Coinspeaker
Filecoin Virtual Machine Goes Live on Mainnet, Now Supports Smart Contracts and User Programmability
The Filecoin Virtual Machine (FVM) recently went live on the mainnet, with the payment system’s blockchain now supporting added features. These features include smart contracts and user programmability through the Filecoin Virtual Machine. Launching the FVM on the mainnet also opens up the great potential of an open data economy.
Breakdown of Filecoin Virtual Machine Mainnet Launch Capabilities
The Filecoin Virtual Machine mainnet launch sees the network become programmable for the first time. Dubbed ‘Hygee,’ the network upgrade is also the largest update in the history of the Filecoin network. In addition to unlocking enormous potential, Hygee allows developers to port existing EVM contracts with no changes. Furthermore, developers can port the contracts while connected to the Filecoin network and storage services. Developers can also deploy EVM development tool-compa
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