- Injective announced that it will support DApps compatible with Ethereum by introducing EVM.
- The upgrade is aimed at launching the mainnet by the end of this year.
- It is expected that Injective's market competitiveness will be greatly enhanced as a result.
STAT AI Notice
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
On the 29th (local time), according to the cryptocurrency specialist media The Block, the Cosmos (ATOM)-based Layer 1 blockchain Injective (INJ) announced that it will introduce a native high-performance EVM (Ethereum Virtual Machine) to its Layer 1 blockchain.
Injective's existing software architecture does not support EVM code, but this update will provide it. This allows users to use Ethereum (ETH)-compatible DApps on Injective.
The Injective team is currently applying it to a private developer network for initial testing, with the final mainnet launch scheduled for the end of this year.

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.PiCK News
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