ICP Smart Contracts Now EVM-Compatible Thanks to Definity Foundation API

IconCryptoNewsTerminal Staff23 May, 2024

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ICP Smart Contracts Now EVM-Compatible Thanks to Definity Foundation API

The Definity Foundation has announced the release of a new EVM-compatible smart contract API for the Internet Computer (ICP). This new API will allow developers to create and deploy smart contracts on the ICP blockchain that are compatible with the Ethereum Virtual Machine (EVM). Currently, ICP smart contracts are only compatible with Bitcoin and Ethereum, but the addition of EVM compatibility will open up the ICP blockchain to a much wider range of developers. This is a significant development for the ICP ecosystem, as it will make it easier for developers to build and deploy decentralized applications (dApps) on the ICP blockchain. In addition to the EVM-compatible API, the Definity Foundation is also working on developing an API that will allow ICP smart contracts to interoperate with the Solana blockchain. This will further expand the reach of the ICP blockchain and make it even more attractive to developers. Overall, the release of the EVM-compatible API is a positive development for the ICP ecosystem. It will make it easier for developers to build and deploy dApps on the ICP blockchain, and it will also open up the ICP blockchain to a wider range of developers.