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Solana’s on-chain Ethereum environment, Neon EVM, adopts network scaling as a new product category

2024-10-17 04:41
Odaily News Neon EVM has officially adopted "Network Extensions" as a new product category designed to expand Solana's capabilities. Neon EVM is a fully compatible Ethereum environment built on the Solana blockchain. The team said: "Unlike traditional L1 or L2 blockchains, Neon EVM runs directly as a program on Solana, enhancing the experience for developers and users. By abstracting the complexity of the EVM layer, Neon EVM can be seamlessly deployed on Solana, while users can benefit from Solana's native Gas fees and unified DApp experience." (CoinDesk)