In depth interpretation of EVM's ecological Empire

Ethereum virtual machine （EVM） It is the de facto standard among blockchain developers , There is a huge community support behind it . This has led other blockchains compatible with Ethereum virtual machines to explore this system , The blockchain that is not compatible with Ethereum virtual machine establishes an Ethereum virtual machine compatibility layer on this basis .

Irons , Next, let's have an in-depth understanding of Ethereum virtual machine compatibility ！

After the limited success of the launch , So-called “ Ethereum killers ” Building solutions on the chain , To further support Ethereum virtual machines . for example , Boca's Moonbeam,NEAR Protocol Of Aurora,Cosmo Of Evmos as well as Solana Of Neon.

What is? EVM？

Ethereum virtual machine is responsible for defining the rules for calculating the new effective state from block to block . Ethereum virtual machine is a powerful sandbox virtual stack in each Ethereum node , It is responsible for the execution of the contract bytecode .

At present , Ethereum developers are leading Web3 Development activities of , There are about 4000 Many active developers . Ethereum continues to have the biggest tool 、 Ecosystem of applications and protocols , It is the second largest ecosystem 2.8 times . Every five new Web3 One of the developers is building on Ethereum .

Solidity and EVM It is the factual standard of blockchain .

Ethereum is the first blockchain that allows the execution of smart contracts on the chain , So , They released Solidity, A coding language compatible with Ethereum virtual machine . Almost all successful decentralized applications （dApp） It's all used Solidity And Ethereum virtual machine to execute smart contracts .

As Ethereum begins to gain more use and attention , There are many different tools on the network to ease and speed up smart contracts in Ethereum （ And Ethereum virtual machine ） Implementation and deployment on . You may know something like Truffle、Ganache、Infura、OpenZeppelin、Hardhat Such agreement .

besides , Ethereum is also the first network to deploy smart contracts , Now it is still the gold standard in the competition chain . But because of its size and huge number of users , The scalability of Ethereum has now become a problem that cannot be ignored .

EVM Compatibility chain

Other unauthorized blockchains provide lower gas Fees and faster transactions , Quickly responded to the current problems on Ethereum . But these blockchain developers have not developed new ways to realize smart contracts , But simply copied part of the Ethereum network .

What these Ethereum competitive chains provide ？

For consumers , Ethereum virtual machine compatible chains provide cheaper gas Price , Faster transactions and the same address format as Ethereum , This provides a user-friendly environment . It accelerates the expansion of flow and ecosystem , Because Ethereum users can easily transition to other chains .

And for developers , The chain compatible with Ethereum virtual machine establishes a code execution environment equivalent to Ethereum virtual machine . This means that Ethereum developers can quickly and easily deploy the protocol to other competitive chains , Instead of creating code from scratch .

At present , A huge ecosystem has developed around the Ethereum virtual machine compatibility chain , Such as Avalance, Coin security smart chain ,Fantom, And the second tier solution , Such as Arbitrum and Optimism. You can see the comparison of smart contract platforms based on Ethereum virtual machine from the following figure ：

Not EVM Compatibility chain

Various blockchains are involved to solve the scalability problem of Ethereum , It does not support Ethereum virtual machines and uses different virtual machine standards , Such as CosmWasm. A popular example of these blockchain chains is Solana、Cosmos、Near Protocol And Boca .

Not EVM Blockchain enabled EVM

first , Those blockchains released that are not compatible with Ethereum virtual machines have superior design , Such as popular programming language and speed . After including the compatibility of Ethereum virtual machine , These blockchains gave up their original goals , That is to develop a technology stack to replace Ethereum .

In Africa EVM Build on Chain EVM Compatible items

NEAR Protocol Upper Aurora

On Boca Moonbeam

Cosmos Upper Evmos

Solana Upper Neon

Oasis Swao Upper Oasis Emerald Paratime

Algorand Announced plans

Aurora It is a contract to make Ethereum contract in a higher performance environment , namely NEAR Technologies implemented on blockchain , This is a contemporary first tier blockchain , It's fast （2-3 Seconds to complete the transaction ）, Expandable , And the environment is friendly .

Ethereum virtual machine is the de facto standard for smart contract execution . It promotes the transfer of liquidity from Ethereum blockchain to these faster 、 Cheaper and scalable Ethereum virtual machine solutions . Besides , As the developer community around Ethereum virtual machines continues to grow , It will solve most of the problems of Ethereum main chain .