Name: Neon
SKU: NEON
Price: 0.888459526906 USD

Neon is a fully Ethereum-compatible environment on Solana.Neon EVM provides a low-friction solution to enable Ethereum dApps to function within Solana, eliminating the gap between two leading blockchains. Neon EVM positions Ethereum developers to enjoy the best of Solana’s network, from low fees to high transaction speeds, and parallel transaction execution capabilities.While Solana has been one of the fastest, organically-growing chains, its incompatibility with EVM has left several hundred million in TVL, millions of users, and an entirely new ecosystem untouched by EVM Multichain dApp developers - until now. Neon EVM’s pioneering solution is the anticipated innovation in the Solana ecosystem and makes Solana a viable option for multichain builders. Neon EVM brings together the best of both chains while keeping user security and safety paramount.Ethereum infrastructure<ul><li>Accounts &amp; signatures</li><li>Tools &amp; infrastructure</li><li>ETH-like Web3 RPC API</li><li>ETH, ERC-20 tokens</li><li>Solidity smart contracts</li></ul>Solana blockchain<ul><li>Liquidity</li><li>Userbase</li><li>Tx record in Solana</li><li>High speed tx</li><li>Low transaction fees</li></ul>

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Neon EVM is an Ethereum Virtual Machine on Solana that allows developers to scale Ethereum dApps by using Solana as the settlement layer, thus opening up Solana’s user base to Ethereum dApps.The Neon EVM protocol offers a solution to two significant challenges that Ethereum dApps face - namely transactional and ecosystem access challenges.The Neon EVM economy is fee-based. The Neon token, NEON, is an SPL utility token with 2 functions:<ul><li>Payment of fees​: The Neon EVM Operator accepts payment from the user in NEON tokens to pay the fees required for transaction execution.</li><li>Governance​: Owners of NEON may engage in the Neon DAO governance activities</li></ul>

Neon

Neon is a fully Ethereum-compatible environment on Solana

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