We discussed the fundamentals of EVM, the need for EVM compatibility, and the general benefits in part I of the EVM compatibility chronicles.
Now, let’s delve into and explore the significance of EVM compatibility for Humanode, and gain insights directly from MOZGIII, Humanode’s Tech Lead.
Without further ado, let’s get started.
Our first question to MOZGIII was about the benefits of having an EVM-compatible Humanode chain and how it will help devs in the Ethereum and other EVM-compatible ecosystems add Sybil resistance.
MOZGIII provided a thorough explanation of the significance of EVM compatibility for Humanode.
“EVM compatibility is crucial for Humanode because it allows the project to tap into the vast Ethereum ecosystem and leverage its extensive developer community,” MOZGIII says
By being EVM-compatible, Humanode can attract developers familiar with programming languages, tools, and libraries used for developing on Ethereum to build and deploy applications on its platform. This helps expand the Humanode ecosystem and fosters innovation across multiple blockchains.
An EVM-compatible Humanode chain brings a multitude of benefits to the Ethereum-based ecosystem as well, particularly in helping developers add Sybil resistance to their dApps and smart contracts using Humanode’s unique bio-authentication technology.
“For me, the main advantage is the seamless integration it allows for developers. They can use their existing Solidity development skills, tools, and resources to build and deploy dApps and smart contracts on the Humanode chain. This smooth transition encourages developers to adopt Humanode’s Sybil-resistant features in their applications,” MOZGIII says.
“The enhanced security provided by Humanode’s bio-authentication technology significantly improves Sybil resistance. And it ensures that each participant in the network is uniquely identifiable and prevents the creation of multiple identities,” he adds.
Integrating this feature into Ethereum-based dApps and smart contracts greatly strengthens the security and trustworthiness of their applications, effectively deterring sybil attacks. This increased user confidence draws more participants to the DeFi ecosystem and paves the way for new opportunities in innovation and growth.
Additionally, the interoperability facilitated by EVM compatibility allows the Humanode chain to interact easily with Ethereum and other compatible blockchains. That being the case, developers can build cross-chain applications and transfer assets and data between networks. This creates a more interconnected and adaptable ecosystem.
Similarly, as more developers from the Ethereum ecosystem begin using the EVM-compatible Humanode chain to add Sybil resistance to their dApps and smart contracts, the platform will benefit from increased adoption. This leads to a positive feedback loop that attracts more users and developers, driving innovation and growth on Humanode.
Getting feedback from the users to improve the experience is always a priority for us as it helps enhance the network.
In conclusion, an EVM-compatible Humanode chain offers numerous benefits to the ecosystem. It empowers developers to integrate Sybil-resistant features into their dApps and smart contracts, enhancing security and trustworthiness and fostering innovation across the entire blockchain space.
But do you know that incorporating EVM compatibility into a Layer 1 chain quite unique from existing systems, with its distinctive architecture and consensus mechanisms, is quite a tricky assignment? It’s no surprise that the Humanode team has their hands full.
We know you are curious to find out the team’s approach to handling obstacles, so in the next part, we will discuss how the Humanode team plans to deal with inevitable challenges.
