Tag: EVM Evolution: Scaling

The Ethereum Virtual Machine (EVM) is a cornerstone of the blockchain revolution, providing a decentralized execution environment for smart contracts. It's the engine that powers much of the decentralized world we see today, from decentralized finance (DeFi) applications to non-fungible tokens (NFTs). Understanding the EVM is crucial for anyone looking to build, invest in, or simply understand the inner workings of blockchain technology. This post dives deep into the EVM, exploring its architecture, functionality, and impact on the blockchain ecosystem. What is the Ethereum Virtual Machine (EVM)? The EVM as a Decentralized Computer The EVM is a virtual machine that executes smart contracts on the Ethereum blockchain. It is essentially a distributed, Turing-complete computer that allows dev...