The team at EOS Network Foundation has made an exciting announcement regarding the release of the EOS EVM Main Network.
This blockchain serves as an intermediary platform that enables users to execute smart contracts based on Ethereum using the EOS technology.
The creators of the EOS EVM have assured that Solidity developers who have previously written Ethereum code can now deploy their smart contracts on EOS.
Moreover, the EOS EVM is currently one of the fastest blockchains on the market, capable of achieving a staggering 800 exchanges per second.
This speed is 25 times faster than Avax and three times faster than Solana. The creators of EOS have advised all Solidity developers to consider using this groundbreaking technology.
According to the team at EOS, developers of popular Ethereum-based applications often face scalability issues.
Even solutions based on the second level are not always able to meet their requirements. With EOS being one of the fastest blockchains available, supporting EVM-compatible smart contracts could potentially solve these problems.
The CEO of EOS Network Foundation, Yves La Rose, declared that the creation of the EOS EVM is a crucial milestone on the company’s journey to creating a multi-chain future.
As Ethereum continues to dominate the market for running smart contracts, many projects are striving to integrate support for EVM. Even Ripple, a leading American company, has been testing an EVM-compatible blockchain.
With the launch of the EOS EVM Main Network, Solidity developers have access to a high-speed, reliable, and efficient platform to execute smart contracts.