Stuart Popejoy, Kadena CEO emphasized that Chainweb EVM’s parallel transaction execution across multiple chains delivers the Layer 1 scalability and security required for institutional-grade financial applications

Quotes that support claims

Built on Kadena’s braided proof-of-work architecture, Chainweb EVM executes transactions in parallel across multiple chains, boosting throughput while preserving the security guarantees of proof-of-work.

Over the next few years, developers building serious financial applications will realize they can have parallel processing at Layer 1 with proof-of-work security,” said Stuart Popejoy, Kadena co-founder and CEO