The Good Tech Companies - Kadena Solves Ethereum Scalability With Chainweb EVM

Episode Date: April 3, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/kadena-solves-ethereum-scalability-with-chainweb-evm. Chainweb EVM positions Kadena as a dec...entralized alternative to Ethereum Layer 2s, with near-zero gas fees, infinite scalability, and energy-efficient Proof of Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #kadena, #chainwire, #press-release, #kadena-announcement, #evm-compatibility, #blockchain-development, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Kadena announces Chainweb EVM with the addition of 20 EVM-compatible chains to its multi-chain network. Kadena's $50 million in grants to support building on Chain web EVM.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Kadena solves Ethereum scalability with ChainWeb EVM, by Chainwire. New York, New York, April 3, 2025, Chainwire moving beyond layer 2S through native parallel execution on proof of work. POW! Kadena, the industry leader in scalable blockchain technology, has announced ChainWeb EVM with the addition of 20 EVM-compatible chains to its multi-chain network. ChainWeb EVM positions Kadena as a decentralized alternative to Ethereum Layer 2s, with near-zero gas fees, infinite scalability, and energy-efficient proof-of-work security.
Starting point is 00:00:41 Kadena takes a unique approach to scaling by leveraging native parallelization for high-throughput execution and processing. Their horizontal scaling network can add new chains to absorb demand fluctuations, which reduces block time and keeps gas fees lower than all layer 2s. Builders can deploy and scale DApps with Solidity Smart Contracts and leverage EVM tooling natively, all while benefiting from Kdena's scalable, affordable, and decentralized Layer 1 infrastructure. The ChainWeb EVM initiative has received interest from hundreds of builders who signed up for exclusive early access at ETH Denver, gaining the first chance to
Starting point is 00:01:17 deploy on-chain. This initiative coincides with Kdenna's 50 million dollars in grants to support building on Chainweb EVM, tokenizing real-world assets, and AI development to drive ecosystem growth. Stuart Popejoy, Kadena's co-founder and CEO, commented on the vision for Chainweb EVM, citing his enthusiasm for the build-out. Greater than, spearheading this project alongside my co-founder, Will, Martino, has been greater than the single biggest initiative at Kadena since its inception. We see Chainweb greater than EVM as the long-lasting settlement
Starting point is 00:01:51 platform for the world, from stock market greater than trading to e-commerce payments. Our new chains will soon open what we have greater than been building with Chainweb consensus to the EVM world. Solidity developers greater than can now build with the security, efficiency, and cost-effectiveness of greater than Kdena's native parallel chains, Popejoy said. About Kdena founded in the US in 2016 by Stuart Popejoy and Will Martino, creators of J.P. Morgan's first blockchain and leaders of the SEX crypto committee Kdena delivers industry-leading performance as the only scalable layer-1 proof-off work blockchain. Kadena's innovative approach combines energy efficiency with unmatched scalability, making
Starting point is 00:02:32 it an ideal infrastructure for mass adoption. With its pioneering smart contract language packed, Kadena offers tools for building secure, efficient, and developer-friendly blockchain applications that address real-world needs. Kdena on X, formerly Twitter. Kdena linked in Kdena Discord Contact Kdena Press Kdena LLC Press at Kdena.io Tip This story was distributed as a release by Chainwire under HackerNoon's Business Blogging Program. Learn more about the program here.
Starting point is 00:03:01 Thank you for listening to this HackerNon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.

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