What is Ethereum Virtual Machine (EVM)?
Introduction
Ethereum Virtual Machine (EVM) is a virtual environment that runs on the Ethereum network. It contains a full execution environment, including a stack, memory and other components that help run and execute smart contracts.
The Ethereum Virtual Machine executes programs known as “smart contracts” in an isolated environment with no access to any other part of the Ethereum network or any other APIs. Each transaction of ETH from one address to another triggers the running of code by all EVM’s globally, which makes it possible for millions or billions of users to interact with each other at once without compromising security or integrity.”
What is Ethereum Virtual Machine (EVM)?
EVM is a virtual machine that executes smart contracts. It’s responsible for processing transactions, creating new blocks and pushing them to the blockchain. The EVM is an integral component of the Ethereum network, yet it has its own programming language, called Solidity (similar to JavaScript).
Benefit of Ethereum Virtual Machine (EVM)
EVM is an abstract machine with a stack, memory and code. The EVM can have different states and the state changes when certain instructions are executed. EVM runs on Ethereum network to execute smart contracts. EVM uses gas units to run/execute the Smart Contracts on its own Virtual Machine.
List of benefits of Ethereum Virtual Machine (EVM).
Now that you know what Ethereum Virtual Machine (EVM) is, let’s see the benefits of it.
EVM is a universal machine for running any code in the Ethereum blockchain. This means it can be used to run smart contracts and other applications written in Solidity or other languages.
EVM helps in writing simple, clear and fast code as it doesn’t require any additional virtual machine for each language.
Conclusion
Ethereum Virtual Machine (EVM) is a key component of the Ethereum network. It is responsible for executing smart contracts. EVM is a turing complete virtual machine which means it can complete any program that could be run on a classical computer.