Injective Introduces inEVM, a Revolutionary Ethereum Virtual Machine
Injective has unveiled inEVM, the first-ever Ethereum Virtual Machine (EVM) that enables true composability across Cosmos and Solana. Developed in collaboration with Caldera, a Layer-2 rollup infrastructure supported by Sequoia, inEVM offers numerous benefits to Ethereum developers.
Enhancing Access and Speed for Developers
The launch of inEVM provides Ethereum developers with unparalleled access to Injective’s global network and customer base. This opens up new opportunities for expanding the reach of their protocols. With features like instant transaction finality, shared liquidity, and modular toolkit, inEVM ensures ultra-fast speed and seamless deployment of applications across Injective rollups.
Advancing Web3.0 Ecosystem
According to Eric Chen, co-founder and CEO of Injective Labs, inEVM represents a significant stride forward for the Web3.0 ecosystem. It allows developers to maximize the benefits of an optimized infrastructure stack without being limited by network barriers.
Interoperability for DApps
DApps launched on inEVM will be able to directly compose with Cosmos and Solana applications, enabling both inter and intra-EVM compatibility. This eliminates or reduces the challenges faced by developers and offers a more streamlined development experience.
Continued Innovation by Injective
Injective is known for driving innovation in the Web3.0 ecosystem. Prior to inEVM, they released SVM (formerly known as “Cascade”), the first Solana Virtual Machine roll-up solution integrated into the Inter-Blockchain Communication ecosystem. Similar to platforms like Cardano, Filecoin, and Telos, Injective is dedicated to fostering innovation in Web3.0.
Hot Take: Injective Unveils inEVM, Revolutionizing Ethereum Development
Injective’s introduction of inEVM marks a groundbreaking development for Ethereum developers. With true composability across Cosmos and Solana, inEVM provides unparalleled access, speed, and interoperability. This advancement in the Web3.0 ecosystem removes barriers and enables developers to tap into a global network of users and liquidity. Injective continues to lead the way with innovative solutions, driving progress in the world of decentralized applications.