Hedera on Ethereum is an initiative that allows developers to build and deploy applications on the Hedera public network, using the Ethereum Virtual Machine (EVM).
The initiative is a joint effort between the Hedera team and the Ethereum Foundation, and was launched in March 2019.
The goal of the initiative is to make it easier for developers to build and deploy applications on Hedera, by providing them with a familiar development environment.
NOTE: It is important to note that Hedera is not an Ethereum-based technology. While there are several projects that have been created to bridge the two networks, in general, Hedera and Ethereum are two separate blockchain networks and must be treated as such. As such, any claims that Hedera is built on Ethereum should be viewed with caution.
The initiative is still in its early stages, but has already attracted some interest from developers.
So far, there are no concrete plans to launch a Hedera-specific EVM, but the team is working on making it possible to run Hedera smart contracts on Ethereum’s mainnet.
In conclusion, the Hedera on Ethereum initiative is an ongoing effort to make it easier for developers to build and deploy applications on the Hedera public network. The initiative has attracted some interest from developers, but is still in its early stages.
There are no concrete plans to launch a Hedera-specific EVM at this time, but the team is working on making it possible to run Hedera smart contracts on Ethereum’s mainnet.
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