Regarding interoperability, EVM compatibility is a blockchain function that most protocols should consider integrating into their system. The primary role of the EVM in the Blockchain network is to introduce several additional functionalities to ensure that the user experience is improved. Better experiences in terms of faster transactions, higher capacity, lower gas fees, and more. With new and existing protocols integrating EVM, we might be closer to a better scalable network than we thought.
Cardano(ADA) recently launched a layer two solution, an EVM sidechain, to increase scalability for projects building on the network. A customized scaling solution for Ethereum was also made available by Polygon(MATIC) under the name zkEVM. Through this new scaling solution, programmers can easily deploy Ethereum smart contracts that scale infinitely and reduce fees.
The HUH Network(HUH) is a brand-new cryptocurrency with an EVM-compatible base layer blockchain that quickens the network’s adoption rate and makes it simple for developers and creators to join from other networks.
Build It And They Will Come – Cardano(ADA)
Cardano (ADA)is a decentralized system that processes transactions securely and efficiently. As one of the fastest growing communities in the blockchain ecosystem, more dApps and DeFi products are expected to build Cardano. With this comes an intense need for better scaling solutions.
The Cardano(ADA) project launched a layer two solution or EVM sidechain to increase the ease of having developers build on the network. With the EVM sidechain, the Solidity developer community can create DApps on a less expensive, more energy-efficient platform than proof-of-work blockchains. The EVM sidechain is a permissionless, secure, efficient network for users.
Today, Cardano’s(ADA) price is $0.47, with a 24hr trading volume of $683 million and a market cap of $15.9 billion.
Multiple Sides To This Platform – Polygon(MATIC)
Polygon(MATIC) is a decentralized Ethereum scaling platform that believes in web3 for all. It is the first user-friendly platform for scaling Ethereum and creating infrastructure. The network’s primary component is the Polygon SDK, a modular, adaptable framework that facilitates the creation of various applications. The network introduced zkEVM, a proprietary scaling solution compatible with Ethereum, which will enable developers to implement better Ethereum smart contracts. Most networks in the blockchain ecosystem are focused on better-decentralized user experience and optimization. The zkEVM, according to Polygon, is “the future of scaling Ethereum.” zkEVM is a Layer-2 protocol that collects a large batch of transactions and “proves” them all to Ethereum with a single ZK validity proof.
Putting The ‘Hu’ In Humble Brag – HUH Network(HUH)
The HUH network(HUH) is an interconnected metaverse that is community-driven and decentralized. It is a social blockchain in which innovators can create and build unique and functional applications that scale and are secure. The scalability of current blockchain solutions makes them expensive, slow, and inefficient.
HUH network(HUH) will adopt the Proof of Stake consensus solution, the newest and most cutting-edge available, to address scalability issues. This will make it possible for users to have faster and more secure transactions within the ecosystem. Creators, users, and innovators won’t have to worry about the present cryptocurrency gas fees, thanks to the network’s minimal transaction expense.
The HUH network(HUH) will also introduce a base layer blockchain compatible with EVM. With this, any project currently running on other EVM-compatible blockchains can be seamlessly integrated, making more dApps and smart contracts compatible with the system. This design strategy accelerates the network’s adoption rate, and developers from other networks can easily join.
The presale will start soon, and users can buy at discount prices. When you buy your HUH token with BND, you’ll get a 15% discount and an additional 8% discount at the first stage of the presale.
Find out more about the HUH network using the links below:
HUH Exchange
Presale: https://presale.huh.social/
Website: https://www.huh.social/
Telegram: https://t.me/HuHToken
Twitter: https://twitter.com/HuhToken
Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
Source: https://cryptodaily.co.uk/2022/08/huh-network-to-join-cardano-polygon-as-evm-compatible-blockchain