A new proposal has been proposed to create a ‘gateway’ software that would allow transactions to be packaged from Ethereum and submitted to Flow.
If the community approves, the Flow (FLOW) ecosystem could soon support Ethereum-based decentralized applications (dapps).
The proposal was published by Dieter Shirley, co-founder of Dapper Labs and lead architect at Flow, who explained that no code changes would be required to create full Ethereum Virtual Machine (EVM) equivalence on Flow.
You might also like: Crypto assets see inflows for the first time in six weeks
Developers could wrap remote transactions in Cadence, a smart contract programming language for the Flow blockchain, using so-called ‘gateway’ software.
If Flow opens up its infrastructure to Ethereum-compatible virtual machines, blockchain developers will be able to bridge not only ERC-20 tokens between the networks, but also non-fungible tokens (NFTs) deployed on the ERC-721 standard.
However, there are still some “tricky aspects” to be resolved, including the mapping of EVM gas rates on Cadence.
At the time of writing, the post has received just 12 likes, with no responses or deadlines on the proposal.
Flow is a permissionless layer-1 blockchain on the proof-of-stake consensus protocol developed by Dapper Labs and launched in 2020.
The project raised $18 million on CoinList during its community sale and auction from nearly 13,000 participants.
Read more: Dapper Labs is laying off employees in the second round since 2022