Best EVM-Compatible Blockchains in 2025

Compare the Top EVM-Compatible Blockchains using the curated list below to find the Best EVM-Compatible Blockchains for your needs.

1

Velas

Velas

6 Ratings

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This is a Solana-based fork featuring integrated EVM compatibility, creating the fastest hybrid chain by combining EVM with EBPF while incorporating the best attributes of Solana into the Ethereum ecosystem. It allows for the deployment of all smart contracts originally designed for the Ethereum blockchain. Users experience remarkably efficient performance at a significantly lower cost, with the option to stake and contribute to decentralization while earning rewards in the process. The Velas Network offers users access to a range of decentralized services, allowing them to entrust the security of their passwords, keys, and seed phrases to advanced segmentation algorithms and validators dedicated to data protection. Crucially, the information is securely distributed across the network, ensuring that it remains inaccessible to any individual participant. This innovative approach not only enhances security but also promotes user confidence in decentralized technologies.
2

TRON

TRON Foundation

2 Ratings

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DAppChain serves as TRON's initiative for sidechain development, aiming to facilitate the operation of decentralized applications (DApps) on the TRON network with greater energy efficiency, increased speed, and improved security, thereby offering limitless scalability for the main TRON network. The considerable throughput is achieved by enhancing the transactions per second (TPS) capabilities of TRON, which have now outstripped those of Bitcoin and Ethereum, reaching a level suitable for everyday use. This scalability, coupled with efficient smart contracts, provides a diverse range of deployment options for applications on TRON, effectively accommodating a vast number of users. Furthermore, the enhanced reward distribution mechanism contributes to a more trustworthy network structure, protects user assets, and fosters intrinsic value while promoting a higher level of decentralized consensus. Additionally, Poloniex operates a decentralized trading platform that evolved from TRXMarket, which was previously the largest decentralized trading venue on TRON and has consistently ranked among the top five in terms of trading volume within the TRON DApp ecosystem. This evolution reflects the continuous growth and adaptation of TRON in the decentralized finance space.
3

Reef

Reef Finance

1 Rating

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Reef Chain combines the most beneficial elements of widely used blockchains while ensuring full compatibility with smart contracts. As an EVM-compatible blockchain designed for decentralized finance (DeFi), Reef Chain boasts impressive speed, scalability, and low transaction fees, all while eliminating unnecessary mining processes. Constructed using the Substrate Framework, it incorporates on-chain governance features. Users can seamlessly transfer their existing applications from Ethereum to Reef Chain without the need for any modifications to their Solidity code. Additionally, it allows for the deployment of established ERC-20 assets and facilitates liquidity transfers between Ethereum and Reef Chain. With a focus on upgradability and sustainable governance, Reef Chain employs advanced blockchain technology, including Nominated Proof of Stake consensus, EVM extensions, on-chain upgradability, libp2p networking, and cutting-edge cryptography. Furthermore, its community-elected Technical Council ensures that Reef Chain remains self-upgradable, adapting to future needs and challenges. This dynamic ecosystem positions Reef Chain as a leading choice for developers and users in the DeFi space.
4

Fantom

Fantom Foundation

1 Rating

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One platform offers limitless possibilities. Fantom is an efficient, high-capacity open-source smart contract network designed for digital assets and decentralized applications. With its advanced aBFT consensus mechanism, Fantom ensures exceptional speed, security, and dependability. Users can benefit from nearly instantaneous transactions at remarkably low costs. Transactions on the Fantom network are settled within seconds and incur minimal fees of just a fraction of a cent. The validator nodes establish a decentralized, trustless, and leaderless Proof-of-Stake architecture on a global scale. Capable of handling thousands of transactions per second, Fantom can seamlessly expand to accommodate numerous nodes. Additionally, Fantom is fully compatible with EVM, allowing developers to deploy and operate their Ethereum dApps on the platform. It features a comprehensive DeFi suite that enables users to mint, trade, lend, and borrow digital assets straight from their wallets. Enjoying near-zero fees and immediate transaction speeds, Fantom makes decentralized finance accessible to everyone. Its innovative approach sets a new standard in the blockchain space, inviting users to explore and leverage its diverse offerings.
5

Arbitrum

Offchain Labs

1 Rating

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The next-generation layer 2 solution for Ethereum decentralized applications (dApps) allows developers to leverage their preferred tools while achieving cost-effective scaling for their projects. In this ecosystem, an aggregator functions similarly to a node in the Ethereum network, enabling client software to perform remote procedure calls (RPCs) to interact with an Arbitrum chain via a standard API. Once a client makes a request, the aggregator interacts with the EthBridge to generate transaction results, akin to the operation of an Ethereum node. Although most clients will typically route their transaction submissions through an aggregator for efficiency, it is not a strict requirement for operation. There are no restrictions on the number of aggregators that can be established, nor on who is eligible to serve as one. To enhance processing efficiency, aggregators often consolidate several client transactions into a singular message for submission to the Arbitrum chain. Additionally, Arbitrum features a specialized Sequencer that has the capability to prioritize transaction ordering and provide rapid transaction receipts, further optimizing the user experience. This innovative structure opens up new possibilities for developers looking to enhance their dApps on Ethereum.
6

Taiko

Taiko Labs
Free

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Taiko serves as an Ethereum-equivalent (Type 1) ZK-EVM, ensuring complete compatibility with Ethereum's existing infrastructure. There is no need for any additional compiling, reauditing, or specialized tools, as everything operates seamlessly right from the start. Our development is community-driven and fully open-source, which allows users to freely utilize and modify Taiko's source code under a permissive license. Importantly, Taiko does not require any extra trust assumptions from Ethereum, as it is a foundational rollup that features a permissionless and decentralized proposer/prover network from its inception. By inheriting the level of decentralization characteristic of Ethereum, Taiko utilizes Ethereum validators for transaction sequencing, which is designed to be straightforward, ensuring Ethereum's liveness and credible neutrality are maintained. Users can easily bridge their ETH to Taiko through our native bridge or other bridges within the ecosystem, and for guidance, the user guide's setup page is a great starting point. This innovative platform integrates the advantages of both optimistic and ZK-rollups, significantly lowering costs while enhancing decentralization, making it a forward-thinking solution in the blockchain space. Ultimately, Taiko represents a new era for Ethereum users, combining efficiency with robust security and community involvement.
7

Vision Chain

Vision Chain
Free

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Introducing the pioneering blockchain specifically designed for GameFi and the Metaverse, Vision aims to establish a metaverse environment characterized by exceptional performance, seamless interoperability, scalability, and robust security, thereby facilitating easier access for users. This innovative protocol has evolved from a Proof of Stake (PoS) foundation, representing the result of extensive dedication and hard work. The VPoS network features a global array of independent validator nodes that ensure a high level of safety, making user logins straightforward while presenting significant challenges to potential attackers. Transactions within the Vision ecosystem are completed in mere seconds and incur minimal costs. Furthermore, Vision's compatibility with the Ethereum Virtual Machine (EVM) allows users to effortlessly deploy and operate their Ethereum decentralized applications (dApps) on the Vision platform. Notably, Vision is 100% compatible with Ethereum, enabling developers to launch their dApps at a significantly reduced cost while taking advantage of Vision’s outstanding performance. The source code of Vision is entirely open source, allowing anyone to access it, track its development, provide feedback, and contribute to the expansion of the ecosystem. Additionally, Vision Metaverse Go! Creator serves as an innovative tool tailored for content creation, featuring a scripted, component-based, and data-driven approach to game development, making it a versatile option for creators. This unique combination of features positions Vision as a transformative force in the gaming and metaverse landscape.
8

Base

Coinbase
Free

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Base is a secure, cost-effective, and developer-friendly layer 2 solution for Ethereum, designed to usher in the next billion users to the web3 ecosystem. It offers the essential security and scalability required for your decentralized applications, utilizing Ethereum's foundational security while allowing smooth onboarding from Coinbase, Ethereum L1, and other compatible chains. Experience the Ethereum Virtual Machine (EVM) at a reduced cost, and gain early access to advanced Ethereum functionalities like Account Abstraction (ERC4337), alongside straightforward developer APIs for gasless transactions and smart contract wallets. Built on Optimism’s open-source OP Stack, Base provides an effortless way for decentralized applications to tap into the extensive range of products and distribution options from Coinbase. With seamless integrations, easy fiat onramps, and entry into the Coinbase ecosystem—home to 110 million verified users and $80 billion in assets—Base positions itself as a pivotal player in the web3 landscape. The combination of innovative features and robust support makes Base an attractive option for developers looking to create impactful decentralized applications.
9

