Neon EVM Enables Ethereum Developers to Build on Solana
Neon EVM, a computing environment, has released a solution that allows Ethereum developers to build applications on the Solana network. This implementation, a smart contract on top of Solana, enables the deployment of Ethereum Virtual Machine (EVM) code, which was previously not possible on the network. By transitioning their projects to Solana, Ethereum developers can potentially reduce their operational costs. The Neon EVM team is confident that their solution will effectively integrate with Solana’s high throughput capabilities and is currently conducting extensive tests. In addition to providing access to the Solana network, Neon EVM aims to enable Ethereum apps to take advantage of Solana’s native functionality, including parallel transaction execution. Neon Foundation’s director, Marina Guryeva, expressed excitement about the upcoming production tests and the opportunity to share real-world data.
Key Points:
– Neon EVM allows Ethereum developers to build applications on the Solana network.
– It is a smart contract implementation on top of Solana that deploys Ethereum Virtual Machine (EVM) code.
– Transitioning projects to Solana may reduce operational costs for Ethereum developers.
– Neon EVM is conducting extensive tests to ensure effective integration with Solana’s high throughput capabilities.
– The solution also enables Ethereum apps to utilize Solana’s native functionality, including parallel transaction execution.
Hot Take:
Neon EVM’s release of a solution that allows Ethereum developers to build on Solana is a significant development for the crypto community. By leveraging Solana’s capabilities, Ethereum apps can potentially achieve higher scalability and lower costs. This integration opens up new possibilities for both networks and showcases the ongoing innovation within the blockchain industry.
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