There Foundation of the EOS network announced the launch of the beta version of EOS EVM on the mainnet, an initiative to improve interoperability between Ethereum and EOS blockchain ecosystems. EOS EVM emulates the Ethereum Virtual Machine (EVM) and enables the deployment of decentralized applications (dApps) written in Solidity, the predominant programming language used by web3 developers.
Major News for $EOS
After over a year of dedicated work by contributors across the ecosystem, #EOS EVM Mainnet Beta is finally live
Full Announcement https://t.co/ayYqn7V0oo
EVM Web Portal
https://t.co/6EHGzEh1b8 pic.twitter.com/W7Rq2jdDZd
— EOS Network Foundation (@EOSnFoundation) April 14, 2023
EOS Foundation Celebrates Network EVM Compatibility
ENF recognizes that Ethereum’s scalability issues pose challenges for deploying Ethereum dApps in large scale. In order to fill this gap, the launch ofEOS EVM aims to merge the resources of the Ethereum community with the performance capabilities of the EOS network. Yves LaRoseFounder and CEO of Foundation of the EOS networkhighlighted the importance of this step in achieving an interoperable future, saying:
EOS EVM is a milestone and represents our commitment to a multi-channel future.
Yves LaRose
The Rose also highlighted the benefits for developers, including access to lower fees and faster transactions offered by the EOS network.
With the network Ethereum who expects increased adoption following the recent upgrade of shapella, projects prioritized implementing EVM compatibility within their networks. On April 3, Astar Network launched smart contracts supporting two virtual machines: EVM and the WebAssembly VirtualMachine. Sota Watanabefounder of Astar Network, explained that this would enable the creation of new multi-chain applications within their network.
Moreover, the beta version of Polygon’s zkEVMa scaling solution in the form of rollup zero-knowledge, was released on March 27. This technology replicates the transaction execution environment of the Ethereum mainnet, allowing dApps to grow with better performance, according to Polygon.
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