One of the developers working on “BitVM” — a Bitcoin-based virtual machine — reiterates the tech is intended to scale Bitcoin rather than launching Ethereum-like decentralized finance applications on ...
The web3 and blockchain ecosystem continues to evolve, with interoperability between major ecosystems like Ethereum’s Virtual Machine (EVM) and the Cosmos network emerging as critical infrastructure.
Ethereum Virtual Machine-compatible chains remain the network of choice for crypto developers, with 87% of all active multichain developers working on at least one EVM network, according to new data.