Ethereum

Ethereum Foundation

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Ethereum is a community-driven platform that serves as the backbone for the cryptocurrency ether (ETH) and a myriad of decentralized applications. This innovative technology facilitates not only digital currency transactions but also global payments and various applications. Through collaborative efforts, the community has established a vibrant digital economy, providing creators with new opportunities to generate income online and much more. Accessible to anyone with an internet connection, Ethereum breaks down barriers for billions who either lack bank accounts or face restrictions on their financial transactions. Its decentralized finance (DeFi) framework operates continuously without bias, allowing users to send, receive, borrow, earn interest, and even stream funds globally. In contrast to traditional internet services that often require sacrificing personal data control, Ethereum maintains openness as a fundamental principle – all that's needed is a wallet to participate. By staking your ETH, you can contribute to the network as a validator, helping to secure and maintain the integrity of this groundbreaking platform. As a result, Ethereum not only empowers individuals but also fosters a more inclusive financial system for everyone.
10

Kava

Kava Labs

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Kava stands as a decentralized finance platform that facilitates lending and the use of stablecoins in harmony with prominent cryptocurrencies. It operates a cross-chain system that ensures users can access guaranteed loans and stablecoins through major crypto assets such as BTC, XRP, BNB, and ATOM, among others. By collateralizing their cryptocurrencies, users can receive USDX, which is Kava's own stablecoin. The platform features two primary tokens: the KAVA coin and the USDX stablecoin. Serving as the native token, KAVA plays a pivotal role in underpinning the security, governance, and operational functionalities of the platform. Built on a highly scalable and secure blockchain utilizing the Cosmos SDK, Kava connects seamlessly with over 30 chains and taps into a vast ecosystem worth more than $60 billion through the Inter-Blockchain Communication (IBC) protocol. Additionally, it offers an EVM-compatible execution environment designed to enable Solidity developers to create decentralized applications that take full advantage of Kava's robust scalability and security. With Tendermint Consensus, which provides single-block finality and exceptional scalability, Kava is well-equipped to cater to a wide array of transaction demands, ensuring a fluid user experience. The integration of these technologies positions Kava as a forward-thinking platform in the evolving world of decentralized finance.
11

BNB Smart Chain (BSC)

BNB Chain (Binance)

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The BNB Smart Chain (BSC) is a blockchain framework created by Binance that facilitates the development of decentralized applications (dApps) and smart contracts. Functioning alongside Binance Chain, it merges rapid transaction speeds with the programmability found in Ethereum-compatible smart contracts. BSC employs a Proof-of-Staked-Authority (PoSA) consensus model, which boosts both scalability and efficiency while lowering transaction fees. Its compatibility with the Ethereum Virtual Machine (EVM) simplifies the process for developers to migrate dApps and projects from Ethereum seamlessly. As a result, BSC has gained significant traction within the decentralized finance (DeFi), gaming, and NFT sectors, providing users with an efficient, cost-effective, and secure environment for blockchain innovations. The growing ecosystem surrounding BSC continues to attract new projects and users alike, further solidifying its position in the market.
12

Avalanche

Avalanche

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Create on Avalanche. Create without restrictions. Avalanche serves as an open, programmable foundation for decentralized finance applications. Launch Ethereum dapps that achieve instantaneous transaction confirmations and handle thousands of transactions each second, surpassing the capabilities of any existing decentralized blockchain platform. Tailor blockchains to cater to your specific application requirements. You can construct your own virtual machine and define the precise operations of the blockchain. By staking or locking up your AVAX, you contribute to transaction processing and enhance the platform's security, offering protections that exceed the conventional 51% threshold. You likely possess the necessary hardware to participate in this ecosystem. Avalanche is compatible with Solidity, ensuring all your preferred tools, such as Remix, Truffle, and Tenderly, function seamlessly. The cost of deploying smart contracts on Avalanche is merely a fraction—just one-tenth—of what it is on Ethereum. The challenges of high gas fees, front-running, and the negative impacts associated with sluggish smart contract blockchains are now behind us, paving the way for a more efficient and user-friendly experience. Embrace the freedom to innovate and transform your ideas into reality on Avalanche.
13

Starknet

StarkWare

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Starknet functions as a decentralized ZK-Rollup on Ethereum, operating without permission and allowing any decentralized application (dApp) to attain boundless computational scale while maintaining Ethereum's security and composability. By generating STARK proofs off-chain and verifying them on-chain, Starknet successfully scales while safeguarding the integrity of Layer 1 Ethereum. Developers can seamlessly implement diverse business logic through Starknet Contracts, promoting Ethereum-level composability that encourages straightforward development and fosters innovation. The STARK Prover drives the StarkEx scalability engine, showcasing its capability to handle up to 600,000 transactions in a single proof on Mainnet, which highlights its efficiency and robustness. This combination of features positions Starknet as a vital infrastructure for the next generation of decentralized applications.
14

Moonbeam

Moonbeam Network

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Moonbeam offers more than a simple EVM implementation; it serves as an advanced Layer 1.5 chain that replicates Ethereum’s Web3 RPC, along with accounts, keys, subscriptions, logs, and additional functionalities. This platform enhances the foundational Ethereum features by incorporating aspects like on-chain governance, staking, and cross-chain integrations, providing a comprehensive solution for developers. By utilizing Moonbeam, you can tap into market segments that Ethereum struggles to access due to high gas fees. Additionally, you can gain a competitive edge by launching your projects early within Polkadot’s swiftly growing parachain ecosystem. With built-in support for assets such as DOT and ERC-20 tokens, as well as essential infrastructure services like Chainlink and The Graph, Moonbeam stands out as a robust option for decentralized application development. It is clear that the Moonbeam platform significantly broadens the scope of what developers can achieve beyond traditional Ethereum capabilities.
15

Moonriver

Moonbeam Network

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Moonriver serves as an auxiliary network to Moonbeam, functioning as a canary network with continuous incentives. It allows new code to be introduced and tested in real-world economic scenarios before it is transferred to Moonbeam on Polkadot. Developers can efficiently launch their existing or new Solidity DApps onto the Moonriver parachain with minimal adjustments, while also gaining seamless access to the Kusama ecosystem. By closely emulating Ethereum’s Web3 RPC architecture, Moonriver significantly reduces the complexity of executing existing Solidity smart contracts on its platform. Projects initiated on Ethereum can effortlessly duplicate their DApp and deploy it onto Moonbeam using popular frameworks like Hardhat, Truffle, and Remix. This streamlined process ensures that developers can focus on innovation rather than dealing with extensive modifications. In essence, Moonriver not only enhances the deployment experience but also fosters a robust testing environment for projects before they transition to the main network.
16

Klaytn

Klaytn

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Klaytn, Kakao's ambitious global public blockchain initiative, serves as a robust, service-oriented platform that aims to deliver an accessible blockchain experience to millions of users worldwide. By ingeniously merging the strengths of public blockchains—such as decentralized data and governance—with the advantages of private blockchains, like low latency and high scalability, Klaytn employs a smart 'hybrid' architecture. The project is backed by a consortium of esteemed global brands that collaborate to foster a trustworthy business environment built on a solid foundation of decentralized trust. This innovative platform empowers businesses and entrepreneurs to leverage blockchain technology effectively for value creation. GroundX envisions Klaytn as a forward-thinking solution for the future. Within the Klaytn ecosystem, Blockchain Applications (BApps) are prioritized as essential components, and we are committed to delivering exceptional performance and a highly productive setting that accommodates a diverse range of developers, from small startups to large enterprises. Ultimately, Klaytn is not just a platform; it is a gateway for innovation and growth in the blockchain space.
17

ThunderCore

ThunderCore

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ThunderCore merges exceptional performance with the principles of decentralized trust. This integration stems from extensive academic research, resulting in an EVM-compatible public blockchain that provides enhanced throughput, quicker confirmation times, and reduced costs, facilitating swift deployment and scaling of DApps. The platform features the ThunderCore Hub, which serves as a secure and user-friendly crypto wallet equipped with a comprehensive DApp browser. Users can manage their digital assets effectively while engaging with fast, scalable, and user-friendly decentralized applications that are uniquely enabled by ThunderCore's high-performance blockchain. The native currency of this independent public blockchain is Thunder Token, which aligns with the Ethereum Virtual Machine (EVM) standards. Furthermore, tokens adhering to the ERC-20 standard can be created and launched on ThunderCore, allowing developers to utilize Thunder Token for building and monetizing decentralized applications. In this way, ThunderCore empowers innovation in the blockchain space, making it an attractive option for developers and users alike.
18

smartBCH

smartBCH

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Smart Bitcoin Cash, often referred to as smartBCH, serves as a sidechain for Bitcoin Cash, designed to innovate and expand the potential of blockchain technology. It seamlessly integrates with Ethereum's EVM and Web3 API, delivering enhanced throughput for decentralized applications (DApps) in a manner that prioritizes speed, security, and decentralization. With its EVM and Web3 compatibility, smartBCH features a brief block interval tailored to facilitate DeFi applications effectively. The projected throughput can reach an impressive one billion gas every 15 seconds, making DeFi accessible to a broader audience at minimal costs. Developed entirely from the ground up, smartBCH utilizes multiple low-level libraries to harness the full capabilities of hardware, particularly its natural parallelism. Furthermore, it offers additional rewards to Bitcoin Cash miners and holders, allowing them to participate in electing Smart Bitcoin Cash validators using their hash power and locked coins. By creating trustless, non-custodial two-way pegged gateways, the platform enables secure bidirectional transfers of BCH and supports various sidechains associated with Bitcoin Cash. This innovative architecture not only enhances the ecosystem but also encourages community engagement and participation in the growth of decentralized finance.
19

