AppLayer Launches Revolutionary EVM Network and $1.5 Million Incentive Program

AppLayer Launches Revolutionary EVM Network and $1.5 Million Incentive Program
фото показано с : zycrypto.com

2024-5-3 01:47

AppLayer has announced the launch of a groundbreaking Ethereum Virtual Machine (EVM) network, which will introduce unparalleled speed and efficiency to blockchain application development.

This network delivers lightning-fast transaction speeds and offers a new Ethereum Virtual Machine (EVM) development approach for DeFi and GameFi developers.

The platform boasts a remarkable tenfold increase in transaction speeds compared to standard Golang-based EVM networks, with an astonishing 65-fold boost in execution speed thanks to its innovative use of C++ stateful pre-compiles.

The introduction of stateful pre-compiles represents a significant advancement in blockchain technology, enabling developers to create smart contracts with enhanced functionality and lightning-fast performance. With this, the network has an unmatched ability to process complex smart contracts at unprecedented speeds.

Notably, this breakthrough allows for seamless integration with existing Solidity code while providing a substantial performance boost, paving the way for more sophisticated and scalable decentralized applications (dApps).

With this infrastructure, developers can now create their own stateful precompiles as smart contracts, with features and syntax identical to Solidity but with the added turbocharge of C++ performance.

This development was remarked by Itamar Carvalho, CTO at AppLayer, during ETHDenver 2024, saying;

“AppLayer is not just an upgrade; it’s a revolution. We’re empowering developers to build without boundaries, pushing the limits of what’s possible in blockchain application development.”

Furthermore, AppLayer’s innovative approach extends beyond speed and efficiency. The platform incorporates rdPoS (random deterministic Proof of Stake), a unique consensus mechanism to enhance network security and transaction processing efficiency. This combination of cutting-edge technologies positions AppLayer as a formidable platform capable of handling high-scale and intricate applications in sectors such as gaming and decentralized finance (DeFi).

AppLayer Reveals $1.5M Incentive Program 

In addition to the network launch, AppLayer has initiated an incentivized testnet program, offering up to $1.5 million in rewards to developers who push the boundaries of their Solidity code on the platform. The program aims to foster creativity and innovation within the developer community, encouraging the exploration of new possibilities in blockchain application development.

Developers are invited to participate in the testnet program, where they can receive $APPL token grants to recognize their contributions. With up to 100,000,000 $APPL tokens available for allocation, the potential for reward is substantial. Projects that engage users and demonstrate innovation may be eligible for additional allocations, further incentivizing development and user engagement.

According to the announcement, applications for those interested in participating in the Grants Program are now open, offering individuals the opportunity to be part of this transformative phase in blockchain development. AppLayer represents the future of blockchain technology, where speed, efficiency, and innovation converge to unlock new possibilities in decentralized application development.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Santiment Network Token (SAN) на Currencies.ru

$ 0.0865709 (-0.22%)
Объем 24H $210
Изменеия 24h: 9.95 %, 7d: 19.49 %
Cегодня L: $0.0865709 - H: $0.0865709
Капитализация $0 Rank 5672
Доступно / Всего 0 SAN / 83.337m SAN

network evm machine ethereum virtual applayer development

network evm → Результатов: 101


AppLayer Unveils Fastest EVM Network and $1.5M Network Incentive Program

Panama City, Panama, May 2nd, 2024, Chainwire AppLayer has unveiled the fastest and most robust infrastructure for scaling Ethereum-based applications, a cutting-edge blockchain that not only delivers lightning-fast transaction speeds but also offers a new approach to Ethereum Virtual Machine (EVM) development for both DeFi and GameFi developers.

2024-5-2 19:03


Фото:

Social Network launches NFT game to promote ‘environmental well-being’

A new layer-2 staking network called Social Network is set to revolutionize the landscape of cryptocurrency. Developed in partnership with Earth Wallet, a platform for Bitcoin and Ethereum self-custody, Social Network aims to utilize an Ethereum Virtual Machine (EVM) and an NFT-based mobile scavenger hunt to transform Bitcoin transactions, reduce costs, and enhance energy efficiency. […]

2024-4-5 19:38


Фото:

TON Foundation Announces Strategic Alliance with Mantle Network To Advance EVM-Compatible Layer 2 Blockchain Solutions

A strategic partnership between The Open Network Foundation (TON Foundation) and Mantle Network, a top provider of Ethereum Virtual Machine (EVM) Layer 2 solutions, was launched today. With this partnership, Mantle Network is positioned to support the TON Foundation as its main ally in achieving more interoperable Layer 2 blockchain capabilities on TON that are […]

2023-10-25 13:54


Game-Changing Airdrop Alert: MATIC Holders, Your Chance for Massive Rewards is Here!

Polygon zkEVM: A Groundbreaking Scaling Solution Polygon’s zkEVM, an open-source Layer-2 rollup developed by the Polygon team, has quickly gained recognition as a game-changing solution. The zkEVM network, fully compatible with the Ethereum Virtual Machine (EVM), aims to address the scalability challenges of the Ethereum ecosystem.

2023-5-14 21:35


Фото:

Разработчики EOS представили совместимую со смарт-контрактами Эфириума сеть EOS EVM

Команда EOS Network Foundation объявила о запуске основной сети EOS EVM. Это промежуточный блокчейн, который позволяет запускать смарт-контракты для Эфириума на базе EOS.

2023-4-15 18:47


EOS запустили EVM в основной сети

EOS Network Foundation запустила в основной сети эмулятор виртуальной машины Ethereum (EVM) для реализации интероперабельности между блокчейнами. The moment you've all been waiting for: $EOS EVM is officially live! EOS EVM is by far the industry's most performant, 25x faster than AVAX and 3x faster than Solana or Polygon. And with $35M+ available for #EOS […]

2023-4-15 17:01