April 9 (Cointime) - Yves La Rose, CEO of the EosNFoundation, announced that the EOS Ethereum Virtual Machine (EVM) has successfully passed its security audit conducted by security audit firm Sentinel. This paves the way for the much-anticipated launch of EOS EVM on April 14th, which is expected to significantly improve EVM performance.

EOS EVM is a compatibility layer that enables developers to run Ethereum smart contracts on the EOS blockchain. By utilizing the EOSIO infrastructure, it aims to provide faster transaction speeds, lower fees, and greater scalability compared to the Ethereum network. The launch of EOS EVM comes at a time when demand for decentralized applications (dApps) and smart contracts continues to grow, highlighting the need for improved performance and innovative solutions in the blockchain space.