Evmos functions as an open-source blockchain network that is compatible with the Ethereum platform. The Evmos chain is built using Cosmos SDK running on top of the Tendermint Core consensus engine. It uses a Proof-of-Stake consensus mechanism, is highly scalable and offers interoperability.

Essentially, the platform allows developers to build decentralized applications for a variety of sectors that are cross-chain compatible. It also hopes to encourage Ethereum-based developers and their applications to the Cosmos ecosystem by providing the required tools for bridging the networks together.

EVMOS is the platform’s native cryptocurrency. It has a total supply of 1,000,000,000 EVMOS.

What are Evmos’ key features and how does it work?

Evmos has developed several key pieces of technology in order to achieve its goals of attracting users and developer teams to Cosmos. This includes the use of IBC, Tendermint Core, as well as several other features.

In order to facilitate high throughput, Evmos uses Tendermint Core technology. Tendermint Core is a Byzantine Fault Tolerant (BFT) layer that is able to replicate applications written in any language on machines across the world. It is highly secure and able to tolerate up to one-third of machines failing, including any malicious behaviour.

Evmos also has a library on which developers can share and borrow code used in their smart contracts. This is done to encourage platform growth and improve the maintainability of the ecosystem.

Additionally, Ethereum-based tokens are supported on the Evmos chain thanks to their use of a specific ERC20 module. This allows for a more seamless integration of DeFi protocols into the Evmos ecosystem, and more broadly the Cosmos ecosystem.

What can Evmos be used for?

Developers can use the Evmos blockchain to deploy smart contracts and decentralized applications that are fully EVM compatible. Furthermore, the protocol offers testnets on which developers can test and run their contracts.

Additionally, Evmos uses Inter Blockchain Communication (IBS) in order to provide built-in interoperability with chains launched in Cosmos and BFT.

Where can you buy EVMOS?

EVMOS is available for trading on the following CEXs and DEXs listed here. The most popular platforms with the highest liquidity are MEXC Global and Huobi Global. The price of EVMOS will vary depending on the choice of exchange and overall market conditions. For up-to-date and historic data for EVMOS market prices, please view the price charts on this page.

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