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Home»Blockchain»Flow proposes bridging to Ethereum via ‘gateway’
Blockchain

Flow proposes bridging to Ethereum via ‘gateway’

2023-10-06Updated:2023-10-11No Comments2 Mins Read
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A brand new proposal has been urged to create a “gateway” software program that may allow transactions from Ethereum to be wrapped and submitted to Movement.

If the neighborhood approves, the Movement (FLOW) ecosystem may quickly help Ethereum-based decentralized functions (dapps).

The proposal was printed by Dieter Shirley, Dapper Labs co-founder and Lead Architect at Movement, who defined that no code modifications can be required to make full Ethereum Digital Machine (EVM) equivalence on Movement.

You may also like: Crypto belongings see inflows first time in 6 weeks

Builders may wrap exterior transactions in Cadence, a wise contract programming language for the Movement blockchain, utilizing the so-called “gateway” software program.

If Movement opens its infrastructure for Ethereum-compatible digital machines, blockchain builders may bridge not solely ERC-20 tokens between the networks but in addition non-fungible tokens (NFTs) deployed on the ERC-721 commonplace.

Nonetheless, some “tough facets” nonetheless have to be resolved, together with EVM gasoline charges mapping on Cadence.

On the time of writing, the publish has solely acquired 12 likes, with no responses or deadlines on the proposal.

Movement is a permissionless layer-1 blockchain on the proof-of-stake consensus protocol developed by Dapper Labs and launched in 2020.

The venture raised $18 million on CoinList throughout the neighborhood sale and public sale from almost 13,000 members.

Learn extra: Dapper Labs lays off employees in second spherical since 2022

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See also  How the actor model could enable better blockchain gaming apps
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