What's the point of parallelizing EVM? Or is it the endgame under EVM hegemony?
Can Parallel EVM enable existing decentralized applications to achieve Internet-level performance?
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Can Parallel EVM enable existing decentralized applications to achieve Internet-level performance?
Bitcoin has been making headlines recently with the launch of a Bitcoin spot exchange-traded fund (ETF), but critics say the network has failed to keep pace with innovation in the broader web3 ecosystem.
The launch of Bitcoin Layer 2 will provide faster transaction speeds, allowing for higher transaction throughput, which is crucial for the widespread adoption of the Bitcoin network.
Conflux Network introduces an EVM-compatible Bitcoin Layer 2 solution, leveraging Bitcoin's power for enhanced interoperability. BTC becomes the local currency for gas fee calculations, facilitating seamless asset bridging on the Bitcoin blockchain. Market response is positive, with CFX experiencing a 10% surge. Conflux's strategic move signals a commitment to innovation and greater goals in the blockchain space.
Justin Sun explained that the zkEVM integration has the potential to benefit the TRON and Bittorent ecosystems.
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