Aura Network, a Level 1 provider of open infrastructure utilizing modular technology stacks, has made an exciting announcement regarding a new project. The company is introducing Aura EVM, which aims to enhance opportunities for developers in the Web3 sector and promote its adoption. The official X account of the company has shed light on the project, providing valuable insights.
Introducing Aura EVM: Expanding Possibilities for Web3 Developers
Aura has always been at the forefront of the permissioned CosmWasm app chain space, with a strong emphasis on NFT and mass adoption solutions. Their recent X post reveals their unwavering focus on non-fungible tokens and widespread adoption solutions. The platform has pioneered local account abstraction and established a robust infrastructure. Building on these foundations, Aura Network is now unveiling its cutting-edge second phase. With this release, the company aims to accelerate Web3 development by embracing the Ethermint Virtual Machine.
The EVM is globally recognized as a prominent smart contract tool. With this latest development, it becomes compatible with the EVM, marking a significant milestone in the platform’s journey. Aura now transforms into an interoperable and permissionless general-purpose layer, supporting both EVM and CosmWasm smart contracts.
The company highlights its dedication to providing an exclusive system message type for encapsulating EVM messages. This ensures their compatibility with Cosmos-based messages. The EVM compatibility opens up opportunities for the integration of DApps with Aura. These decentralized applications can now operate seamlessly with renowned crypto companies like Arbitrum, BNB Chain, Ethereum, and others.
Interoperability Expands Deployment Options for Developers
The project’s interoperability offers developers the flexibility to choose their preferred deployment environment. While there are various EVM-compatible chains available, Aura’s advanced modular architecture provides additional benefits for developers. It offers a broader scope for optimization and allows Aura to stand out from the crowd.