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Home Altcoins

Make Ethereum Virtual Machine Run on EOS and Earn $200K

by Olayode Yusuff
May 4, 2020
in Altcoins
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EOS Transaction Speed Upped By 35% After 2 Major Developmental Upgrades
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EOS is offering $200,000 to anyone who could make Ethereum Virtual Machine (EVM) run on EOS blockchain, NewsLogical can confirm.

Block.one, the parent company behind EOS opened the challenge to developers. The firm demanded that outstanding developers build the future of blockchain technology with an EOSIO Smart Contract.

Block.one wants interested professionals, hobbyists and developers to solve EOSIO Smart Contracts Challenge and win $200,000 by showcasing their potentials to reform technology.

The technological firm expects participants to create an EOSIO Smart Contract that has the power to “store and invoke EVM (Solidity) Smart Contracts” in an environment that resembles Ethereum’s.

“The challenge enables developers in the EOSIO, Ethereum, and wider blockchain communities to use their preferred development platforms while leveraging the benefits of EOSIO,” Block.one has indicated.

Block.one believes EOSIO has an unmatched means of processing smart contracts faster while also lowering the effect of a significant roadblock for developers.

Interested participants have a whole year to solve the challenge, however, the first to solve the problem wins the prize. The final submission date, according to the release, is February 3, 2021.

Ethereum and EOS are great competitors. Like TRON, EOS continues to hijack dapps on the Ethereum blockchain.

Tags: Block.oneEOSIOEthereumEVM
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NewsLogical Inc. is a U.S.-centric firm established in 2019 with the aim of providing resourceful and up-to-date cryptocurrency and blockchain information.

Email: info@newslogical.com

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Contents on NewsLogical.com are only for informational purposes and should not be construed as financial or investment advice.

Trading cryptocurrency is considered a high-risk activity that requires technical knowhow because digital currencies are generally volatile.

Contact financial experts for guidance before making any cryptocurrency investment decision.

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