Solved Ethereum Scalability Issue with Chainweb EVM By Kadena
Hoodwinkin' Ethereum Layer 2s with Kadena's Chainweb EVM
New York, New York, April 3rd, 2025 - Chainwire
Kadena, the industry's heralded blockchain scalability ace, propels into the future with Chainweb EVM, the addition of 20 EVM-compatible chains to its multi-chain network. This groundbreaking innovation places Kadena on the map as a fractional decentralized rival to Ethereum's Layer 2 networks, boasting near-zero gas fees, a wickedly infinite scalability, and an energy-conserving Proof of Work (PoW) security.
Kadena's rule-breakin' scaling strategy pinpoints native parallelization for high-octane execution and processing - increasin' throughput significantly and leanin' heavy on processin'. It's horizontal scalable network can fling fresh chains into the fray to eliminate spikes in demand, even decompressin' block times to keep fees lower than Layer 2s' rank amateurs.
Dreamers will discover a wilderness of opportunities to deploy, develop, and scale dApps with the assistance of Solidity smart contracts and EVM tooling, all while baskin' in the safety, affordability, and decentralization of Kadena's Layer 1 powerhouse.
The Chainweb EVM phenomenon has ignited fascination in hundreds of developers who clamoured for exclusive early access at ETHDenver, snatchin' the first chance to deploy on-chain. This initiative dovetails with Kadena's whopping $50 million in grants to fortify the Chainweb EVM ecosystem, tokenize real-world assets, and accelerate AI development.
Stuart Popejoy, Kadena's unconventional co-founder and CEO, left jaws agape with his take on the Chainweb EVM vision:
"Steerin' this project alongside my hopelessly enthusiastic co-founder Will has been the most daunting yet invigoratin' initiative at Kadena since its inception. We see Chainweb EVM as the everlastin' settlement platform for Earth, from stock market bargains to e-commerce transactions. Our new chains will shortly fling open what we've been buildin' with Chainweb consensus to the EVM crowd. Solidity geniuses can now construct vastness with the security, speed, and budget-friendliness of Kadena's native parrallel chains," Popejoy exclaimed.
Who the Flip Is Kadena?
In a world where blockchains are plentiful, Kadena stands firm as the U.S.-born scalable PoW titan, dreamt up by Stuart Popejoy and Will Martino - conjurers of J.P. Morgan's first blockchain and head honchos of the SEC's Crypto Committee. Kadena's groundbreakin' combo of energy efficiency and off-the-charts scalability makes it the pressure-tested infrastructure for mass adoption. With its grassroots smart contract language Pact, Kadena equips builders with the tools they need to cook up secure, efficient, and developer-friendly applications that address today's real-world needs.
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- The Chainweb EVM innovation by Kadena, which adds 20 EVM-compatible chains to its multi-chain network, could potentially challenge Ethereum's Layer 2 networks in the stock market and finance sectors.
- As Kadena's Chainweb EVM ecosystem flourishes, it aims to tokenize real-world assets and accelerate AI development in technology-driven businesses.
- Stuart Popejoy, Kadena's co-founder and CEO, envisions Chainweb EVM as the lasting settlement platform for various real-world transactions, including stock market deals and e-commerce, eventually opening its advanced technology to the Ethereum Virtual Machine (EVM) community.