EVM Chains
EVM chains are blockchain networks that work with the Ethereum Virtual Machine (EVM)
In simple terms, EVM chains are like alternative platforms that function similarly to Ethereum but often offer faster operations and lower fees, expanding the possibilities for blockchain developers and users.
Ethereum: The original blockchain network that introduced the EVM concept.
Binance Smart Chain (BSC): Offers faster and cheaper transactions than Ethereum.
Polygon (formerly Matic): Provides a layer 2 scaling solution for Ethereum, making transactions quicker and less costly.
Avalanche: Known for its high throughput and fast finality, it is designed to be scalable for decentralized applications (dApps).
Fantom: Offers a fast, scalable solution with low transaction costs.
Arbitrum: A layer 2 scaling solution that enhances Ethereum's scalability and reduces fees.
Optimism: Another layer 2 solution focusing on improving Ethereum's speed and efficiency.
Harmony: Aims to provide a scalable and energy-efficient blockchain for decentralized applications.
Celo: Focused on mobile-first applications, providing a fast and secure ecosystem.
Moonbeam: Integrates with the Polkadot network, offering EVM compatibility for cross-chain applications.
Klaytn: Developed by Ground X, focusing on enterprise-grade solutions with EVM support.
Cronos: Built by Crypto.com, it aims to provide an open-source environment for NFTs and decentralized finance (DeFi).
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