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Parallelized Ethereum Virtual Machines (EVMs) break down smart contract execution into parallel tasks, harnessing the power of multiple nodes simultaneously. The most popular parallelized EVMs, such as Sei (SEI), Canto (CANTO), Nomad, and NeonEVM (NEON), are attempting to do this by processing transactions off-chain, then aggregating them back onto the Ethereum mainnet. This approach drastically improves transaction throughput and reduces latency, addressing Ethereum’s historic limitations.
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- Source: https://www.coindesk.com/opinion/2024/06/19/cryptos-long-tail-disruptive-trends/?utm_medium=referral&utm_source=rss&utm_campaign=headlines