The EVM: Get Familiar
The recent speculations about a possible Ethereum ETF, mean it’s time to get familiar with some basics about the second-biggest asset in crypto land.
The Ethereum Virtual Machine (EVM)
The EVM is a crucial component of the Ethereum blockchain network.? It is a software-based emulation of a physical computer.?
It provides an execution environment for smart contracts, and processes and executes these smart contracts, ensuring their deterministic execution across all nodes in the Ethereum network.
The EVM is a foundational component of the Ethereum blockchain, enabling the execution of smart contracts and powering decentralized applications, token transfers, and various other functionalities within the Ethereum ecosystem.