{"id":162825,"date":"2024-03-07T18:34:34","date_gmt":"2024-03-07T18:34:34","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=162825"},"modified":"2024-03-07T18:34:37","modified_gmt":"2024-03-07T18:34:37","slug":"injective-unveils-inevm-on-mainnet","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/injective-unveils-inevm-on-mainnet\/","title":{"rendered":"Injective Unveils inEVM on Mainnet: The Game-Changing Rollup Enabling Unprecedented VM Development"},"content":{"rendered":"<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">TL;DR<\/span><\/span><\/p>\n<ul style=\"text-align: justify\">\n<li><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Launch of Injective EVM (inEVM): the first Ethereum-aligned rollup.<\/span><\/span><\/li>\n<li><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Collaboration with key projects in Web3 to guarantee interoperability.<\/span><\/span><\/li>\n<li><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Opportunity for Ethereum developers to build speed and cost efficient applications on inEVM.<\/span><\/span><\/li>\n<\/ul>\n<hr \/>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">In a crucial step for the development of the <\/span><strong><a href=\"https:\/\/crypto-economy.com\/blockchain-technology\/\" target=\"_blank\" rel=\"noopener\"><span style=\"vertical-align: inherit\">blockchain<\/span><\/a><\/strong><span style=\"vertical-align: inherit\"> ecosystem, <\/span><strong><span style=\"vertical-align: inherit\">Injective Labs has <\/span><\/strong><strong><a href=\"https:\/\/blog.injective.com\/en\/injective-launches-inevm-on-mainnet-the-first-rollup-to-hyperscale-concurrent-vm-development\/\" target=\"_blank\" rel=\"noopener\"><span style=\"vertical-align: inherit\">announced<\/span><\/a><\/strong><strong><span style=\"vertical-align: inherit\"> the launch of Injective EVM (inEVM) on the mainnet.<\/span><\/strong><\/span><\/p>\n<p><!--more--><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">This is the <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">first rollup aligned with Ethereum<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> designed to enhance the concurrent development of virtual machines.<\/span><\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">1\/ Injective <a href=\"https:\/\/twitter.com\/hashtag\/inEVM?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#inEVM<\/a> is live on mainnet, the first ever rollup designed to supercharge concurrent VM development.<\/p>\n<p>inEVM enables Ethereum developers to build dApps that leverage blazing fast speeds &amp; near zero fees while achieving composability across WASM and EVM<\/p>\n<p>Read on \ud83d\udc47 <a href=\"https:\/\/t.co\/OXtPQTVnvx\" target=\"_blank\">pic.twitter.com\/OXtPQTVnvx<\/a><\/p>\n<p>&mdash; Injective \ud83e\udd77 (@injective) <a href=\"https:\/\/twitter.com\/injective\/status\/1765755882216841264?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">March 7, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">This innovation <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">promises to revolutionize the way developers interact with the blockchain universe.<\/span><\/span><\/strong><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><strong><span style=\"vertical-align: inherit\">Injective<\/span><\/strong><span style=\"vertical-align: inherit\"><strong>&#8216;s<\/strong> <\/span><span style=\"vertical-align: inherit\">inEVM allows <\/span><strong><span style=\"vertical-align: inherit\">Ethereum<\/span><\/strong><span style=\"vertical-align: inherit\"> developers <\/span><strong><span style=\"vertical-align: inherit\">to build applications that take advantage of the speed and near-zero costs of Injective<\/span><\/strong><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">,<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> while achieving composability between the worlds of WASM and EVM.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">This makes <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Injective the only L1 chain capable of unifying the interoperability of Cosmos<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> with the speed of <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Solana<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> and the developer access of <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Ethereum.<\/span><\/span><\/strong><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">This initiative has been possible thanks to <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">the collaboration with prominent infrastructure projects in Web3, including Caldera.<\/span><\/span><\/strong><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Additionally, prominent messaging layers such as <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Hyperlane<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> and <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">LayerZero have been integrated with the project,<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> enabling seamless transfer of data and assets.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Celestia<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> will serve as <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">the Data Availability (DA) layer for the rollup<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">, while <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Pyth<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> will be the oracle provider.<\/span><\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-162829\" src=\"https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/03\/injective-1.jpg\" alt=\"Injective Unveils inEVM on Mainnet: The Game-Changing Rollup Enabling Unprecedented VM Development\" width=\"825\" height=\"300\" srcset=\"https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/03\/injective-1.jpg 825w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/03\/injective-1-300x109.jpg 300w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/03\/injective-1-768x279.jpg 768w\" sizes=\"(max-width: 825px) 100vw, 825px\" \/><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Projects already deploying on <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">inEVM<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> include <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">TimeSwap and Thetanauts<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">, which have collectively raised over <strong>$200 million in investments.<\/strong><\/span><\/span><\/p>\n<h2><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">These represent the beginning of inEVM&#8217;s possibilities for the development of decentralized apps<\/span><\/span><\/h2>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">One of the <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">most notable features of inEVM is its ability to achieve true composability through Cosmos and Solana<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">, thanks to the collaboration with <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Caldera.<\/span><\/span><\/strong><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">This allows developers <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">to work on multiple virtual machine environments within a single integrated network<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">, opening up new possibilities for innovation.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Additionally, <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">the project<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> offers <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">native interoperability between WASM and EVM environments,<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> facilitated by Hyperlane.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">This allows the <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">construction of cross-chain applications<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> that abstract the complexities of the multichain world for end users.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Injective EVM (inEVM)<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> represents a significant advancement in <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">blockchain development<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">, offering <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"><a href=\"https:\/\/crypto-economy.com\/what-is-ethereum\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a> developers<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> the ability to <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">build high-performance applications with minimal costs,<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> while maintaining <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">compatibility and interoperability with existing ecosystems<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">This innovation promises <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">to further drive the growth and adoption of blockchain technology<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> around the world.<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Launch of Injective EVM (inEVM): the first Ethereum-aligned rollup. Collaboration with key projects in Web3 to guarantee interoperability. Opportunity for Ethereum developers to build speed and cost efficient applications on inEVM. In a crucial step for the development of the blockchain ecosystem, Injective Labs has announced the launch of Injective EVM (inEVM) on the &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Injective Unveils inEVM on Mainnet: The Game-Changing Rollup Enabling Unprecedented VM Development\" class=\"read-more button\" href=\"https:\/\/crypto-economy.com\/injective-unveils-inevm-on-mainnet\/#more-162825\" aria-label=\"More on Injective Unveils inEVM on Mainnet: The Game-Changing Rollup Enabling Unprecedented VM Development\">Read more<\/a><\/p>\n","protected":false},"author":33,"featured_media":162830,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70,74],"tags":[4620,5001],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/162825"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=162825"}],"version-history":[{"count":4,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/162825\/revisions"}],"predecessor-version":[{"id":162832,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/162825\/revisions\/162832"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/162830"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=162825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=162825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=162825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}