Summary
- 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.
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.
