New York, New York, April third, 2025, Chainwire
Shifting Past Layer 2s By way of Native Parallel Execution on Proof of Work (PoW)
Kadena, the {industry} chief in scalable blockchain expertise, has introduced Chainweb EVM with the addition of 20 EVM-compatible chains to its multi-chain community.
Chainweb EVM positions Kadena as a decentralized various to Ethereum Layer 2s, with near-zero gasoline charges, infinite scalability, and energy-efficient Proof of Work safety. Kadena takes a novel method to scaling by leveraging native parallelization for high-throughput execution and processing. Their horizontal scaling community can add new chains to soak up demand fluctuations, which reduces block time and retains gasoline charges decrease than all Layer 2s.
Builders can deploy and scale dApps with Solidity sensible contracts and leverage EVM tooling natively, all whereas benefiting from Kadena’s scalable, reasonably priced, and decentralized Layer 1 infrastructure.
The Chainweb EVM initiative has acquired curiosity from tons of of builders who signed up for unique early entry at ETHDenver, gaining the primary likelihood to deploy on-chain. This initiative coincides with Kadena’s $50 million in grants to assist constructing on Chainweb EVM, tokenizing real-world assets, and AI growth to drive ecosystem progress.
Stuart Popejoy, Kadena’s co-founder and CEO, commented on the imaginative and prescient for Chainweb EVM, citing his enthusiasm for the buildout.
“Spearheading this undertaking alongside my co-founder, Will (Martino), has been the one largest initiative at Kadena since its inception. We see Chainweb EVM because the long-lasting settlement platform for the world, from inventory market buying and selling to e-commerce funds. Our new chains will quickly open what we now have been constructing with Chainweb consensus to the EVM world. Solidity builders can now construct with the safety, effectivity, and cost-effectiveness of Kadena’s native parallel chains,” Popejoy mentioned.
About Kadena
Based within the U.S. in 2016 by Stuart Popejoy and Will Martino – creators of J.P. Morgan’s first blockchain and leaders of the SEC’s Crypto Committee – Kadena delivers industry-leading efficiency as the one scalable Layer 1 Proof of Work blockchain. Kadena’s progressive method combines vitality effectivity with unmatched scalability, making it a really perfect infrastructure for mass adoption. With its pioneering sensible contract language Pact, Kadena affords instruments for constructing safe, environment friendly, and developer-friendly blockchain purposes that handle real-world wants.
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Contact
Kadena Press
Kadena LLC
press@kadena.io
