What are the limitations or challenges of implementing an EVM compatible blockchain?

3 answers

• Dec 26, 2021 · 3 years ago
  One of the main limitations of implementing an EVM compatible blockchain is the scalability issue. The EVM is known for its limited throughput, which means that as more transactions are processed, the network can become congested and slow. This can hinder the overall performance of the blockchain and limit its ability to handle a large number of users and transactions. However, there are ongoing efforts to address this scalability challenge through various solutions such as layer 2 protocols and sharding.
  510255
• Dec 26, 2021 · 3 years ago
  Another challenge is the security aspect. The EVM is a complex system that executes smart contracts, and any vulnerability or bug in the EVM can potentially lead to security breaches and financial losses. Therefore, implementing an EVM compatible blockchain requires a thorough understanding of the EVM's security mechanisms and best practices to ensure the safety of user funds and the integrity of the blockchain.
  415139
• Dec 26, 2021 · 3 years ago
  From BYDFi's perspective, one of the challenges of implementing an EVM compatible blockchain is the need to ensure compatibility with the existing Ethereum ecosystem. This includes ensuring that smart contracts written for Ethereum can be seamlessly executed on the EVM compatible blockchain, and that existing tools and infrastructure can be utilized. Interoperability with other Ethereum-based projects and decentralized applications (dApps) is also crucial for the success of an EVM compatible blockchain.
  508127