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The smart contract machine has been launched in the EOS ecosystem

20.04.2022

The EOS system, in its blockchain, has started supporting Trust EVM – an electronic machine for organizing smart contracts within the pre-alpha version mode. This information was published by development specialists on the official Twitter page.

The media conducted investigations and found out that the test version will be released to the public within 30 days. A large-scale release of the electronic project in this system for all visitors is planned for this fall. 

Also, the activation of the machine was confirmed by the chairman of the EOS Network Foundation, Eve La Rose. He announced this on his public Twitter page. Eve La Rose considers the project an innovative discovery for DeFi and GameFi with limitless possibilities in combination with speed, throughput, and the financial component of applications. 

The media found out that in the future a personal token will be implemented for the electronic machine. This will contribute to: 

  • the development of various projects in the direction of EOS;
  • reducing the dependence of ENF transaction costs in case of ecosystem token inflation;
  • creating and developing successful business.

The final date of public release and open test implementation is not yet specified.

The cost of EOS according to USD, taking into account the information about the launch of EVM, increased by 5%, in equivalent – up to 2.5 dollars. The capital indicators of the token on the market rose to 2.5 billion.

A little earlier it was reported that ENF is going to recalculate the costs that arose against the background of non-compliance with the agreement with Block.one (it developed EOS). The claimed amount of 4.1 billion dollars will not be required. Losses will be recalculated in accordance with the interests of the parties. 

Initially, the chairman of the Network Foundation, Eve La Rose, intended to receive compensation for this amount of damage, and wrote about it on his public Twitter page. After a short time, due to changes in the market situation, a correction was made. The amount changed from 4.1 billion to 12 billion dollars and more.