Kadena Introduces Chainweb EVM: A New Era for Blockchain Developers

user avatar

by Giorgi Kostiuk

a year ago


Kadena has launched Chainweb EVM, a new execution layer aimed at addressing the challenges faced by blockchain application developers.

What is Chainweb EVM?

Chainweb EVM is an EVM-compatible environment designed to tackle long-standing constraints in blockchain application development. This platform enables parallel transaction execution across multiple chains using a braided proof-of-work architecture, enhancing throughput while maintaining security.

Benefits of the New Architecture

According to Kadena's CEO Stuart Popejoy, many current networks force developers to choose between performance and affordability. Chainweb EVM offers native token standards that integrate compliance requirements directly into the protocol layer, allowing projects to meet institutional needs without sacrificing transparency or speed.

> "Our native token standards integrate regulatory requirements directly into the protocol layer, not as afterthoughts. This enables applications that can handle serious institutional capital while maintaining the transparency and efficiency that makes blockchain compelling," Popejoy stated.

Kadena's Future and Developer Support

Kadena has launched a $50 million grant program, half of which is specifically allocated for Chainweb EVM, to support teams focused on real-world utility. Since the testnet launch, over 50 projects have joined the platform. Kadena is focusing on mainnet readiness and cross-EVM interoperability, with Popejoy emphasizing that success is not measured by developer adoption metrics but by the effective implementation of institutional applications.

The launch of Chainweb EVM by Kadena marks a significant step in the development of blockchain infrastructure aimed at improving conditions for developers and attracting institutional capital.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

XRP Ledger Validators Advance Maintenance Amendment Amid Challenges for Lending Features

XRP Ledger validators have advanced the fixCleanup340 amendment, clearing the 80% support threshold for activation, while lending features face governance challenges.

user avatarZainab Kamara

Latvia Implements New Crypto Tax Legislation

Latvia has passed a new law changing the taxation of crypto investment account gains, focusing on withdrawals rather than individual trades.

user avatarSon Min-ho

Significant Bitcoin Transfer from 2013 Wallet Sparks Market Speculation

An early Bitcoin holder has moved approximately 41,145 BTC from a dormant wallet, raising concerns and interest among traders.

user avatarAyman Ben Youssef

Cysic Halts Crosschain Bridge Following Token Creation Incident

Cysic has suspended its crosschain bridge after an attacker created 10 million unauthorized CYS tokens on BNB Chain and converted part of the supply into assets moved toward Ethereum.

user avatarTando Nkube

Qubic Network Halts Operations Following Major Security Breach

Qubic has halted its network operations after a significant security breach, where attackers exploited weakly generated wallet credentials to steal approximately 14 million in cryptocurrency from over 1,400 accounts.

user avatarKofi Adjeman

JPMorgan Expands JPM Coin to Public Ethereum for Institutional Users

JPMorgan is launching its bank-issued deposit token, JPM Coin, on the Ethereum blockchain for institutional users.

user avatarNguyen Van Long

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.