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EOS Launches Ethereum Virtual Machine for Solidity Developers

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EOS Network aims to accelerate its growth by taking advantage of the massive number of open source code libraries and tools already available in the Ethereum ecosystem.

Calgary, Alberta–(Newsfile Corp. – April 14, 2023) – The EOS Network Foundation (ENF), stewards and lead developers of the EOS Network, has announced the beta launch of the EOS EVM Mainnet, enabling interoperability between two of the world’s most prominent blockchain ecosystems.

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The EOS EVM is an emulation of the Ethereum Virtual Machine, deployed as a smart contract on the EOS blockchain. The EOS EVM runs decentralized applications written in Solidity, the native programming language of Ethereum. Solidity is used by the vast majority of web3 developers, and is supported by an extensive number of open-source code libraries, tools, resources, and tutorials. 

With the launch of EOS EVM, it bridges the best of both worlds, combining the accessible resources of the Ethereum community with the powerful performance of the EOS Network. In this way, EOS EVM is designed to complement Ethereum and aims to accelerate mass adoption of the EOS Network.

The EOS EVM is a major accomplishment, with its development spanning more than 12 months and contributions from across the EOS ecosystem. A new generation of web3 innovation will form as Solidity developers can now take advantage of EOS’s scalable network infrastructure and generous developer funding programs.

“Our goal is to create an interoperable future where the gaps between blockchains, developers and end users are bridged. EOS EVM does just that,” said Yves La Rose, Founder and CEO of the EOS Network Foundation. “EOS EVM is a significant milestone and represents our commitment to a multi-chain future.”

The launch of the EOS EVM mainnet beta coincides with a recent announcement of the EOS Network Ventures’ public commitment to invest $20 million in GameFi and EOS EVM projects to further the growth and adoption of EOS. These investments will add significant resources to the ecosystem’s already well funded grant programs.

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About EOS Network Foundation

The EOS Network Foundation (ENF) is a not-for-profit organization that coordinates financial and non-financial support to encourage the growth and development of the EOS Network. EOS is the native token of the EOS Network, which launched in 2018. The EOS Network provides a world-class, robust, smart contract functionality that enables developers to build the best-in-class decentralized applications (dApps) easily, facilitating the open web of the future and, in so doing, powering the Web3 economy. The ENF is the hub of the EOS Network, uniquely suited for NFT, GameFi, DeFi, and enterprise applications. The organization is committed to unlocking the full potential of the EOS blockchain to drive innovation, create new possibilities, and empower individuals and communities.

Media Contact:
Zack Gall, EOS Network Foundation
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/162389

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Blockchain

Climate Tech VC Cerulean Ventures to Hold Biodiversity Roundtable during UN Biodiversity COP 16, Cali, Colombia

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CfPA Announces 2024 Regulated Investment Crowdfunding Summit: a growing economic force powering American entrepreneurism and innovation

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ICI Bucharest and AGERPRES launched the project “Agerpres Daily News | Hold History”

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Today, October 21, 2024, at the Victoria Palace, the official launch of the “Agerpres Daily News | Hold History”, initiated by ICI Bucharest and the National Press Agency AGERPRES, with the support of the Ministry of Research, Innovation and Digitization. The event marked an important step in combating disinformation and promoting authentic journalism by integrating blockchain technology and non-fungible tokens (NFTs).

The project “Agerpres Daily News | Hold History’ aims to transform authentic and verified news into unique NFTs, giving consumers the opportunity to own a piece of the most relevant moments in daily news. These NFTs, available on the ICI D|Servicesplatform, each represent a ‘time capsule’, immortalizing significant moments in national and global current affairs. NFTs are released daily in limited editions and are accompanied by photos, article snippets or digital art.

The project includes a loyalty program for NFT collectors, who can access special rewards such as digital art pieces, exclusive content, or invitations to events organized by AGERPRES. An innovative feature, “NFT-to-Vote”, is also being explored, whereby NFT holders will be able to influence future news topics. This initiative marks a new way of interacting with news, where audiences can not only consume but own and actively participate in everyday history.

Bogdan Ivan, the Minister of Research, Innovation and Digitalization, emphasized in his speech the importance of this project: “In a world dominated by digital challenges, the use of blockchain to guarantee the authenticity and truthfulness of information is essential. The launch of is another crucial step in building a safe and well-informed digital ecosystem.”

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Adrian-Victor Vevera, the general director of ICI Bucharest, highlighted the added value of the project: “I believe that the young people present in this room are the future consumers of this program, a project that appeared as a continuation of the first collections of NFTs launched with Agerpres. We started with a necessity – validated news and ended up using blockchain technology to certify and validate the news. Other blockchain technology projects will be launched in November this year, so I invite you to stay tuned.”

Claudia-Victoria Nicolae, the general director of AGERPRES, drew attention to the importance of integrating the needs of the new generation: “It is time to adapt and innovate in order to reach young people with the quality information they need. “Agerpres Daily News | Hold History” is not only a step forward for journalism but a necessity in the digital age.”

The event was attended by students at the Faculty of Journalism and Communication Sciences of the University of Bucharest and students at the Romanian-American University, who appreciated the educational and informative potential of this initiative. The project is an essential tool in the fight against disinformation, giving citizens the opportunity to easily collect and verify authentic information.

The post ICI Bucharest and AGERPRES launched the project “Agerpres Daily News | Hold History” appeared first on HIPTHER Alerts.

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