WaykiChain Ver.4.0: The Challenges and Opportunities of Seamless Migration to the Ethereum Ecosystem

WaykiChain WICC
2 min readJul 19, 2023

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The development of blockchain technology, like an evolving ecosystem, is gradually becoming a key driver in the global digitalization process. Against this backdrop, the 4.0 version upgrade plan of WaykiChain undoubtedly marks another significant milestone in its development.

In the new upgrade plan, WaykiChain aims to implement a high-performance blockchain compatible with EVM (Ethereum Virtual Machine), and achieve the goal of seamless migration to the Ethereum ecosystem. This upgrade will have a positive impact on the future development of WaykiChain and the value of WaykiChain’s token, WICC.

EVM is a core component of Ethereum, allowing anyone to create and run smart contracts on the Ethereum platform. The EVM compatibility of WaykiChain 4.0 means that it can seamlessly integrate with the smart contracts and DApp ecosystem of Ethereum, enhancing the interactivity and scalability of WaykiChain.

Through this compatibility, WaykiChain will be able to attract more developers and users, and leverage the vast ecosystem of Ethereum to further expand its influence. This will help to enhance the value of WaykiChain’s token WICC, as more interactions and use cases will generate greater demand.

Currently, Ethereum is the largest open blockchain platform with a large user base and a rich DApp ecosystem. The goal of WaykiChain 4.0 is to achieve seamless migration to the Ethereum ecosystem. This means that all DApps and smart contracts based on Ethereum can easily migrate to WaykiChain.

This move will greatly expand the influence and market share of WaykiChain. Because, without any modifications to the existing DApps, they can be migrated to WaykiChain, which is undoubtedly a huge attraction for developers.

At the same time, this will also bring greater value to WaykiChain’s token WICC. Because, as more DApps and users join, the use cases of WICC will greatly increase, thereby driving its value up.

In summary, the EVM compatibility and seamless migration to the Ethereum ecosystem of WaykiChain 4.0 will have a profound impact, whether on the future development of WaykiChain or on the value of WICC. This impact is not only reflected in the upgrade of the technical level, but more importantly, it may reshape the entire blockchain ecosystem. It may bring a “1+1>2” effect. That is to say, EVM compatibility and seamless migration to the Ethereum ecosystem may promote each other and jointly promote the development of WaykiChain, thereby producing an impact beyond a single factor.

We have reason to expect that this upgrade will bring new development opportunities for WaykiChain and bring more possibilities to the world of blockchain.

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