Telos

Telos Blockchain

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Telos stands out as the premier network for practical applications across a variety of sectors, with Telos-based tokens, NFTs, and smart contracts already being utilized in decentralized finance (DeFi), gaming, and social media, all set against a backdrop of nearly limitless real-world applications. More than 100 projects are currently being developed on the Telos platform, and prominent brands are leveraging the Telos blockchain for tangible initiatives such as transparent hackathon evaluations and payment processing via Taikai. The network seamlessly integrates eosio C++ smart contract technology, establishing itself as the leading decentralized framework for high-throughput applications. Notably, Telos is on track to be the first EVM-compatible blockchain built upon eosio, allowing developers to deploy and operate their Ethereum applications on Telos EVM for optimal performance in DeFi. By joining Telos, you become part of a growing community of hundreds of developers and thousands of users who recognize its potential. The network emphasizes economic and geographic decentralization to enhance the security and integrity of the chain, supported by initiatives like the Telos Works proposal system and grant opportunities for emerging projects. This commitment to community-driven development fosters innovation and collaboration among its users and developers alike.
20

Godwoken

Nervos Network

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Godwoken operates as an optimistic rollup, drawing its security from Layer 1 while offering immediate transaction finality and minimal fees within an entirely Ethereum-compatible framework on the Nervos platform. This integration empowers Ethereum developers to effortlessly transfer their decentralized applications (dApps) to Nervos, positioning them within the evolving DeFi landscape. Additionally, Godwoken serves as a multi-chain solution that incorporates sophisticated account abstraction, facilitating both flexible wallet options and traditional user accounts for a more internet-like user experience. Furthermore, cross-chain assets such as ETH and ERC-20 tokens can be utilized within the dApps launched on Nervos through the innovative Force Bridge, enhancing interoperability in the ecosystem. In this way, Godwoken not only promotes accessibility but also encourages the growth of a vibrant, interconnected blockchain community.
21

Boba

Boba

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Boba represents an advanced Ethereum Layer 2 Optimistic Rollup solution designed to lower gas costs, enhance transaction speed, and broaden the functionality of smart contracts. With the assistance of community-driven liquidity pools, Boba enables rapid exits by significantly reducing the Optimistic Rollup exit timeframe from seven days to just a matter of minutes, while simultaneously offering liquidity providers enticing yield farming options. Developers within the Ethereum ecosystem will benefit from Boba’s extensible smart contracts, allowing them to create decentralized applications that utilize code executed on large-scale infrastructure like AWS Lambda, thereby facilitating the use of algorithms that would be too costly or unfeasible to run on-chain. Our approach to building Boba prioritizes both users and developers, aiming to create a practical Layer 2 solution that paves the way for the next billion users to access Ethereum. We invite you to participate in this journey and contribute to the growth of our vibrant community. Together, we can reshape the Ethereum landscape for years to come.
22

Acala

Acala

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Expand your decentralized application (DApp) to the Polkadot ecosystem using Acala, a smart contract platform that is compatible with Ethereum and specifically designed for decentralized finance (DeFi). Acala serves as Polkadot's primary network for finance and a hub for liquidity, functioning as a scalable, layer-1 solution that offers seamless integration with Ethereum while enhancing DeFi capabilities through pre-existing financial tools and liquidity options. Thanks to its trustless exchange mechanism, decentralized stablecoin known as aUSD, DOT Liquid Staking (LDOT), and EVM+ compatibility, Acala empowers developers to harness both Ethereum's advantages and the comprehensive capabilities of substrate technology. Users can interact with DOT-based assets and derivatives, access a Polkadot-native stablecoin, and engage with assets across the Polkadot ecosystem as well as cross-chain assets from Bitcoin and Ethereum. Notably, Acala’s blockchain is tailored for DeFi purposes and is designed to evolve continuously without the need for forks, allowing for the integration of new features as desired by developers. Innovative on-chain 'keepers' automate protocol functions, enhancing risk management and user experience, while also allowing transaction fees to be settled with nearly any token available. This flexibility and adaptability make Acala a formidable choice for developers looking to thrive in the DeFi landscape.
23

Metis

Metis

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The goal is to fast-track the adoption of blockchain technology for open, equitable, and decentralized business operations within the Web 3.0 framework. By establishing a user-friendly technical and organizational infrastructure, we aim to make blockchain accessible to all, enhancing both individual and professional experiences. Metis serves as a decentralized economic platform designed to facilitate the initiation, management, and expansion of any decentralized application, enterprise, or community on the blockchain with remarkable ease and scalability. Our solution can seamlessly integrate with your current platform without requiring modifications to your existing codebase. Depending on the specifics of the smart contract stack involved, the integration process onto the Metis Layer 2 network can often be completed in less than a day due to our EVM equivalence. Furthermore, Metis redistributes 30% of the transaction revenue collected each month back to the decentralized applications deployed on our Andromeda Layer 2 network. Unlike zk Rollups, which are limited in their general EVM computation capabilities, Optimistic Rollups provide a broader scope of functionality. Additionally, zk Rollups tend to create a restrictive "walled garden" environment, posing challenges for many developers attempting to deploy their decentralized applications effectively. This creates a need for more inclusive frameworks that promote wider access to decentralized technology.
24

Evmos

Evmos

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Introducing the Inter-Blockchain Communication Protocol, often referred to as IBC, which functions as the IP layer specifically designed for blockchains. IBC stands out as the most secure, decentralized method for transferring assets between various blockchains, facilitating interoperability across a multitude of chains. Evmos, utilizing the Cosmos SDK, is the pioneering IBC-compatible EVM-based chain that enhances Ethereum's capabilities by introducing composability, interoperability, and rapid finality. Built on a scalable proof-of-stake model, Evmos provides a version of Ethereum that is both efficient and adaptable. This platform enables the operation of standard Ethereum as a specialized Cosmos application blockchain, allowing developers to harness Ethereum's essential features while reaping the benefits of Tendermint's PoS framework. Additionally, being constructed upon the Cosmos SDK, Evmos is equipped to transact value seamlessly within the broader Cosmos Ecosystem via the IBC protocol, thus broadening its potential use cases and enhancing cross-chain interactions. Overall, Evmos represents a significant advancement in blockchain technology, merging the strengths of both Ethereum and Cosmos into a single, powerful platform.
25

Viction

Viction

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The Viction blockchain and its ecosystem facilitate the creation of cutting-edge blockchain initiatives. A wide range of innovative features and protocols is specifically crafted to cater to requirements of speed, privacy, usability, and liquidity, all integrated within a single platform. In a not-so-distant blockchain universe, a team of explorers embarked on a mission to discover the most sophisticated planet where they could establish their ventures. Prepare for an exhilarating journey as we delve into the quest for the ultimate planet! Viction Privacy enhances financial autonomy by enabling anonymous and secure transactions, effectively concealing the identities of transaction senders, receivers, and amounts involved. The Proof-of-Stake consensus mechanism, supported by 150 Masternodes, employs a voting system along with Double Validation and Randomization, allowing for minimal transaction fees, impressive throughput of 2,000 TPS, and rapid confirmation times of just 2 seconds, paving the way for a seamless user experience. This innovative approach not only revolutionizes transactional efficiency but also strengthens the commitment to user privacy and security.
26

Linea

Linea

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Enjoy low transaction fees and minimal delays along with high throughput, all supported by Ethereum's robust security features. This platform seamlessly integrates with widely used tools, infrastructure, IDEs, and wallets, including MetaMask, while maintaining EVM compatibility. Its award-winning prover facilitates rapid transaction finality and enables trustless withdrawals in just minutes. As an EVM-equivalent network, it enhances the Ethereum experience through effective scaling solutions. Utilizing a zero-knowledge rollup tied to Ethereum, it employs quantum-resistant, lattice-based cryptographic methods for added security. Users can explore transactions, deployed contracts, and wallet addresses through various block explorers. Begin deploying and verifying your initial smart contract on Linea with your preferred development tools, and set up your wallet to start bridging, swapping, and transacting effortlessly on the Linea network. There's a vibrant ecosystem awaiting developers and users alike, ready to leverage these innovative features.
27

