Execution Layer

Lollipop Labs
Sep 11, 2023

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The Execution Layer is a major component in OP Stack, responsible for processing and executing smart contracts and transactions on the chain. In simple terms, the Execution Layer refers to the type of virtual machine used, and in OP Stack, the Execution Layer is the EVM (Ethereum Virtual Machine). The goal of the Execution Layer is to provide efficient smart contract execution and transaction processing capabilities, ensuring the performance and scalability of the blockchain network. #Web3 #ETH #OPStack #EVM #Lollipop #POP

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Lollipop Labs

Web3 advocates a future internet that is decentralized, user-centric, and prioritizes data privacy.