What is the meaning of EVM in the crypto world?

3 answers

• Nov 28, 2021 · 3 years ago
  The EVM, or Ethereum Virtual Machine, is a crucial component of the Ethereum blockchain. It is a runtime environment that executes smart contracts, which are self-executing contracts with the terms of the agreement directly written into code. The EVM allows developers to build decentralized applications (DApps) on the Ethereum network by providing a sandboxed environment for executing smart contracts. It ensures that all nodes in the Ethereum network reach consensus on the state of the blockchain by executing the same instructions in the same order. In summary, the EVM is responsible for executing smart contracts and maintaining the integrity of the Ethereum blockchain.
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• Nov 28, 2021 · 3 years ago
  EVM stands for Ethereum Virtual Machine. It is like the engine that powers the Ethereum blockchain. The EVM is responsible for executing smart contracts, which are the building blocks of decentralized applications on Ethereum. Smart contracts are written in high-level programming languages like Solidity and are compiled into bytecode that can be executed by the EVM. The EVM ensures that all nodes in the Ethereum network agree on the state of the blockchain by executing the same instructions in a deterministic manner. In simple terms, the EVM is the virtual machine that makes Ethereum work.
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• Nov 28, 2021 · 3 years ago
  The Ethereum Virtual Machine (EVM) is a key component of the Ethereum blockchain. It is a Turing-complete virtual machine that can execute code written in Ethereum's smart contract programming languages, such as Solidity. The EVM is responsible for executing smart contracts and maintaining the state of the Ethereum blockchain. It ensures that all nodes in the network agree on the outcome of smart contract execution by following a consensus mechanism. The EVM plays a crucial role in enabling the development and execution of decentralized applications on the Ethereum platform.
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