What are EVM-compatible blockchains? | Headlines | News | CoinMarketCap
09/02/2023 21:03
A term commonly thrown about is that of EVM-compatibility, which refers to a blockchain that's compatible with the Ethereum Virtual Machine. In …
A term commonly thrown about is that of EVM-compatibility, which refers to a blockchain that's compatible with the Ethereum Virtual Machine.
In this article, we will explore what EVM-compatible blockchains are, how they work, and why they are important for the future of blockchain technology.
Understanding the Ethereum Virtual Machine
The EVM is the engine that powers the Ethereum blockchain, providing a runtime environment for decentralized applications and smart contracts. As a Turing-complete machine, it can execute programs written in any language, making it a flexible and powerful tool for developers.
Conceptualized by programmer Vitalik Buterin and designed by Gavin Wood, the EVM operates as a continuous state machine. It handles the execution of smart …