Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...
Flow, the Layer-1 home to NBA Top Shot, has upgraded its mainnet to EVM equivalency and announced that Google and Ubisoft are now node operators on the network.
According to the press release shared with Cryptonews, Flow collaborates with many crypto companies and non-crypto brands.
This includes Alchemy, Izumi, Moonpay, the NFL, the NBA, and Ticketmaster, and has now also welcomed Google and Ubisoft among its node operators.
It further stated that the Crescendo upgrade is now live on the Flow mainnet.
It enables Ethereum Virtual Machine (EVM) equivalency for seamless, multi-chain interoperability, which is expected to “power a wide variety of next-generation applications.”
Crescendo natively supports ERC-20 and ERC-721 tokens, doubles storage efficiency, and reduces memory usage by 40%.
Additionally, Flow now features smart contracts in the programming language Cadence 1.0. It’s designed for managing digital assets, including crypto, on-chain art, and collectibles, the team remarked.
With all this said, the team claimed that the latest upgrade “drives forward network scalability, security, and decentralization while also establishing even sturdier foundations for developers and businesses to build and operate apps for everything from DeFi and NFTs to DePIN and payments.”
Less than 24 hours till the Crescendo Network Upgrade on Flow Mainnet
To accommodate this significant upgrade, the Flow network will be in maintenance for ~6 hours starting at 5am PT, 4th September.
For developers, this is your last chance to stage any contracts