Over 50 projects like Sushiswap, Uniswap, and Dexalot are rushing to participate on Chainweb EVM testnet, alongside over 200 developers who are actively building on the network.
What’s all the excitement about? It’s one thing when we’re talking about an over-hyped dog coin. But these well-known defi projects and infrastructure protocols are rushing to build on the latest launch from @Kadena_io.
Let's explore how @kadena_io, a public layer 1 launched in 2016, is shipping a $50M grant program with some of the most sophisticated technology available to institutions.
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The future of blockchain demands innovative middleware that balances decentralization, high throughput, and EVM compatibility.
Launched in 2016, @kadena_io is a public layer 1, launched by Stuart Popejoy and Will Martino, the creators of J.P. Morgan's first blockchain and leaders of the SEC Crypto Committee.
That proves the solid background of Kadena!
As early crypto adopters, Stuart and Will offer industry-leading performance with the only PoW chain.
They run Solidity and Pact smart contracts, ensuring low fees and high speeds.
Each chain employs merge-mined security similar to Bitcoin and supports native cross-chain communication.
This allows developers to deploy Solidity smart contracts and facilitate asset transfers as easily as on a single chain.
The best part? -> Ecosystem flourishes
The announcement of Chainweb EVM launch was at EthCC! The co-founder of Kadena Stuart, has committed to delivering a decentralized, EVM-compatible multi-chain network as a substitute solution to Layer 2 rollups
And today the testnet of Chainweb EVM finally here 👇
That's the big milestone of Kadena and also proves the determination from Team Kadena!
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