EOS Network Foundation founder: TrustEVM can be a viable expansion solution for Ethereum
On July 1st, a Morgan Stanley report said that switching to PoS will not solve the expansion problem of Ethereum. Yves La Rose, founder and CEO of The EOS Network Foundation, shared The report on social media and said: "The Merge will not solve The ethereum scaling problem, but EOS will. With Trust EVM, Ethereum finally has a viable scaling solution."
Yves La Rose is reported to have said on social media that EOS has always been a high performance, low cost L1 blockchain network. Freed from the shackles of Block.one, the EOS community is fully funded and talented and is reinvigorated. EOS is not intended to be an "Ethereum killer" and Trust EVM may become the preferred L2 solution for Ethereum. Trust EVM is the official EOS EVM platform, featuring deterministic Gas computing, instruction set-level EVM compatibility, and full RPC compatibility, and will soon be available on the EOS mainnet.