next generation of EVMs is almost here.
— Yves La Rose (@BigBeardSamurai) April 10, 2023
At 800+ swaps per second, $EOS EVM is BY FAR the most performant EVM, benchmarked at 25x faster than Avax and 3x faster than Solana.
If you’re a Solidity dev or interested in EVM's, this thread is for you:
pic.twitter.com/McL4616nPa
The ENF team said that Ethereum's scalability issues create challenges for mass-scale DApp deployment. The launch of EOS EVM aims to bridge this gap. The team is planning to do this by combining the resources of the Ethereum community with the performance of the EOS Network offers.
Yves La Rose, the founder and CEO of the EOS Network Foundation, said that this was a very important milestone for the network and paves the way for an interoperable future. “EOS EVM is a significant milestone and represents our commitment to a multi-chain future,” La Rose explained.
La Rose also said that this allows developers to have access to lower fees and faster transactions of the EOS network offers.
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