NULS is thrilled to announce a strategic partnership with DWF Labs, the global digital asset market maker, and multi-stage web3 investment firm. By partnering with DWF Labs, we seek to foster the growth of the NULS ecosystem projects and thrive to deliver the most trustworthy products and services within our ability to our community.

In addition to the independently developed NVM blockchain, NULS has recently launched the ENULS blockchain network that is fully compatible with EVM, which will help developers easily create a project in the NULS ecosystem.

“We are excited to embark on a strategic partnership with NULS, an innovative blockchain platform that simplifies the development process and empowers businesses to implement cutting-edge technologies. NULS’ fluid, cost-effective, and time-saving solutions are a game-changer for developers with minimal blockchain experience, and we at DWF Labs are dedicated to supporting and nurturing the growth of this groundbreaking project. Our collaboration with NULS aligns perfectly with our mission to facilitate the development of efficient and affordable blockchain-based solutions for a wide range of applications.” — Andrei Grachev, Managing Partner, DWF Labs”

We look forward to cooperating with DWF Labs to better help the construction of the NULS ecosystem in the future. NULS has a good blockchain underlying foundation, and our goal is to become one of the world’s major blockchain technology adoption solutions. The ChainBox provided by NULS can help other projects quickly customize their own blockchains. It is simpler than Cosmos-SDK and adopts a microservice structure. It can use different programming languages to write a microservice module.

“By partnering with DWF Labs, one of the leading digital asset market makers and multi-stage Web3 investment firms across the globe, relying on their professional skills and services, we believe that the liquidity and performance of NULS assets can be enhanced. NULS is always committed to facilitating the development of cost-effective and efficient solutions using blockchain technology, and our products and services perfectly match this mission. With DWF joining our alliance, we foresee a future for both parties that is exuberant, promising, and decentralized.” — Reaper, the co-founder of NULS blockchain.

About DWF Labs

DWF Labs is the global digital asset market maker and multi-stage Web3 investment firm, supporting portfolio companies from token listing to market making to OTC trading solutions.

With offices in Singapore, Switzerland, the UAE, Hong Kong, South Korea, and BVI, the investment company DWF Labs is an affiliate of Digital Wave Finance (DWF), which consistently ranks among the top 5 trading entities by volume in the cryptocurrency world through its proprietary technology for high-frequency trading.

For more information visit www.dwf-labs.com

About NULS

NULS is a blockchain infrastructure that provides customizable services and global open-source community blockchain projects. NULS adopts micro-services to achieve a highly modular underlying architecture, using smart contracts and cross-chain technologies, combined with the ability of ChainBox to quickly build chains, reduce development costs, and accelerate blockchain business application landing.

#NULS #ENULS #EVM #Binance #BTC

The rise of blockchain technology has attracted significant interest from investors worldwide. Blockchain's potential to disrupt traditional and new industries makes it an attractive investment opportunity. However, with hundreds of blockchain projects and tokens on the market, it can take time to identify which ones are worth investing in.

One project that investors should keep an eye on is Beonechain. Beonechain is a revolutionary solution that addresses traditional blockchain networks' challenges, such as scalability, speed, and security. Its unique features and potential use cases make it an ideal investment opportunity.

Beonechain's key feature is its unbeatable speed in the finality process. Traditional blockchain networks can take several minutes or even hours to process transactions, resulting in user delays and frustration. Beonechain, on the other hand, provides near-instant transaction processing times, making it an ideal solution for businesses that require fast and efficient transaction processing.

The network achieves its fast transaction processing speed through a unique consensus mechanism that combines Proof of Stake (PoS) and Proof of Authority (PoA) algorithms. This consensus mechanism allows the network to process transactions quickly while maintaining high levels of security and decentralization.

Another critical feature of Beonechain is its use of sharding, a technique that enables the network to be partitioned into smaller sub-networks or shards. This technique facilitates the parallel processing of transactions, enhancing the network's speed and scalability.

Beonechain is also fully compatible with the Ethereum Virtual Machine (EVM). This compatibility enables developers to build decentralized applications (dApps) on the network using popular programming languages such as Solidity and Vyper. Beonechain's interoperability makes it a versatile and robust solution for various use cases.

In conclusion, Beonechain's unique features and potential use cases make it an ideal investment opportunity. Investors should keep an eye on its fast transaction processing speed, unique consensus mechanism, and compatibility with the EVM network. As blockchain technology continues to evolve, Beonechain is well-positioned to disrupt traditional industries and create new ones. Investing in Beonechain could be a lucrative opportunity for investors looking to capitalize on the potential of blockchain technology.

#Investing #Blockchain #Beonechain #EVM #Sharding #ConsensusMechanism #dApps #salmonation

Cardano blockchain is making significant strides towards becoming the largest EVM chain in the crypto industry, as announced by Milkomeda co-founder Sebastien Guillemot.

