Nibiru Chain Introduces High-Performance EVM Execution Environment to Overcome Ethereum's Scalability Hurdles and Drive Mainstream Adoption in Web3

Nibiru, a smart contract ecosystem, has introduced Nibiru EVM, a high-performance Ethereum Virtual Machine (EVM) execution environment that boasts blazing-fast transaction speeds and scalability. Nibiru plans to scale beyond Ethereum's current infrastructure, which is limited to approximately 20 transactions per second (TPS) and results in high fees during periods of congestion. Nibiru EVM surpasses these limitations by offering throughput exceeding 10,000 TPS even with just single-threaded execution. The multi-VM approach of Nibiru EVM ensures fast transaction processing and a streamlined user experience, empowering developers with a robust, user-friendly environment that enables seamless interaction between Ethereum-based tokens and applications.