Build on Bitcoin (BOB)

Build on Bitcoin (BOB)

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BOB, short for "Build on Bitcoin," represents the pioneering EVM rollup stack that incorporates native support for Bitcoin. It allows for the development of decentralized applications utilizing technologies like Ordinals, Lightning, and Nostr, enabling EVM smart contracts to reach a massive audience of 300 million Bitcoin users while providing unmatched liquidity for both BTC and stablecoins. As a versatile tool for all Bitcoin-related development, BOB offers a comprehensive wallet experience, trustless bridges, zero-knowledge proofs, cross-chain cryptography, and a variety of additional features. Whether you're delving into Bitcoin DeFi, creating decentralized Ordinals marketplaces, facilitating stablecoin transactions, or exploring gaming and SocialFi opportunities, BOB is equipped to support all your Bitcoin-building endeavors, ensuring that innovation can thrive in this ecosystem.
28

Neon EVM

Neon EVM

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Neon EVM serves as an Ethereum Virtual Machine (EVM) that enables developers to effortlessly create and launch decentralized applications (DApps) across EVM-compatible chains and Solana while utilizing their current codebases. By utilizing Neon EVM, developers can deploy contracts written in Solidity or Vyper on the Solana blockchain, taking advantage of its accelerated processing speeds and significantly lower gas costs without the need to modify their existing Ethereum DApps. This technology ensures smooth integration within the Solana ecosystem, allowing developers to use familiar EVM development tools, all supported by Solana's powerful infrastructure that offers exceptional scalability and efficiency. Combining technical expertise with user-friendly features, Neon EVM boasts comprehensive compatibility with the EVM opcode set, empowering developers to elevate the performance and creativity of their DApps. Additionally, Neon EVM enhances transaction throughput and minimizes latency through its parallel execution capabilities, which utilize Solana's innovative transaction ordering system. By transforming state storage mechanisms, Neon EVM paves the way for a new era of decentralized application development. This revolutionary approach not only streamlines processes but also fosters a vibrant environment for experimentation and advancement in the blockchain space.
29

Mantle

Mantle

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Create decentralized applications that deliver outstanding user experiences, leveraging the unmatched security of Ethereum through our advanced layer-2 network designed with a modular framework. Enjoy exceptional transaction speeds alongside robust security, utilizing Ethereum's roll-up technology in an environment compatible with the Ethereum Virtual Machine. The Mantle Liquidity Staking Protocol (LSP) serves as the second key offering within the Mantle ecosystem, allowing users to stake ETH and earn yield in the form of mETH (Mantle Staked Ether). As custodians of a substantial treasury, we focus on driving economic results for Mantle products with a strong emphasis on value creation, transparency, and responsible governance. Our commitment to these principles ensures that users can trust in the integrity and reliability of our ecosystem.
30

SX Network

SX Network

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SX is on a straightforward mission to reduce betting costs by an astonishing 90%, cutting them down from 4.8% to just 0.5%. This shift equates to an impressive tenfold enhancement over the typical industry odds. To put it simply, if you place a $100 wager on an even chance, you could see a profit of $99, which translates to a 10% increase in payouts for bettors. Unlike conventional sportsbooks where users are limited to accepting bets set by the company, SX Network operates as a peer-to-peer betting exchange, giving all participants the freedom to both place and accept bets. This innovative approach fosters more competitive odds and eliminates the potential for site owners to take advantage of users for profit. SX Bet operates on a proprietary EVM-compatible blockchain, marking it as the first fully integrated betting application chain in existence. In essence, SX redefines sports betting as a financial market where participants can achieve wins rather than merely a casino environment focused on losses. Additionally, every time a user successfully wins a bet, they not only receive their earnings but also accumulate SX tokens, further incentivizing participation in the platform.
31

Shardeum

Shardeum

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Shardeum represents a blockchain that utilizes EVM and features autoscaling capabilities. Its innovative dynamic state sharding allows for consensus to be achieved at the transaction level, which enhances speed through parallel processing and minimizes transaction fees. With a unique hybrid of proof-of-stake and proof-of-quorum for consensus and an automatic rotation feature, Shardeum prioritizes security throughout its operations. This permissionless platform empowers community members to operate nodes that boost transactions per second (TPS), enabling participation from individuals regardless of their geographical locations or backgrounds. Entirely community-driven, Shardeum is created, managed, and used by its users, aiming to onboard more than a billion individuals into the blockchain and cryptocurrency ecosystem. Similar to how the Internet functions, Shardeum seeks to foster an open, collaborative environment that democratizes access to decentralization. Additionally, Shardeum is designed as a linearly scalable smart contract platform that guarantees low gas fees indefinitely, ensuring sustainability for its users. Ultimately, Shardeum embodies the future of blockchain technology with a commitment to inclusivity and efficiency.
32

Celo

Celo

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Celo is an accessible platform that democratizes financial tools for anyone with a mobile device. It offers a global payments framework specifically designed for use on mobile platforms. A vast community of organizations and individuals collaborates to develop, enhance, and govern Celo, which is an open-source initiative that empowers users to create applications that transcend borders. With hyper-efficient incentives for light clients and full nodes, Celo achieves scalability for up to 6 billion smartphones. The platform boasts full compatibility with the Ethereum Virtual Machine (EVM), making it incredibly straightforward for newcomers to get involved. Additionally, Celo features a growing suite of native stablecoins, such as Celo Dollars, which are pegged to the value of various fiat currencies. Users can settle transaction fees using stablecoins or their own tokens, providing flexibility in payments. The ability to send money to any mobile number is made possible through Celo’s decentralized phone verification system, unlocking access to an expanding array of global cash-in and cash-out services. As a developer, you can explore, innovate, and launch projects that cater to your community by utilizing Celo's robust set of developer tools, fostering a vibrant ecosystem for financial inclusivity. Overall, Celo stands as a transformative force in the realm of mobile finance.
33

Solana

Solana Foundation

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Solana is an exceptionally rapid, secure, and censorship-resistant blockchain that offers the essential infrastructure for widespread global adoption. Leading projects in DeFi, Web3, and blockchain gaming opt to develop on Solana with a focus on long-term sustainability. Capable of handling an impressive 50,000 transactions per second, Solana sets itself apart in the blockchain space. Don’t just take our word for it—put the network to the test and witness its remarkable speed firsthand. Say farewell to exorbitant fees and sluggish transaction confirmations, as Solana is purpose-built for high velocity without compromising quality. Utilizing Proof of History alongside other innovative technologies, Solana scales in accordance with Moore's Law. There’s no need to fret about increasing costs as your user base expands; Solana maintains low fees even for applications serving billions. Its unified global state promotes seamless composability between different projects, eliminating the complexity associated with multiple shards or layer 2 solutions. With Solana, developers can focus solely on innovation, unhindered by the limitations of traditional blockchain architectures.
34

Optimism

Optimism PBC

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Ethereum's latest scalability framework ensures rapid transactions alongside efficient smart contracts. Optimism operates as a Public Benefit Corporation (PBC), which is a profit-driven entity established to create societal advantages while maintaining responsible and sustainable practices. This structure compels us to harmonize the financial interests of our shareholders with the welfare of individuals impacted by our actions, all while adhering to a specific "public benefit charter" we have adopted. The core mission of the Company is to improve and secure equitable access to internet public goods through the creation of open-source software. This charter embodies our commitment to the Ethereum community, as we strive to uphold its principles by developing infrastructure that fosters the growth and sustainability of a public goods ecosystem. In doing so, we aim not only to enhance technological innovation but also to cultivate an inclusive environment for all users.
35

zkSync

Matter Labs

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zkSync stands out as the most user-focused ZK rollup solution in the Ethereum ecosystem. This innovative scaling method has no limitations on the volume it can securely manage in Layer 2, setting it apart from other strategies. In contrast to optimistic rollups, it facilitates rapid and economically efficient transfers of assets between the ZK rollup and Layer 1. Notably, zkSync boasts the lowest transaction costs among all current and forthcoming rollups. Additionally, it offers features like meta-transactions, immediate confirmations with economic finality, and affordable privacy options. The design philosophy of zkSync emphasizes simplicity and enjoyment in the development process. Developers can easily integrate payments and atomic swaps using just a few lines of code. Moreover, zkSync allows for the creation of type-safe, functional smart contracts with Zinc, a Rust-based framework, and enables the deployment of existing EVM codebases with minimal adjustments. This combination of features makes zkSync an attractive choice for developers seeking efficiency and innovation in blockchain applications.
36

