TAMPA, Fla.–(BUSINESS WIRE)–Execution Machine (“EXM”) launched in beta this week as an important milestone for developers who want to build decentralized applications in Web3, who may not otherwise have the blockchain experience or ability to do so. EXM leverages serverless persistent functions, or “lambda” technology, to provide a code-agnostic environment for rapidly developing permaweb applications. This is an emerging blockchain technology that has received significant attention and interest in recent weeks.
Andres Pirela, founder of EXM and a core developer of the Arweave ecosystem, was featured in Forbes earlier this year as part of a team leveraging blockchain technology and permanent storage to preserve records and news related to the Ukraine conflict. Mr. Pirela is excited about the potential for EXM to bring developers into the Web3 experience at scale: “Execution Machine is built for developers of all backgrounds to provide low-code, verifiable and serverless computing to rapidly build trustless applications, including developer tools and everyday use cases.”
The project is the first to be publicly launched by Community Labs, a native software development company and venture studio that supports the Arweave ecosystem. Community Labs partnered with Mr. Pirela and supported EXM because the value proposition supports their commitment to driving the use of persistent storage and Arweave’s application layer.
Tate Berenbaum, Co-Founder and CEO of Community Labs, has worked with Mr. Pirela in the development of EXM: “We are excited to support Andres in his work to define a new way to build permaweb applications while enabling Web2 developers to leverage widely used lambda technology through EXM.”
EXM is important to Web3 adoption as Web2 developers consider blockchain technology and think through real-world use cases. EXM is a core developer tool that enables mass adoption and can replace existing Web3 protocol infrastructure tied to centralized computation. The future is bright with Mr. Pirela and the EXM team bridging the gap to the estimated 25 – 30 million developers worldwide, all of whom will be looking to migrate to the programmable internet over the next few years.
About execution machine
Execution Machine (EXM) is a software development platform and runtime environment that enables developers of any background or experience to build trustless applications in Web3. EXM leverages serverless persistent functions, or “lambda” technology, to provide a code-agnostic environment for rapidly developing permaweb applications. EXM is supported by Community Labs, an Arweave native software development company and venture studio for products and protocols built on permaweb.
About Community Labs
Community Labs is an Arweave native software development company and venture studio for products and protocols built on permaweb. Community Labs is modeled after the software development company Ethereum ConsenSys and is focused on developing foundation-level infrastructure for the next thousand developers and millions of users of Arweave’s permanent storage blockchain. Tate Berenbaum, co-founder and CEO, has been building on Arweave since 2019 and has experience bringing several foundational protocols to market.