Altcoin EOS is increasing its interoperability with Ethereum (ETH) after more than a year of development.
Altcoin EOS Becomes Interoperable With Ethereum
After over a year of development, the EOS Network Foundation is releasing a beta version of the EOS EVM Virtual Machine, an emulation of the Ethereum Virtual Machine, on its mainnet. It will be available as a smart contract today.
The beta launch followed a testnet rollout late last month.
EOS uses the C++ programming language, while EOS EVM runs decentralized applications written in Ethereum's programming language Solidity.
As Solidity is used by most web3 developers and is supported by open source code libraries and tools, interoperability offers more opportunities to attract developers skilled in the programming language.
Meanwhile, Ethereum developers will be able to benefit from the performance and throughput of EOS.
“Our goal is to produce an interoperable future where the gaps between blockchains, developers and end users are closed,” said Yves La Rose, founder and CEO of the EOS Network Foundation.
The EOS EVM Virtual Machine aims to be the industry's most performing and compliant EVM, with one-second block intervals, low fees, and more than 800 swaps per second.
EOS has also worked for a long time to include Ethereum interoperability because for all intents and purposes it had to.
EOS has struggled to attract attention after its exciting launch, and its development activity has failed to excite or attract new players.
*Not investment advice.