Energi

Energi

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Energi stands out as the most adaptable blockchain available today, facilitating seamless operation for premier EVM and DeFi applications. It offers robust security features and unparalleled user protection within the blockchain realm. Notably, Energi was initiated without an ICO or pre-mining, ensuring independence from venture capital or outside financial dependencies. Through its innovative dual-layer architecture, Energi is capable of processing tens of thousands of transactions each second while maintaining a high level of decentralization. In addition to its top-tier technology, Energi emphasizes optimized economic principles, guided by a forward-thinking vision and strong ethical standards. This unique combination positions Energi as a leader in the evolving landscape of blockchain technology.
37

5ireChain

5ire

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5ireChain is a smart contract platform compatible with EVM, dedicated to sustainability and aimed at creating a for-benefit ecosystem aligned with the United Nations Sustainable Development Goals (UN SDGs). Our mission is to establish a computing platform that not only encourages but also supports initiatives that contribute to these vital objectives. By fostering a community committed to sustainability, we strive to make a significant impact in achieving these goals.
38

Cronos

Cronos

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Cronos is a user-friendly platform designed to swiftly transfer applications from Ethereum and other compatible chains that utilize the EVM. It is built on Ethermint, facilitating the quick migration of applications and smart contracts from Ethereum and similar EVM-compatible networks. With a higher transaction throughput compared to Ethereum, Cronos offers a faster, cost-efficient, and environmentally friendly way to execute smart contracts. Additionally, the Inter Blockchain Communications (IBC) protocol allows for seamless interoperability and connectivity with the Crypto.org Chain and other chains that support IBC, including Cosmos Hub. The platform employs a more efficient and scalable consensus mechanism that ensures security through a diverse array of validators operated by multiple parties. The Cronos community is encouraged to engage in the review process and share feedback to enhance the platform further. Together, we can strengthen the capabilities and performance of Cronos for all users.
39

Seele

Seele

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Seele operates on the cutting-edge anti-ASIC MPoW algorithm and employs Seele Sharding Technology, enabling a remarkable throughput of 2000 transactions per second on its main-net, serving as an initial benchmark that is designed to scale further as user demand grows. Additionally, Seele fully supports EVM-compatible smart contracts. The MPoW (Matrix-Proof-of-Work) consensus mechanism, a pioneering innovation by SeeleTech, is integrated into the Seele main-net. Unlike traditional PoW systems, MPoW requires miners to calculate the determinants of sub-matrices derived from a matrix formed by n hashes, rather than relying solely on brute-force hashing to achieve the target. This multi-step process efficiently mitigates the risk of ASIC and GPU domination, ensuring a more equitable mining environment. As such, the design of Seele not only enhances performance but also promotes decentralization within its network.
40

CLV Chain

CLV

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The CLV Chain is a unique Layer 1 blockchain built on Substrate, designed to be fully compatible with EVM and capable of cross-chain interactions. It provides a robust infrastructure that supports the expansion of decentralized applications within the evolving multi-chain ecosystem. CLV facilitates efficient multi-chain indexing, enabling seamless access to data across major networks like Bitcoin, Ethereum, Binance Smart Chain, and Polkadot. Within this unified platform, users can effortlessly search for blocks, transactions, and accounts, enhancing their overall experience. To promote growth among dApp developers, CLV rewards them by distributing a portion of transaction fees, thereby cultivating a thriving community and driving innovation within the DeFi space on both Sakura and CLV. Additionally, CLV introduces a Dynamic Fee Schedule, an innovative gas calculation mechanism that offers users discounts on gas fees based on their activity levels—those who engage less are charged more, while frequent users benefit from reduced costs over time, encouraging consistent participation and engagement. This system not only incentivizes developers but also enhances user experience, contributing to a more active and interconnected blockchain environment.
41

Milkomeda

Milkomeda

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Milkomeda provides advanced rollup technologies to prominent Layer 1 ecosystems by supporting the widely-used smart contracting language, Solidity, while also improving inter-blockchain connectivity, user satisfaction, and attracting developers at the Layer 2 level. This initiative establishes a solid groundwork for non-EVM ecosystems to reap the advantages of both rollups and Solidity. Developers are given a broader array of decentralized applications (dApps) by facilitating the transition of existing projects from Ethereum. Users can enjoy faster and more cost-effective transactions while still benefiting from essential tools and expertise, ranging from core development to security assessments. Our objective is to harness the capabilities of rollups across all blockchain networks, incorporating audits at significant stages in the development process to guarantee the protocol's security. Milkomeda is capable of scaling to handle hundreds of transactions each second without compromising long-term decentralization. Additionally, we partner with various wallets to ensure that transferring assets to Milkomeda is a seamless process for users. This commitment to user experience and security strengthens our position in the blockchain ecosystem.
42

Gnosis Chain

Gnosis Chain

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Gnosis Chain stands out as one of the pioneering sidechains of Ethereum and has consistently upheld its foundational principles. With the ability for contributors from all corners of the world to effortlessly operate a node, it boasts a robust security framework supported by over 120,000 validators. The varied composition of its validator network, coupled with community-driven governance, guarantees that Gnosis Chain retains its commitment to credible neutrality while operating at a significantly lower cost compared to the main Ethereum network. As an EVM-compatible platform, it is fortified by home-based stakers globally, catering to the needs of its users. Furthermore, Gnosis Chain provides familiar tools and is on the verge of launching trustless bridges to the mainnet, enhancing its utility and accessibility. This positions Gnosis Chain as an attractive option for developers and users alike in the blockchain ecosystem.
43

Monad

Monad

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Monad stands out as a robust Layer 1 blockchain that seamlessly integrates with the Ethereum Virtual Machine (EVM). With an impressive capacity to process up to 10,000 transactions per second, it achieves block confirmations in just one second and ensures finality in a single slot. The platform is engineered to maintain low hardware demands, facilitating the efficient scaling of decentralized applications without sacrificing security or the principles of decentralization. Its innovative architecture includes advanced functionalities like optimistic parallel execution, asynchronous processing, and a tailored state database known as MonadDB, all of which enhance its overall performance and scalability. This makes Monad an attractive choice for developers seeking to build high-performance blockchain applications.
44

Cardano

Cardano

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Cardano is a revolutionary blockchain platform designed for changemakers, innovators, and visionaries, equipped with the necessary tools and technologies to foster opportunities for both individuals and communities while driving global transformation. As the first proof-of-stake blockchain, Cardano is built upon rigorous peer-reviewed research and employs evidence-based strategies for its development. This innovative platform combines advanced technologies to deliver unmatched security and sustainability for decentralized applications, systems, and societies alike. Led by a distinguished team of engineers, Cardano aims to empower individuals by transferring power away from unaccountable institutions and creating pathways for meaningful change and advancement. Additionally, Cardano seeks to rebuild trust in global systems by establishing a more secure, transparent, and sustainable framework for transactions, governance, and the growth of enterprises. Ultimately, Cardano represents a commitment to harnessing scientific principles for the betterment of society, ensuring that progress benefits everyone involved.
45

Polygon (Matic)

Polygon (Matic)

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Polygon, formerly known as Matic Network, serves as a protocol and framework designed for the creation and connection of blockchain networks that are compatible with Ethereum. While Ethereum is the preferred platform for blockchain development, it does come with certain constraints. Polygon addresses these issues by allowing for the one-click deployment of pre-configured blockchain networks, supported by an expanding array of modules that facilitate the development of custom networks. Additionally, it features an interoperability protocol that enables the exchange of arbitrary messages between Ethereum and other blockchain ecosystems, along with a modular and optional “security as a service” offering. Its adaptor modules enhance interoperability for pre-existing blockchain systems, making it easier for them to connect. By merging the strengths of Ethereum with those of independent blockchains, Polygon presents a compelling suite of features aimed at developers. Ultimately, it is crafted by developers with the specific needs of developers in mind, ensuring that it meets the demands of the blockchain community effectively.
46

Cosmos

Cosmos

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The Cosmos network represents a continuously growing ecosystem of linked applications and services designed for a future characterized by decentralization. Immerse yourself in a novel realm of interconnected services. Utilizing the Inter-Blockchain Communication (IBC) protocol, Cosmos applications and services enable seamless asset and data exchanges across independent decentralized blockchains. As the economic heart of the Cosmos, the Cosmos Hub functions as a blockchain that offers essential services for the Interchain. It is poised to launch a cutting-edge decentralized exchange that will facilitate the swapping of digital assets from various blockchains within the Interchain, boasting minimal fees and immediate transaction verifications. Additionally, the anticipated Interchain Staking feature will allow ATOM to secure multiple chains while providing users with extra staking rewards. A fundamental objective of the Hub is to link different blockchains by creating IBC connections with compatible networks and establishing decentralized bridges to prominent chains like Ethereum and Bitcoin, thereby enhancing the overall interoperability of the blockchain ecosystem. Ultimately, Cosmos aims to create a more connected and efficient digital landscape.
47

Harmony

Harmony

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Harmony is a fast and open blockchain. Our mainnet runs Ethereum applications at a speed of two seconds and with 100 times lower fees. Harmony's secure bridges allow cross-chain asset transfers between Ethereum, Binance, and other chains. Harmony is a platform that allows creators to connect with the community. Harmony's bridges are able to connect any Proof of Work and Proof of Stake chains. FlyClient architecture is completely trustless and extremely gas-efficient. Our bridges for Ethereum or Binance Smart Chain currently secure tens to millions of cross-chain assets. Developers can simply change the Chain ID to enjoy faster executions of EVMs identical at bytecode level. They can easily migrate to Harmony using their familiar Web3 tooling. What about users? Users can use MetaMask and Ledger as usual, but they will now only have to pay minimal fees. Any Ethereum portal or wallet can work on Harmony without any code modifications or new installs.

