What are the EVM public chains? Common EVM public chain inventory

EVM compatible public chains: Opening a new era of blockchain interoperability

EVM-compatible public chains play an important role in the cryptocurrency market. They realize interoperability between different blockchain networks, greatly improve user experience, and give birth to a more interconnected and efficient blockchain ecosystem. This article will explore the major EVM-compatible public chains on the market in depth and analyze their advantages.

Mainstream EVM compatible public chain:

At present, common EVM-compatible public chains on the market include Avalanche, Binance Smart Chain, Cardano, TRON and ThunderCore. EVM compatibility means that these blockchains can run smart contracts written by Ethereum Virtual Machine (EVM). This is not only a technological breakthrough, but also represents a new direction for the development of blockchain technology.

1. Avalanche: Avalanche is a blockchain platform that can execute universal smart contracts. As a Layer-1 (L1) blockchain, it is able to connect sidechains and support Layer-2 (L2) solutions (which Avalanche calls subnets). It is regarded as a strong contender for Ethereum, known for its lower transaction fees and faster transaction speeds.

2. Binance Smart Chain (BSC): BSC is an EVM-compatible blockchain platform that can also run universal smart contracts. As L1 of the BNB Chain ecosystem supported by the Binance Exchange, it is widely popular for its fast trading and low fees.

3. Cardano: Cardano is a blockchain platform that adopts the Proof of Stake Mechanism (PoS) committed to promoting positive global change and supporting innovators. It is an open source platform designed to build a safer, transparent and equitable society.

4. TRON: TRON Virtual Machine (TVM) is a compact Turing complete system designed for the TRON ecosystem, dedicated to providing efficient, stable, scalable and secure blockchain solutions. TVM-compatible tokens are implemented through TRC-20 smart contracts and are fully compatible with the ERC-20 standard.

5. ThunderCore: ThunderCore:

   ThunderCore is a new generation of blockchain public chain platform that solves many challenges faced by existing blockchains and achieves rapid, high scalability, security, and compatibility with EVM. It is based on the PoS mechanism and provides strong support for developers in the fields of Web3, DeFi, NFT, GameFi and Metauniverse.

The significance of EVM compatibility:

EVM compatibility means that the blockchain can execute Ethereum smart contracts. Developers can deploy the same smart contracts on various EVM-compatible blockchains with just a small amount of code adjustments. This enables smart contracts to interact seamlessly among different blockchains, thereby facilitating the development of multi-chain decentralized applications (dApps).

While not all EVM compatible blockchains are L2 networks, many L2 networks have EVM compatibility. The L2 network focuses on scalability and efficiency, and they run on the Ethereum main network and inherit the advantages of the Ethereum ecosystem, including its tools, technology and user base. These networks often use technologies such as optimistic summary or zk-rollups to improve performance, thereby reducing transaction fees and increasing throughput.

EVM compatibility is the core driving force of the development trend of blockchain interoperability. It not only supports shared smart contracts, but also supports shared infrastructure, security models and development frameworks, simplifying the development process and expanding the potential user base of dApps.

Summary:

EVM compatible with the diversification and dynamic development of public chains, injecting new vitality into the blockchain ecosystem. While solving the scalability problem of Ethereum, they also drive progress in the entire blockchain field. These EVM-compatible public chains use EVM technology to meet the broad needs of developers and users, and continue to promote the prosperity of the crypto market.

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