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Bitinity EVM Launches on Internet Computer Main Network: A Game-Changer for Developers

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On April 17th, it was announced that the Bitinity EVM launched by the IC ecosystem DEX InfinitySwap has been launched on the Internet Computer (IC) main network. Bitinity EVM will

Bitinity EVM Launches on Internet Computer Main Network: A Game-Changer for Developers

On April 17th, it was announced that the Bitinity EVM launched by the IC ecosystem DEX InfinitySwap has been launched on the Internet Computer (IC) main network. Bitinity EVM will make IC an EVM compatible chain on which developers can deploy Solidity contracts.

The Bitinity EVM launched by Infinity Swap has been deployed to the IC main network

The Internet Computer (IC) ecosystem has been making waves in the world of blockchain and cryptocurrency ever since its launch earlier this year. The Internet Computer is a blockchain-based platform that allows developers to create decentralized applications (dApps) that can run at web speed and scale. This means that dApps built on the Internet Computer can run just as fast as traditional web applications, without compromising on decentralization and security.
One of the key features of the Internet Computer is its support for the Ethereum Virtual Machine (EVM). The EVM is a virtual machine that enables developers to write smart contracts in Solidity, a programming language specifically designed for blockchain development.
On April 17th, 2021, the Bitinity EVM was launched on the Internet Computer main network by DEX InfinitySwap, an IC ecosystem decentralized exchange (DEX). This has major implications for developers who want to build decentralized applications on the Internet Computer.

What is Bitinity EVM?

The Bitinity EVM is an implementation of the Ethereum Virtual Machine (EVM) that is fully compatible with the Internet Computer. This means that developers can now deploy Solidity contracts on the Internet Computer, just as they would on the Ethereum blockchain.
The Bitinity EVM is designed to be fast and efficient, with low gas fees and high throughput. This makes it an ideal platform for developing decentralized applications that require fast and secure transactions.

What are the Benefits of Bitinity EVM?

The launch of Bitinity EVM on the Internet Computer main network has several benefits for developers. Firstly, it makes the Internet Computer an EVM-compatible chain, which means that developers can now deploy their Solidity contracts on the Internet Computer.
This is a game-changer for developers who want to build decentralized applications on the Internet Computer. Previously, developers had to learn a new programming language (Motoko) to write smart contracts on the Internet Computer. With Bitinity EVM, developers can use the familiar Solidity programming language to write their smart contracts.
Secondly, the Bitinity EVM is fast and efficient, with low gas fees and high throughput. This means that developers can build dApps that can handle a large number of transactions per second, without incurring high gas fees. This is a big advantage over other blockchain platforms, such as Ethereum, which can be slow and expensive to use.
Finally, the launch of Bitinity EVM on the Internet Computer main network is a testament to the growing ecosystem of the Internet Computer. The Internet Computer is rapidly becoming a popular platform for building decentralized applications, and the addition of Bitinity EVM only strengthens its position as a major player in the blockchain space.

How to Deploy Solidity Contracts on the Internet Computer with Bitinity EVM

Deploying Solidity contracts on the Internet Computer with Bitinity EVM is a seamless process. Developers simply need to connect to an Internet Computer node using the Internet Computer command-line interface (CLI), and then deploy their Solidity contracts using the familiar Solidity compiler (solc).
Once the Solidity contract is deployed on the Internet Computer using Bitinity EVM, it can be accessed by any user on the Internet Computer network. This makes it easy for developers to build decentralized applications that are accessible to a wide range of users.

Conclusion

The launch of Bitinity EVM on the Internet Computer main network is a major milestone for the blockchain industry. It enables developers to build decentralized applications on the Internet Computer using the familiar Solidity programming language, while also providing fast and efficient transactions with low gas fees.
The Internet Computer is rapidly becoming a popular platform for building decentralized applications, and the launch of Bitinity EVM only strengthens its position in the blockchain ecosystem. As more developers start to build dApps on the Internet Computer, we can expect to see more innovation and growth in the blockchain space.

FAQs

1. What is the Internet Computer?
The Internet Computer is a blockchain-based platform that allows developers to create decentralized applications (dApps) that can run at web speed and scale.
2. What is the Ethereum Virtual Machine (EVM)?
The Ethereum Virtual Machine (EVM) is a virtual machine that enables developers to write smart contracts in Solidity, a programming language specifically designed for blockchain development.
3. What are the benefits of Bitinity EVM?
The benefits of Bitinity EVM are that it enables developers to deploy Solidity contracts on the Internet Computer, provides fast and efficient transactions with low gas fees, and strengthens the growing ecosystem of the Internet Computer.

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