About

Evmos is a blockchain-based operating system offering tools and resources for developing decentralized applications (dApps). It provides documentation for setting up local nodes, becoming a validator, and accessing APIs. Evmos emphasizes security and contributions to its open-source ecosystem, supporting developers in the Cosmos ecosystem with EVM compatibility.

History

Evmos was first conceived in 2016 as "Ethermint," or the Ethereum Virtual Machine (EVM) running on the Tendermint consensus protocol of Cosmos. In April 2021, Tharsis Labs was awarded funding of 100,000 ATOM tokens by the Cosmos Hub community to make the concept of Ethermint into reality. Evmos is a layer-one blockchain that intends to deliver EVM-on-Cosmos, hence the rebranded name of "Ev-mos." In February 2022, Tendermint announced a rebrand to become Ignite.

Some of the primary features of Evmos include multichain interoperability and the ability to move value between chains. In addition, through its token economics, Evmos is seeking to strike a better balance in terms of incentives and rewards among the following three network stakeholders: users, developers, and validators. Evmos expands upon the idea of a token as network fuel—captured primarily by block proposers/miners/validators—to include more value for users and developers, seeking to achieve better alignment of stakeholders. Evmos is scheduled to launch its mainnet and token airdrop in the first quarter of 2022.