EOS EVM Enables Interoperability Across Ethereum, EOS
The EOS Network Foundation (ENF) has announced its intention to promote interoperability between Ethereum and EOS by announcing the beta launch of the EVM EOS mainnet. This move was made in response to a request made by the EOS community.
Solidity is the programming language used by most web3 developers, and EOS EVM is an emulation of the Ethereum Virtual Machine (EVM). It enables the deployment of decentralized applications (DApps) written in Solidity.
According to the ENF team, the difficulties caused by Ethereum’s scalability make it difficult to build DApps at scale. The introduction of the EOS EVM is intended to fill this void. The Group intends to achieve this goal by combining the capabilities of the Ethereum community resources and what the EOS Network can provide in terms of performance.
According to Yves La Rose, creator and CEO of the EOS Network Foundation, this is a very significant achievement for the network and pave the way for an interoperable future. “EOS EVM is an important milestone and represents our commitment to a multi-chain future,” emphasized La Rose.
Additionally, according to La Rose, it allows developers to take advantage of the reduced transaction fees and increased speed provided by the EOS network.
Following the recent upgrade to Shapella, the Ethereum network is anticipating increased usage. As a result, projects prioritize implementing EVM compatibility within their network. EVM and WebAssembly Instances are among the virtual machines supported by the smart contract that Astar Network released on April 3.
According to Sota Watanabe, creator of Astar Network, this will enable their network to support the development of new multichain applications.
Meanwhile, on March 27th, the beta version of zkEVM Polygon, a solution for zero-knowledge rollup scaling, became available to the public. This technology is designed to simulate the environment in which transactions are executed on the Ethereum mainnet. Polygon asserts that this will allow decentralized applications to scale while maintaining or increasing performance.