The JavaScript virtual machine that could change Web3
Hyperweb, a Cosmos-based project, aims to drive mainstream adoption of Web3 by focusing on JavaScript through its newly introduced Hyperweb Virtual Machine (HVM). It allows developers to write smart contracts using pure TypeScript, bypassing the complexities of Solidity or Rust. Co-founder Dan Lynch describes HVM as a modern and intuitive environment, demonstrated through successful trials with UC Berkeley students who quickly developed multiple contracts. Hyperweb plans to be a sovereign chain known as the Interchain JavaScript Hub, enabling easy deployment of applications across various blockchains without significant rewriting. Unlike many Cosmos chains that use proof-of-stake models, Hyperweb is exploring a proof-of-authority model to manage inflation issues in tokenomics. The overarching vision is to unify the blockchain ecosystem, bridging gaps between Web2 and Web3, with ambitions to integrate various chains like Ethereum and Solana in the future. An initial local net is available for developers to experiment before a public testnet launch, with potential for rewards for participation.
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