Overview of EVM-Compatible Blockchains

EVM-compatible blockchains refer to a category of blockchain networks that are capable of running smart contracts and decentralized applications (DApps) written in Ethereum's native programming language, Solidity. The term "EVM" stands for Ethereum Virtual Machine, which is a runtime environment that executes the code of smart contracts on the blockchain.

To understand EVM-compatible blockchains, it is important to first have an understanding of Ethereum and its unique features. Ethereum was launched in 2015 as a decentralized platform designed to enable the creation and deployment of smart contracts and DApps. Smart contracts are self-executing agreements that contain the terms and conditions of a contract between two parties. They are coded onto the blockchain, which ensures their immutability, transparency, and tamper-proof nature.

The EVM is essentially a virtual machine that runs on top of each node in the Ethereum network. It is responsible for processing transactions and executing smart contracts in a secure and deterministic manner. This allows developers to build complex applications with programmable logic that can be executed autonomously without any third-party intervention.

So what makes EVM-compatible blockchains different from other types of blockchains? One key difference is their ability to support smart contract execution through an autonomous virtual machine. This means that they can process instructions written in Solidity, which is the most commonly used programming language for writing smart contracts on Ethereum.

Another important aspect of EVM-compatible blockchains is their ability to interact with other compatible networks through cross-chain communication protocols such as Cosmos or Polkadot. This enables interoperability between different blockchain ecosystems, allowing users to access services and applications across multiple networks seamlessly.

One notable example of an EVM-compatible blockchain is Binance Smart Chain (BSC), which was launched by popular cryptocurrency exchange Binance in 2020. BSC runs parallel to the main Binance Chain but offers compatibility with Ethereum's tooling ecosystem, including wallets, DApps, and decentralized exchanges (DEXs). This allows developers to port their existing Ethereum-based projects onto BSC with minimal effort.

Another popular EVM-compatible blockchain is Tron, which has gained attention for its high transaction throughput and low fees. The Tron network also supports Solidity smart contracts and offers a platform for developing DApps in various industries such as gaming, finance, and content sharing.

One of the main advantages of using EVM-compatible blockchains is their ability to tap into the vast developer community of Ethereum. Since most developers are already familiar with Solidity and other Ethereum-based tools, it becomes easier for them to transition to these networks and build new applications. Additionally, compatibility with Ethereum also allows for the seamless integration of ERC-20 tokens, which can help drive adoption and liquidity on these networks.

However, there are some drawbacks to consider when using EVM-compatible blockchains. As these networks become more popular and attract more users, they may experience congestion that leads to slower transaction speeds and higher fees. This has been a recurring issue on the Ethereum network as well as other EVM-compatible chains like BSC. Furthermore, since these networks are decentralized, any issues or bugs in the smart contract code will be difficult to rectify once deployed.

EVM-compatible blockchains offer a powerful platform for developers to build decentralized applications while tapping into the benefits of interoperability with other blockchain ecosystems. They have opened up new possibilities for innovation in various industries and continue to attract interest from developers worldwide. However, they also face challenges such as scalability issues and potential security risks that need to be addressed in order for them to reach their full potential as viable alternatives to traditional centralized systems.

Reasons To Use EVM-Compatible Blockchains

Interoperability with Ethereum: EVM-compatible blockchains are designed to be compatible with the Ethereum Virtual Machine (EVM). This means that smart contracts and DApps developed on the Ethereum blockchain can also run seamlessly on these EVM-compatible blockchains without any changes or modifications. This provides developers with a wider ecosystem to explore and deploy their projects, as well as increases interoperability between different platforms.
Familiarity for Developers: The EVM is a widely used and popular platform for developing DApps and smart contracts. By utilizing an EVM-compatible blockchain, developers do not have to learn a new programming language or build from scratch on a different platform. They can easily migrate their existing projects onto the new blockchain, saving time and resources.
Cost-effective: Developing on an EVM-compatible blockchain can be more cost-effective compared to building on other platforms. Since most of the tools and development kits required for building DApps are already available for free in the Ethereum community, developers can save money on development costs by choosing an EVM-compatible blockchain instead of building from scratch.
Network Effects: Due to its widespread adoption, there is a large network effect associated with Ethereum-based projects and communities. By using an EVM-compatible blockchain, projects can tap into this existing network effect, resulting in increased visibility and potential user base.
Access to Diverse Use Cases: The compatibility with the EVM opens up access to a wide range of use cases that have been developed or are being developed within the Ethereum ecosystem. These include financial applications like decentralized finance (DeFi), gaming, supply chain management, voting systems, and identity management solutions, among many others.
Improved Security: As most security vulnerabilities related to smart contracts and DApps arise due to coding errors rather than flaws in the underlying technology itself, utilizing an established codebase like that of the EVM reduces such risks. Additionally, the large and active Ethereum community can help identify and fix any potential vulnerabilities quickly.
Better Scalability: EVM-compatible blockchains are working on improving their scalability to handle a larger number of transactions per second. With the rise in popularity of DApps, this is an essential aspect for blockchain platforms to address. By building on an EVM-compatible blockchain, projects can take advantage of these improvements without having to switch to a different platform.
Customizable: While being compatible with the EVM means that developers don't have to learn new programming languages or build from scratch, it also offers room for customization. Developers can tailor their smart contracts and DApps according to their specific needs while still following the standard rules and protocols set by the EVM.
Improved Governance: One of the key features of smart contracts is their ability to execute automatically based on predefined conditions. This eliminates human intervention, reducing chances of fraud or manipulation. By using an EVM-compatible blockchain, projects can ensure transparent and decentralized governance through smart contract automation.
Flexibility in Token Creation: The EVM supports the creation and deployment of custom tokens known as ERC-20 tokens. These tokens are widely used in ICOs (Initial Coin Offerings) as well as in various DApps built on Ethereum-based blockchains. By utilizing an EVM-compatible blockchain, projects can create and distribute their own custom tokens seamlessly within the existing ecosystem.

There are numerous reasons why utilizing an EVM-compatible blockchain may be beneficial for developers looking to build decentralized applications or migrate existing projects onto a different platform. From cost-effectiveness and improved security to access to diverse use cases and flexibility in token creation, these blockchains offer a range of advantages that make them attractive options for developers seeking compatibility with Ethereum's popular ecosystem.

Why Are EVM-Compatible Blockchains Important?

EVM-compatible blockchains refer to blockchain platforms that are designed to be compatible with the Ethereum Virtual Machine (EVM). This means that they use the same programming language and smart contract functionality as Ethereum, allowing developers to easily port their DApps from one platform to another. This concept of EVM compatibility has gained a lot of attention in recent years, especially with the rise of new blockchain projects that aim to offer similar functionalities as Ethereum. In this response, we will discuss why EVM-compatible blockchains are important and how they can benefit the overall blockchain ecosystem.

Firstly, EVM-compatible blockchains promote interoperability between different blockchain networks. With the growing number of blockchain projects emerging every day, there is a need for seamless communication between these platforms. EVM compatibility allows DApps developed on one blockchain network to be used on another without any major modifications or changes. This facilitates cross-chain transactions and promotes wider adoption of decentralized applications by providing users with more options and flexibility.

Another reason why EVM-compatible blockchains are crucial is because they reduce development time and costs for DApp creators. As mentioned earlier, having an existing codebase that can be easily ported over saves developers from starting from scratch when creating DApps for different networks. This not only speeds up development but also lowers associated costs since developers do not have to hire multiple teams or rewrite code for each network they want their DApp to run on.

Moreover, EVM compatibility potentially attracts more developers into the blockchain space by making it easier for them to transition from traditional software development environments. The majority of developers today are familiar with mainstream languages like Solidity which is used in writing smart contracts on the Ethereum platform through the EVM. By utilizing a common programming language across multiple platforms, newer projects can leverage existing developer communities while also keeping entry barriers low for new ones.

Furthermore, EVM-compatible blockchains promote innovation within the industry. By providing a level playing field for developers to build their DApps on, competition increases leading to more innovative solutions. This is because the EVM allows for quicker prototyping and easier testing of new ideas, encouraging experimentation within the blockchain space.

