• Flow, the Layer-1 blockchain platform known for hosting NBA Top Shot, has announced a significant upgrade to its mainnet, achieving Ethereum Virtual Machine (EVM) equivalency.
• This upgrade enables seamless interoperability with other EVM-compatible ecosystems, allowing developers to build and deploy applications on Flow with greater ease and efficiency.
• Flow has also welcomed Google and Ubisoft as node operators, further strengthening the network's security and decentralization.
• The Crescendo upgrade introduces support for ERC-20 and ERC-721 tokens, doubles storage efficiency, and reduces memory usage by 40%, optimizing the platform's performance.
• Flow's smart contracts are now written in Cadence 1.0, a programming language specifically designed for managing digital assets, including cryptocurrencies, on-chain art, and collectibles.
• To celebrate these advancements, Flow has launched the Flow Community Rewards program, incentivizing users and developers to engage with the network and contribute to its growth.
Source: https://cryptonews.com/news/flow-reveals-major-evm-upgrade-google-and-ubisoft-as-partners/ Show Less