AppLayer Unveils Fastest EVM Network and $1.5 Million Network Incentive Program – Blockchain News, Opinion, TV & Jobs

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Panama City, Panama, May 2, 2024, Warp Wire

AppLayer has unveiled the fastest and most robust infrastructure for scaling Ethereum-based applications, an advanced blockchain that not only delivers lightning-fast transaction speeds but also offers a new approach to Ethereum Virtual Machine (EVM) development for both DeFi and GameFi developers.

AppLayer provides an EVM network that is 10 times faster than standard Golang-based EVM networks and an even more astonishing 65x execution speed improvement with stateful C++ pre-compiles. Imagine having both the fastest EVM in the game and the best tools to build on it – that’s what AppLayer has to offer!

The Game Changer: Stateful, pre-built smart contracts

In addition to being a speed powerhouse, AppLayer enables extensive composability with groundbreaking stateful pre-compiles that are the cornerstone of this release and provide unparalleled ability to process complex smart contracts at unprecedented speeds.

But what does this mean for regular users and developers? It’s simple: AppLayer’s network puts the power of advanced blockchain technology directly at the user’s fingertips. Developers can now create their own stateful pre-compiles as smart contracts with functions and syntax identical to Solidity, but with the added turbo-charge of C++ performance.

The real excitement comes from the intricate workings of AppLayer’s network with these Stateful Pre-compiles. Solidity smart contracts no longer function in isolation, but work together with and build on these ultra-fast pre-compiles. This improves the sophistication, power and efficiency of blockchain applications, marking a significant shift in the decentralization landscape.

The best part for developers is the ease of transition to this powerful environment. With AppLayer, developers can effortlessly convert their existing Solidity code into C++ with nearly identical syntax, unlocking the potential for more complex and scalable dApps. This feature is especially vital for blockchain projects that encounter performance limitations in traditional EVM environments.

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AppLayer goes one step further with rdPoS (random deterministic Proof of Stake) – a unique consensus mechanism that strengthens network security while ensuring ultra-efficient transaction processing. This ingenious combination of stateful pre-compiles and rdPoS makes AppLayer a robust platform that is perfect for processing large-scale and complex applications.

As Itamar Carvalho, CTO at AppLayer, stated at ETHDenver 2024: “AppLayer is not just an upgrade; it’s a revolution. We enable developers to build without boundaries and push the boundaries of what is possible in blockchain application development.”

AppLayer is a testament to innovation, redefining the standards for blockchain development and opening new horizons in gaming, decentralized finance and beyond. With its combination of speed, efficiency, and developer-friendly features, AppLayer is poised to become a leading force in the blockchain space.

Expanding EVM horizons with the launch of Testnet

The next exciting phase for AppLayer is the implementation of its testnet, complete with a front-end user portal launching in June and into There are now $1.5 million in incentives available. This phase invites developers to push the boundaries of their existing Solidity code into a more robust, scalable environment. The more unique and complex the transactions, the greater the reward, fostering a creative and efficient ecosystem.

AppLayer is now inviting developers to join its incentivized testnet. With a unique reward system based on user activity and creativity, AppLayer fosters a vibrant and innovative developer community.

“We’re excited to see what developers will build on AppLayer. This is an opportunity to reshape the landscape of blockchain applications,” said Carvalho.

The AppLayer testnet represents not only a pivotal moment for blockchain innovation, but also a unique opportunity for crypto enthusiasts and developers alike. Whether the user wants to explore advanced projects on the fastest EVM or the user is a developer eager to build on this revolutionary platform, AppLayer’s testnet is their gateway to opportunity and reward.

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Build on the AppLayer Testnet to unlock grants

Developers, on the other hand, are invited to bring their creativity and technical skills to the fore. Build on AppLayer, the fastest EVM network, and receive $APPL token grants in recognition of user innovative contributions.

With up to 100,000,000 $APPL tokens available for allocation to projects, the potential for reward is significant. Additionally, for every $APPL token a project distributes to users, an equal amount is returned to the project, creating a cycle of innovation and reward that continues until the mainnet launch.

The most engaging and highly interacted with projects may be eligible for additional allocations, driving not only development but also user engagement. This is a testnet that rewards usage and creativity and pushes for more unique and complex smart contracts.

For more information about the Grants Program and how to participate, users can visit Fill out an application to get started and be part of this transformative phase in blockchain development. Users can discover, build and earn AppLayer – where the future of blockchain is being shaped today.

About AppLayer:

AppLayer (formerly SparqNet) is a C++-based Ethereum scaling solution that allows developers to deploy Solidity smart contracts and C++ programmed stateful pre-compiles as smart contracts. In AppLayer, Solidity smart contracts are 10 times faster than those in Golang-based competing networks, and stateful pre-compiles are 65 times faster.

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Contact

Director
Michael Weinrub
AppLayer
michael@appplayer.com



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