Slightly confused by this but it is further proving that all roads are leading to Ethereum. Permissioned stacks still have a long way to go in regards to applicability, and honestly may never get there. But, it's exciting to see other platforms implementing the gold standard in smart contract technology and runtime.
It sounds like they've bastardised some of ethereums features onto hyperledger and said"Hyperledger supports Ethereum!" They've replicated the EVM on top of theirs, why? People use Ethereum for it's permissionless public blockchain, not for it's still in beta, fairly limited EVM. They've "implemented" web3, but not really, just the parts of web3 that are synonymous with Hyperledgers features. They have Ethereum EOAs, but not really, there are no tokens in Hyperledger so these are accounts that aren't even saved that are generated on the fly as they need them. I wouldn't exactly call that Ethereum either.
Like nice of them to be proactive trying to integrate with Ethereum but this reads to me like they're rebranding features Hyperledger already has and pretending they're "Ethereum on top of Hyperledger".
the EVM chaincode provides a large hardcoded amount of gas per transaction.
Completely defeats the purpose of gas, and pretending this is a solution is pretty lazy.