What is the meaning of EVM in the context of blockchain?

3 answers

• Dec 18, 2021 · 3 years ago
  The EVM, or Ethereum Virtual Machine, is a runtime environment that executes smart contracts on the Ethereum blockchain. It is a crucial component of the Ethereum ecosystem as it allows developers to write and deploy decentralized applications (DApps) on the blockchain. The EVM is responsible for executing the bytecode of smart contracts, ensuring their security and correctness. It provides a sandboxed environment for executing code, preventing malicious or faulty contracts from affecting the entire network. In summary, the EVM is the engine that powers the execution of smart contracts on the Ethereum blockchain.
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• Dec 18, 2021 · 3 years ago
  EVM stands for Ethereum Virtual Machine. It is like a virtual computer that runs on the Ethereum blockchain. The EVM executes smart contracts, which are self-executing contracts with the terms of the agreement directly written into code. Smart contracts enable decentralized applications and allow for the automation of transactions and agreements without the need for intermediaries. The EVM ensures that these smart contracts are executed securely and accurately, providing trust and transparency in the blockchain ecosystem.
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• Dec 18, 2021 · 3 years ago
  The EVM, also known as the Ethereum Virtual Machine, is a fundamental component of the Ethereum blockchain. It is a virtual machine that executes smart contracts written in Solidity, the programming language of Ethereum. The EVM is responsible for processing and validating transactions, executing smart contract code, and maintaining the state of the Ethereum blockchain. It plays a crucial role in enabling the decentralized and trustless nature of Ethereum, allowing developers to build and deploy decentralized applications with programmable logic and self-executing contracts.
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