EVM compatibility also offers an added layer of security to newer blockchain networks. Since the EVM has been extensively tested and used in different applications on Ethereum for several years now, it has proven its robustness and security over time. By using it as a baseline, newer blockchains can avoid potential vulnerabilities that may arise when creating custom virtual machines from scratch.

Having multiple EVM-compatible blockchains means that there are alternative platforms available which may offer better scalability or lower transaction fees compared to Ethereum. This provides users with more options and potentially leads to healthy competition between networks, resulting in improved services and user experiences overall. As we have seen in recent years with the rise of layer 2 solutions like Polygon (formerly Matic Network), which is an EVM-compatible sidechain for Ethereum, alternative platforms can often enhance performance and provide cost-efficient solutions while still maintaining interoperability with the main Ethereum network.

EVM-compatible blockchains play a vital role in promoting interoperability between different blockchain networks while fostering innovation and development within the industry. They lower entry barriers for developers by leveraging familiar programming languages and existing communities while also offering potential benefits such as increased security and improved scalability. With the constant growth of new projects in the decentralized finance (DeFi) space, it will be interesting to see how EVM compatibility continues to shape this landscape in the future.

EVM-Compatible Blockchains Features

Smart Contract Capability: One of the most significant features provided by EVM (Ethereum Virtual Machine)-compatible blockchains is their ability to support smart contracts. Smart contracts are self-executing contracts with the terms of the agreement between buyer and seller written into lines of code. These digital contracts ensure secure, transparent, and efficient execution without the need for intermediaries.
Decentralized Applications: EVM-compatible blockchains offer a platform for developers to build decentralized applications or DApps. These are applications that run on a peer-to-peer network rather than on a centralized server, making them more resistant to censorship and single points of failures. As these DApps utilize smart contract capability, they can provide various services such as lending, prediction markets, gaming platforms, etc., without any central authority controlling them.
Interoperability: Another critical feature offered by EVM-compatible blockchains is interoperability. It refers to the ability of different blockchain networks to communicate with each other and exchange data seamlessly. This feature enables developers to integrate existing decentralized systems or build new ones that can interact with other blockchain protocols.
Turing Complete Programming Language: The EVM is equipped with a turing-complete programming language called Solidity, which allows developers to write complex codes for their DApps efficiently. Solidity's syntax is quite similar to popular programming languages like C++ and JavaScript, making it easier for programmers to adapt quickly.
Consensus Mechanism: EVM-compatible blockchains employ consensus mechanisms like Proof-of-Work (PoW) or Proof-of-Stake (PoS) algorithms that enable reaching an agreement among multiple nodes in a decentralized network about adding new blocks of transactions on the blockchain accurately.
Scalability: Scalability has been one of the key challenges faced by blockchain networks due to their limited processing capacity per second compared to traditional centralized systems such as Visa or Mastercard which can handle thousands of transactions per second. However, EVM-compatible blockchains are continuously working on implementing solutions like sharding and layer-2 protocols to increase their scalability.
Tokenization: With the help of smart contracts, EVM-compatible blockchains allow tokenization of assets, which means representing real-world assets such as fiat currency, commodities, or stocks in a digital form on the blockchain. This enables fractional ownership and easier transfer of assets without any intermediaries.
Immutability: EVM-compatible blockchains have an immutable ledger that cannot be altered or manipulated once the data is recorded on it. This feature ensures transparency and trust in the system since all transactions are stored permanently and can be verified by anyone at any time.
Governance: The governance model of EVM-compatible blockchains involves decision-making processes that involve stakeholders' participation in maintaining and upgrading the protocol to keep up with technological advancements continually. The upgrade process requires majority consensus from developers and users who hold stakes in the blockchain network.
Low-cost Transactions: As EVM-compatible blockchains use cryptocurrencies as a medium of exchange for transactions, they eliminate third-party fees associated with traditional banking systems or other centralized platforms like app stores. Furthermore, these networks have significantly lower transaction fees compared to Ethereum due to higher throughput capacity and lower congestion levels.
Community Development: One essential feature offered by EVM-compatible blockchains is community development through open source contributions from developers worldwide who continuously work towards improving the protocol's functionalities and security aspects. This helps establish a vibrant ecosystem around these networks that drives innovation and adoption forward.

Who Can Benefit From EVM-Compatible Blockchains?

Businesses: EVM-compatible blockchains can benefit businesses of all sizes by providing them with a decentralized and secure platform for storing and managing their data. The compatibility with Ethereum smart contracts also allows businesses to automate various processes, reduce costs, and increase efficiency.
Developers: EVM-compatible blockchains provide developers with a familiar environment for building DApps. This not only makes the development process easier but also encourages innovation as developers can focus on creating new DApps instead of learning a new programming language or framework.
Investors: With the increasing popularity of Initial Coin Offerings (ICO), investors can benefit from EVM-compatible blockchains by participating in token sales through these platforms. This gives them access to a wide range of investment opportunities, without having to go through traditional channels like stock exchanges.
Individuals: EVM-compatible blockchains offer individuals the opportunity to participate in a decentralized economy where they have full control over their assets and transactions. They can use these platforms for various purposes such as making payments, trading tokens, or even creating their own DApps.
Non-profit organizations: EVM-compatible blockchains can be used by non-profit organizations to provide transparency and accountability in their operations. By recording all transactions on the blockchain, donors can easily track how their contributions are being used and ensure that donations are reaching the intended recipients.
Government entities: Governments around the world are exploring the use of blockchain technology for various purposes such as voting systems, record keeping, and supply chain management. As EVM-compatible blockchains offer high levels of security and immutability, they could potentially benefit governments by reducing fraud and ensuring trust in public services.
Academia: The open source nature of EVM-compatible blockchains makes it an ideal platform for academic research. Researchers can build upon existing projects or create their own experiments using real-world data stored on the blockchain. This provides an innovative way to study economics, game theory, and other topics related to blockchain technology.
Blockchain enthusiasts: For those interested in the world of blockchain technology, EVM-compatible blockchains offer a wide range of opportunities. They can participate in various online communities, contribute to open source projects, or even create their own DApps without any prior knowledge of coding.
Developing countries: Developing countries with underdeveloped financial and governmental systems can benefit from EVM-compatible blockchains as they provide a transparent and secure platform for managing assets and conducting transactions. This could potentially reduce corruption, stimulate economic growth, and empower individuals in these countries.
Social impact organizations: With the rise of social impact investing, EVM-compatible blockchains present an opportunity for social impact organizations to access funding through token sales or crowdfunding campaigns. These platforms also provide transparency and accountability for how funds are used, ensuring that resources are used effectively to achieve social goals.

How Much Do EVM-Compatible Blockchains Cost?

The cost of EVM-compatible blockchains varies depending on a variety of factors such as the size and complexity of the network, the popularity and demand for its tokens, and the level of development required.

Firstly, let's define what an EVM-compatible blockchain is. EVM stands for Ethereum Virtual Machine, which is essentially a software platform that allows developers to create DApps on top of the Ethereum blockchain. An EVM-compatible blockchain is any other blockchain network that can execute Smart Contracts written in Solidity, the most popular programming language for building DApps on Ethereum.

One major factor that influences the cost of an EVM-compatible blockchain is its market demand. The more popular a network becomes, the more people want to use it and build on top of it. This increases competition among users for transaction fees or gas prices in order to have their transactions processed faster by miners. As a result, gas prices can significantly increase during times of high traffic, driving up costs for users.

Additionally, an EVM-compatible blockchain may also require significant development costs upfront. Building a secure and scalable platform takes time and resources. Developers need to consider factors such as security audits, bug bounties, ongoing maintenance costs, and integration with external services or protocols. These costs can add up quickly and impact the overall price tag of running an EVM-compatible blockchain.

Another element that influences cost is storage capacity. Since all transactions are stored permanently on-chain within a decentralized ledger system like Ethereum or its forks (e.g., Binance Smart Chain), networks must maintain enough storage space to save all data generated by smart contracts successfully. As usage increases over time with new projects being built on top of these platforms every day - this means higher storage requirements leading to higher costs associated with maintaining these blockchains.

Moreover, decentralization adds another layer of expense because instead of relying solely on centralized servers managed by companies like AWS or Azure, EVM-compatible blockchains require a network of nodes that are geographically dispersed and operated by different individuals or entities. Maintaining these nodes to secure the network incurs costs for storage, bandwidth, and other related expenses.

The cost of EVM-compatible blockchains can vary significantly depending on their popularity and demand, development requirements, storage capacity needs, as well as decentralization efforts. These factors contribute to an overall higher cost compared to traditional centralized systems but offer the benefits of a more open and transparent ecosystem that promotes innovation and security. As blockchain adoption continues to grow and new use cases emerge, we can expect the costs of EVM-compatible blockchains to remain high but also provide ample opportunities for businesses and developers alike.