The Milkomeda protocol is set to launch a new feature next month that will enable Cardano users to access EVM contracts directly from their Cardano Wallet, a move that could instantly make Cardano one of the largest EVM chains by user count.

Furthermore, the Milkomeda protocol plans to roll out staking rewards to all EVM users, including smart contract developers, making Cardano the largest EVM chain with full staking rewards. This move is expected to attract more developers to the Cardano network, and the ADA coin could potentially become a popular choice for DApps development.

While the development is exciting news for Cardano and its users, some expressed their dissatisfaction as they view Cardano as a standalone blockchain network. Nevertheless, the Milkomeda protocol’s ability to enable Cardano users to access the Ethereum Virtual Machine (EVM) directly through the Cardano Wallet will undoubtedly provide more opportunities for developers to build DApps similar to how they are built on the Ethereum network.

Overall, Cardano’s ambition to become the top EVM chain in the crypto industry is a promising development that could propel the network’s growth and adoption in the coming months.

#Cardano #ADA #EVM #Milkomeda #azcoinnews

This article was republished from azcoinnews.com

The way #Cardano users access #Ethereum Virtual Machine (EVM) contracts is about to change thanks to a forthcoming feature on Milkomeda.

This functionality will increase the value of the network for both users and developers by enabling #ADA users to access #EVM contracts directly from any ADA wallet. Milkomeda is a network that links EVM contracts to blockchains like Cardano and Algorand, improving the interoperability of various #blockchain networks.

Sebastien Guillemot, CEO of Milkomeda, recently tweeted that staking rewards for all EVM users—including those who create smart contracts—would soon be made available. Developers and users who will be able to get incentives for their contributions to the Cardano network will benefit greatly from this development.

Additionally, this feature will enable Solidity-based dapp and decentralized finance (DeFi) applications to be created on the ADA network by Ethereum application developers. Developers won't have to download new toolkits or pick up a new language thanks to this functionality because Ethereum is coded in the Solidity programming language. This boosts the utility of Cardano tokens for holders by enabling them to be utilized with applications instead of ether.

This new Milkomeda function will revolutionize the blockchain sector. It improves blockchain network compatibility and increases the usability of the ADA network for programmers and consumers. Developers and users have a lot to look forward to with the ability to access EVM contracts directly from any Cardano wallet and receive staking incentives.

This news is republished from https://coinaquarium.io/

EVM stands for Ethereum Virtual Machine. It is a Turing-complete virtual machine that runs on the Ethereum blockchain. The EVM is responsible for executing smart contracts, which are self-executing contracts that are stored on the blockchain.

What does EVM do in crypto?

The EVM is the core of the Ethereum blockchain. It is responsible for:

Executing smart contracts: The EVM is the only way to execute smart contracts on the Ethereum blockchain. This means that all smart contracts on Ethereum are written in a language that can be understood by the EVM.

Maintaining the state of the blockchain: The EVM is responsible for maintaining the state of the blockchain. This includes keeping track of all the balances of all the accounts on the blockchain, as well as all the transactions that have been executed.

Governing the rules of the blockchain: The EVM also governs the rules of the blockchain. This means that the EVM determines what transactions are valid and what transactions are not.

Why is EVM important in crypto?

The EVM is important in crypto because it is the foundation of the Ethereum blockchain. Without the EVM, there would be no way to execute smart contracts on Ethereum, and the blockchain would not be able to function.

Examples of EVM-compatible blockchains

There are many EVM-compatible blockchains that developers can deploy smart contracts on today, each with its own unique features. Some of the most popular EVM-compatible blockchains include:

Ethereum: The original EVM-compatible blockchain.

Binance Smart Chain (BSC): A fast and scalable EVM-compatible blockchain.

Polygon: A scalable and secure EVM-compatible blockchain.

Avalanche: A fast and secure EVM-compatible blockchain.

Optimism: A Layer 2 scaling solution for Ethereum.

Fantom: A fast and scalable EVM-compatible blockchain.

Cronos: A Layer 1 blockchain that is compatible with the Ethereum Virtual Machine.

Benefits of EVM crypto

There are a number of benefits to using EVM crypto, including:

Efficiency: EVM crypto is more efficient than traditional blockchains because it can execute smart contracts more quickly.

Scalability: EVM crypto is more scalable than traditional blockchains because it can support more transactions per second.

Security: EVM crypto is more secure than traditional blockchains because it is based on a well-tested and battle-tested platform.

Conclusion

The #EVM is a powerful tool that has the potential to revolutionize the way we interact with the blockchain. By enabling the development of smart contracts, the EVM has opened up a world of possibilities for decentralized applications. As the EVM continues to evolve, we can expect to see even more innovative and groundbreaking applications being built on top of it.

#ETH #Ethereum