AppLayer Unveils Fastest EVM Network and $1.5M Network Incentive Program

Panama
City,
Panama,
May
2nd,
2024,
Chainwire

AppLayer
has
unveiled
the
fastest
and
most
robust
infrastructure
for
scaling
Ethereum-based
applications,
a
cutting-edge
blockchain
that
not
only
delivers
lightning-fast
transaction
speeds
but
also
offers
a
new
approach
to
Ethereum
Virtual
Machine
(EVM)
development
for
both
DeFi
and
GameFi
developers.

AppLayer
offers
an
EVM
network
that’s
10
times
faster
than
standard
Golang
based
EVM
networks
and
an
even
more
amazing
65
times
execution
speed
boost
with
C++
stateful
pre-compiles.
Imagine
having
both
the
speediest
EVM
in
the
game
and
the
best
tools
to
build
on
it
–
that’s
what
AppLayer
brings
to
the
table!

The
Game
Changer:
Stateful
Pre-compiled
Smart
Contracts

AppLayer
is
not
only
a
speed
powerhouse
but
also
allows
for
comprehensive
composability
with
game-changing
stateful
pre-compiles
that
are
a
cornerstone
of
this
release,
offering
an
unmatched
ability
to
process
complex
smart
contracts
at
unprecedented
speeds.

But
what
does
this
mean
for
everyday
users
and
developers?
It’s
simple:
AppLayer’s
network
brings
the
power
of
advanced
blockchain
technology
right
to
the
user’s
fingertips.
Developers
can
now
create
their
own
stateful
pre-compiles
as
smart
contracts
with
features
and
syntax
that
are
identical
to
Solidity,
but
with
the
added
turbo-charge
of
C++
performance.

The
real
excitement
stems
from
the
intricate
workings
of
AppLayer’s
network
with
these
Stateful
Pre-compiles.
Solidity
smart
contracts
no
longer
function
in
isolation
but
interact
with
and
build
upon
these
ultra-fast
pre-compiles.
This
enhances
the
sophistication,
power,
and
efficiency
of
blockchain
applications,
marking
a
significant
shift
in
the
landscape
of
decentralization.

The
best
part
for
developers
is
the
ease
of
transition
to
this
high-performance
environment.
AppLayer
allows
developers
to
effortlessly
convert
their
existing
Solidity
code
into
C++
with
nearly
identical
syntax,
unlocking
the
potential
for
more
complex
and
scalable
dApps.
This
feature
is
especially
vital
for
blockchain
projects
hitting
performance
limitations
in
traditional
EVM
environments.

AppLayer
takes
it
further
with
rdPoS
(random
deterministic
Proof
of
Stake)
–
a
unique
consensus
mechanism
that
amplifies
network
security
while
ensuring
ultra-efficient
transaction
processing.
This
ingenious
combination
of
stateful
pre-compiles
and
rdPoS
turns
AppLayer
into
a
robust
platform
perfect
for
handling
high-scale
and
intricate
applications.

As
Itamar
Carvalho,
CTO
at
AppLayer,
stated
at
ETHDenver
2024,
“AppLayer
is
not
just
an
upgrade;
it’s
a
revolution.
We’re
empowering
developers
to
build
without
boundaries,
pushing
the
limits
of
what’s
possible
in
blockchain
application
development.”

AppLayer
stands
as
a
testament
to
innovation,
redefining
the
standards
of
blockchain
development
and
opening
new
horizons
in
the
gaming
sector,
decentralized
finance,
and
beyond.
With
its
combination
of
speed,
efficiency,
and
developer-friendly
features,
AppLayer
is
poised
to
become
a
leading
force
in
the
blockchain
space.

Expanding
EVM
Horizons
with
the
Testnet
Launch

The
next
exciting
phase
for
AppLayer
is
the
deployment
of
its
testnet,
complete
with
a
front-end
user
portal
coming
in
June
and
up
to

$1.5
million
in
incentives
available
now.
This
stage
invites
developers
to
push
the
boundaries
of
their
existing
Solidity
code
into
a
more
robust,
scalable
environment.
The
more
unique
and
intricate
the
transactions,
the
greater
the
reward,
fostering
a
creative
and
efficient
ecosystem.

AppLayer
is
now
inviting
developers
to
participate
in
its
incentivized
testnet.
With
a
unique
rewards
system
based
on
user
activity
and
creativity,
AppLayer
is
fostering
a
vibrant
and
innovative
developer
community.

“We
are
excited
to
see
what
developers
will
build
on
AppLayer.
This
is
an
opportunity
to
reshape
the
landscape
of
blockchain
applications,”
said
Carvalho.

The
AppLayer
testnet
not
only
represents
a
pivotal
moment
for
blockchain
innovation
but
also
a
unique
opportunity
for
both
crypto
enthusiasts
and
developers.
Whether
the
user
is
looking
to
explore
cutting-edge
projects
on
the
fastest
EVM
or
the
user
is
a
developer
eager
to
build
on
this
revolutionary
platform,
AppLayer’s
testnet
is
their
gateway
to
opportunity
and
rewards.

Build
on
the
AppLayer
Testnet
to
Unlock
Grants

Developers,
on
the
other
hand,
are
invited
to
bring
their
creativity
and
technical
skills
to
the
forefront.
Build
on
AppLayer,
the
fastest
EVM
network,
and
receive
$APPL
token
grants
as
recognition
of
the
user’s
innovative
contributions.

With
up
to
100,000,000
$APPL
tokens
available
for
allocation
to
projects,
the
potential
for
reward
is
substantial.
Additionally,
for
every
$APPL
token
a
project
distributes
to
users,
an
equal
amount
is
granted
back
to
the
project,
forming
a
cycle
of
innovation
and
reward
that
continues
through
to
the
mainnet
launch.

The
most
engaging
and
interacted-with
projects
may
be
eligible
for
additional
allocations,
incentivizing
not
just
development
but
also
user
engagement.
This
is
a
testnet
that
rewards
utilization
and
creativity,
pushing
for
more
unique
and
complex
smart
contracts.

For
more
information
on
the
Grants
Program
and
how
to
participate,
users
can

fill
out
an
application
to
get
started
and
become
a
part
of
this
transformative
phase
in
blockchain
development.
Users
can
discover,
build,
and
earn
with
AppLayer
–
where
the
future
of
blockchain
is
being
shaped
today.

About
AppLayer:

AppLayer
(formerly
SparqNet)
is
a
C++
based
Ethereum
scaling
solution
where
developers
can
deploy
Solidity
smart
contracts
and
C++
programmed
stateful
pre-compiles
as
smart
contracts.
In
AppLayer,
Solidity
smart
contracts
are
10
times
faster
than
those
in
Golang-based
competing
networks,
and
stateful
pre-compiles
are
65
times
faster.