Virtual Machine


A blockchain virtual machine is a software environment that mimics a physical computer and is designed to execute smart contracts or decentralised applications (dapps) on the blockchain network. It provides a secure and isolated environment, ensuring that code execution is consistent and predictable across different nodes in the blockchain network, promoting trust and reliability in dapps.

One of the most well-known virtual machines in the cryptocurrency space is the Ethereum Virtual Machine (EVM). It is a Turing-complete virtual machine that runs on the Ethereum blockchain, allowing developers to write smart contracts in high-level languages like Solidity and deploy them on the Ethereum network. The EVM executes these smart contracts and ensures their deterministic behaviour across all nodes in the network.

Key Takeaway

In cryptocurrency, a virtual machine is a software environment that mimics a physical computer and is designed to execute smart contracts or decentralised applications (dapps) on the blockchain network.

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