Ethereum

Flow

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 <p class="is-style-lead">A new proposal has been suggested to create a “gateway” software that will enable transactions from Ethereum to be wrapped and submitted to Flow.&nbsp;</p>
 <p>If the community approves, the Flow (FLOW) ecosystem could soon support Ethereum-based decentralized applications (dapps).&nbsp;</p>
 <p>The proposal was&nbsp;published&nbsp;by Dieter Shirley, Dapper Labs co-founder and Lead Architect at Flow, who explained that no code changes would be required to make full Ethereum Virtual Machine (EVM) equivalence on Flow.&nbsp;</p>
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 <p>Developers could wrap external transactions in Cadence, a smart contract programming language for the Flow blockchain, using the so-called “gateway” software.&nbsp;</p>
 <p>If Flow opens its infrastructure for Ethereum-compatible virtual machines, blockchain developers could bridge not only ERC-20 tokens between the networks but also non-fungible tokens (NFTs) deployed on the ERC-721 standard.&nbsp;</p>
 <p>However, some “tricky aspects” still need to be resolved, including EVM gas fees mapping on Cadence.&nbsp;</p>
 <p>At the time of writing, the post has only received 12 likes, with no responses or deadlines on the proposal.&nbsp;</p>
 <p>Flow is a permissionless layer-1 blockchain on the proof-of-stake consensus protocol developed by Dapper Labs and launched in 2020.&nbsp;</p>
 <p>The project&nbsp;raised&nbsp;$18 million on CoinList across the community sale and auction from nearly 13,000 participants.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/flow-proposes-bridging-to-ethereum-via-gateway-tbt65372.html">https://thebittimes.com/flow-proposes-bridging-to-ethereum-via-gateway-tbt65372.html</a></p>

Flow proposes bridging to Ethereum via ‘gateway’

TheBitTimes

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