Acala Opens Up Details of Its Polkadot EVM | Crypto Briefing

in DLIKE • 4 years ago

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Acala already exists as a DeFi hub and stablecoin issuance platform on the Polkadot blockhain.
 

Now, the project is creating its own Ethereum Virtual Machine, dubbed the Acala EVM. The new update will give developers full-stack composability between Acala itself, Polkadot's Substrate programming language, Ethereum's Solidity programming language, and WebAssembly or Wasm.

This will allow the Acala EVM to support multiple crypto tokens such as DOT and ACA, as well as Ethereum-based ERC-20 


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