Cosmos-based Layer 1 blockchain Injective launched its inEVM Layer 2 rollup solution, enabling Ethereum apps to run natively on the network.
Injective, has released the testnet of its inEVM Layer 2 rollup solution in partnership with Caldera. This allows Ethereum applications to run natively on the network.Stay updated on Pro Crypto Ecosystems news by locking ACS tokens with The Block.No wallet? No problem. You can set one up for free. We recommend Torus for first-time users.
Unlike analogous EVM solutions on other Layer 1s such as Aurora or Neon , inEVM serves as an EVM rollup linked to Injective. The solution would leverage the security provided by Injective mainnet's validator set, a spokesperson informed The Block.This launch is part of Injective’s strategy to establish a network of “Electro Chains,” aimed at expanding its Layer 2 ecosystem and enhance interoperability with other blockchains, as per a statement.
"inEVM is part of Injective’s larger plan to introduce a network of Electro Chains. In essence, this consists of a series of rollups with dedicated VM environments that would cater to the needs of distinct builders while still providing the highest levels of scalability and security," the spokesperson stated.
The testnet launch of inEVM is today, and its mainnet debut is scheduled for later in Q4, according to Injective. © 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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