• Neon EVM is a low-friction solution that allows Ethereum dApps to settle transactions on Solana.
  • EVM helps bridge the gap between Ethereum and Solana.
  • The Neon EVM beta has ended and we only accept transactions that are on our guest list.

What is Neon EVM?

Neon EVM is a low-friction solution that allows Ethereum dApps to settle transactions on Solana, bridging the gap between these two major blockchains.

Neon EVM enables Ethereum developers to get the most out of Solana’s network, from low fees to high transaction speeds to parallel transaction execution capabilities.

Solana is one of the fastest organic growing chains, but due to its incompatibility with EVM, EVM multi-chain dApp developers have to rely on TVL’s hundreds of millions, millions of users, eco We’ve left the whole system untouched so far.

Neon EVM’s pioneering solution is of Innovations in the Solana ecosystem are expected, making Solana a viable option for multi-chain builders. Neon EVM combines the best of both chains while ensuring the finality of settlements in Solana.

What is Neon EVM Closed Beta?

Bringing Neon EVMβ, a closed beta version of Neon EVM, to Solana’s mainnet is an important milestone on our roadmap.

Neon EVMβ is a fully functional Neon EVM with one big change: it supports fee-free transactions.

This means that all transactions are settled in Solana’s L1 and require payment in Sol, just like transactions settled in Solana. However, in beta, her NEON tokens are not claimed by proxy operators who accept transaction requests and ensure they are completed.

Reasons for releasing in beta

The Neon EVM ecosystem includes Neon EVM and proxy operators that accept and resolve transaction requests, as well as many more players. This includes DAOs, Oracles, Indexers, Wallets, Multisig, Bridges, Explorers, etc. Neon EVMβ will provide an opportunity for all parties to deploy and test to ensure seamless integration of services before the official launch of the Solana mainnet.

Neon EVM could have chosen to launch the shadow mainnet on a fork of the Solana mainchain, but launching directly into the mainnet has significant advantages. Most importantly, the deployed and tested contract holds addresses on the Solana mainnet.

Why are you releasing in closed beta?

Starting in closed beta will allow the Neon EVM team to onboard and test ecosystem player services in a controlled phase. The first phase will onboard infrastructure components and the second phase will accept dApps and test wallet connectivity.

Operating in closed beta also controls budgets by limiting activities to an invite-only list. Note that the Solana network still does, even though the proxy operator does not charge a fee. Offering an open beta, it is simply not possible to predict the SOL cost of such an effort (although it is possible to predict that the SOL cost will be lower than the equivalent Eth cost if EVM settles on Ethereum). is!).

Once the test period is over and NEON tokens are available on the market to pay for transactions, the Neon EVM will return to its normal operating mode. This means that independent proxy operators (P2P and Everstake) resume responsibility for accepting and processing transactions. Her RPC endpoint of the proxy operator will be available at: chain list.

wanna join?

While the Neon EVM is deployed on the Solana mainnet address, NeonVMyRX5GbCrsAHnUwx1nYYoJAtskU1bWUo6JGNyGSince this is a closed beta, we do not yet accept transactions unless you are on our guest list.

To join our community, find us at: twitter Join the very active Neon EVM discord To meet community builders who have been loyal over the years. For an overview of the Neon EVM technical architecture and features, a white paper is available at: NeonEVM.org/whitepaper.pdf. To track network activity, view Neon EVM transactions settled in Solana. neon scan Dashboard.

By Jules

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