EVM-Compatible Blockchains Risks

Vulnerability to Smart Contract Bugs: EVM-compatible blockchains rely heavily on smart contracts, which are lines of code that execute automatically. Any vulnerability or bug in these smart contracts could lead to significant financial losses for users. For example, the infamous DAO hack on the Ethereum blockchain resulted in the theft of over $50 million worth of Ether due to a flaw in one of its smart contracts.
Susceptibility to 51% Attacks: Like other blockchain networks, EVM-compatible blockchains are also vulnerable to 51% attacks, where an attacker gains majority control over the network's computing power and can manipulate transactions. This can lead to double-spending and other malicious activities that can disrupt the integrity and trust of the entire network.
Lack of Regulation: The decentralized nature of EVM-compatible blockchains means that there is no central authority overseeing their operations or enforcing regulations. This makes it difficult for users to seek legal recourse in case they fall victim to fraud or scams within these networks.
High Volatility: Most cryptocurrencies built on EVM-compatible blockchains experience high levels of volatility, making them risky investment options. The value of these digital assets can fluctuate significantly based on market factors, news events, and even social media sentiments.
Security Risks from Third-party Applications: Many developers build applications and services that run on top of EVM-compatible blockchains. While this enhances usability and functionality, it also opens up potential security risks if these third-party apps are not properly audited or secure. Users must be cautious when using such applications as they may put their funds at risk.
Forking Risk: Hard forks in a blockchain network occur when there is a fundamental disagreement between developers and participants regarding its future direction. This results in a new version being created with different rules governing its operation, potentially leading to disruption and investor uncertainty.
Regulatory Scrutiny: As more people adopt cryptocurrencies built on EVM-compatible blockchains, they are attracting the attention of regulatory bodies globally. Governments and financial institutions are still grappling with how to classify and regulate these digital assets, leading to uncertainty and potential restrictions on their use.
Network Congestion: The increasing popularity of EVM-compatible blockchains has led to congestion on some networks like Ethereum. This has resulted in high transaction fees and slower processing times, making it less attractive for users looking for fast and cost-effective transactions.
Lack of User Education: Many people who enter the world of EVM-compatible blockchains do so without fully understanding how they work or their risks. This can lead to losses due to careless mistakes such as sending funds to the wrong address or falling victim to phishing scams.
Environmental Impact: EVM-compatible blockchains rely on complex algorithms that require significant computing power, resulting in high energy consumption. As more people join these networks, the environmental impact becomes a growing concern, especially in light of climate change concerns.

What Software Can Integrate with EVM-Compatible Blockchains?

EVM-compatible blockchains, such as Ethereum, have gained popularity due to their ability to support smart contracts and DApps. These blockchains also offer open source platforms for developers to build on top of, allowing for a wide range of software integrations. Some types of software that can integrate with EVM-compatible blockchains include:

Decentralized Applications: DApps are software applications that run on a decentralized blockchain network rather than relying on a central authority. Since EVM-compatible blockchains provide an environment for executing smart contracts, DApps can easily integrate with them.
Wallets: Cryptocurrency wallets are essential tools for managing digital assets on the blockchain. EVM-compatible blockchains typically have their own native wallet or support third-party wallets to securely store and manage tokens.
Exchanges: Cryptocurrency exchanges allow users to buy, sell, and trade digital assets. These platforms need to interact with different blockchain networks to facilitate transactions; thus, they can integrate with EVM-compatible blockchains to enable trading of tokens built using the same protocol.
DeFi protocols: Decentralized finance (DeFi) has emerged as one of the most popular use cases for EVM-compatible blockchains. DeFi protocols allow users to lend, borrow, trade and earn interest on their cryptocurrency holdings without intermediaries.
Gaming platforms: Ethereum-based games have become increasingly popular over recent years due to the use of non-fungible tokens (NFTs) allowing players ownership and control over in-game items or characters This integration is possible because smart contracts make it easy to program game logic into the blockchain.
Supply chain management systems: Blockchain technology offers transparency and immutability which makes it suitable for supply chain management systems across industries such as agriculture, pharmaceuticals, retail and more. Integration with an EVM-compatible blockchain allows these systems access to secure data storage and automated execution of contracts.
Oracles: Oracles are third-party services that provide external data to the blockchain for smart contract execution. EVM-compatible blockchains can integrate with various oracle providers to retrieve real-world information, such as market prices, weather data, or stock exchange rates.

EVM-compatible blockchains offer a versatile platform for integration with various types of software applications, providing immense potential for innovation and growth in the blockchain industry.

Questions To Ask When Considering EVM-Compatible Blockchains

What is the underlying consensus mechanism? This is an important question to ask as it determines how transactions are validated on the blockchain and ensures the security and immutability of the network. EVM-compatible blockchains may use different consensus mechanisms such as proof-of-work (PoW), proof-of-stake (PoS), or delegated proof-of-stake (DPoS). It is crucial to understand how these mechanisms work and their potential impact on the performance, scalability, and decentralization of the blockchain.
How scalable is the blockchain? Scalability has been a major challenge for many blockchain networks, including those compatible with EVM. As more applications are built on top of a blockchain, its capacity to process a large number of transactions becomes critical. Understanding the current and planned scalability solutions implemented by an EVM-compatible blockchain can help assess its potential for mass adoption.
What type of smart contracts can be deployed? The compatibility with EVM does not necessarily guarantee that all types of smart contracts can be deployed on a particular blockchain. Different blockchains may have varying levels of support for certain programming languages or features, which could limit the capabilities of developers to create sophisticated applications. It is best to inquire about any limitations or constraints in deploying smart contracts on an EVM-compatible blockchain.
Are there any governance protocols in place? Governance plays an essential role in ensuring that a blockchain remains decentralized and continues to evolve according to changing community needs. Some EVM-compatible blockchains might have established governance protocols in place, while others may rely solely on community-driven decision-making processes without formal structures or procedures.
What token standards are supported? Ethereum's ERC-20 token standard has become widely adopted as it enables interoperability between different applications built on top of Ethereum's network. However, other standards such as ERC-721 for non-fungible tokens (NFTs) have also gained popularity. The compatibility with various token standards is crucial for the seamless integration of applications and services within an EVM-compatible blockchain ecosystem.
How user-friendly is the development environment? Developing on top of a blockchain can be a challenging task, even for experienced developers. However, some EVM-compatible blockchains have put efforts into providing easy-to-use developer tools and frameworks that simplify the process of building DApps. It is worth considering how friendly and accessible these environments are to create a more efficient and productive development experience.
What is the level of decentralization? Decentralization is one of the core principles behind blockchain technology as it aims to provide trustlessness, censorship resistance, and transparency. Understanding how decentralized an EVM-compatible blockchain is can help evaluate its security capabilities and potential vulnerability to attacks or manipulation by malicious actors. It also provides insight into how decisions are made on the network and whether there are any centralized points of control.
How high are the network fees? Transaction fees on blockchains vary depending on factors such as network congestion, complexity of transactions, or type of consensus mechanism used. As with scalability, high transaction fees can hinder adoption by making it costly for users to interact with DApps built on top of an EVM-compatible blockchain. It would be beneficial to inquire about current fee structures as well as any planned solutions to mitigate high transaction costs.
Are there any interoperability capabilities? The ability for different blockchains to communicate and interact with each other has become increasingly important in creating a truly interconnected decentralized ecosystem. Some EVM-compatible blockchains have implemented interoperability solutions, while others might lack this functionality altogether. Inquiring about interoperability capabilities can provide valuable insights into future growth opportunities for both developers and end-users.
Is there a strong community supporting the project? A strong community supporting an EVM-compatible blockchain indicates a growing interest in its potential use cases, which could provide a positive outlook for its long-term success. It is worth researching the community's size, its level of engagement, and the involvement of key stakeholders such as developers and businesses in the project. A vibrant community can also foster innovation and provide valuable feedback to improve the blockchain's functionality.

Best EVM-Compatible Blockchains

Velas

TRON

Reef

Fantom

Arbitrum

Taiko

Vision Chain

Base

Ethereum

Kava

BNB Smart Chain (BSC)

Avalanche

Starknet

Moonbeam

Moonriver

Klaytn

ThunderCore

smartBCH

Telos

Godwoken

Boba

Acala

Metis

Evmos

Viction

Linea

Build on Bitcoin (BOB)

Neon EVM

Mantle

SX Network

Shardeum

Celo

Solana

Optimism

zkSync

Energi

5ireChain

Cronos

Seele

CLV Chain

Milkomeda

Gnosis Chain

Monad

Cardano

Polygon (Matic)

Cosmos

Harmony