If you write code once, but it works seamlessly on a thousand compatible chains,

then the value of what you have just produced is far greater.

EVM equivalence takes the EVM network effects to a whole new level.

Bankless Nation, today on the newsletter, and now also on the YouTube and podcast,

you're going to explore the concept of EVM equivalence,

and in my opinion, the paradigm of EVM equivalence will unlock the next phase of Ethereum's growth.

DeFi Summer 2020 hit Ethereum's limits to scale.

Since then, the network effects of the EVM has fractured into different directions.

New layer ones and even many layer twos have broken from the EVM standard in order to produce

scale. But the era of EVM equivalence is upon us, and it will allow Ethereum to pick up

where DeFi Summer left off. A new Cambrian explosion of innovation is on the horizon.

We just need EVM equivalence to unlock it.

This is an article that I wrote on the Bankless newsletter, and I'm reading it aloud for those

that prefer audio or video content. A big shout out to Ben Jones from the Optimism team,

and also David Meow for their invaluable help in helping me go through this very challenging

topic, this concept of understanding EVM equivalence and the network effects around the EVM

has been extremely challenging. I'm not technical, and so this is a very technical concept that I've

worked really hard to get into what Bankless is really good at, which is abstraction,

and metaphor, and meaning, and significance without having to go into the nitty-gritty details.

So thank you to those guys for helping me get through this. I hope that this is an extremely

digestible, albeit a little bit long piece that teaches us a very critical lesson about how

this industry works. All right, let's go ahead and get right into it. First, I'm going to read out

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