Most of our articles are related to crypto, again touching on the latest network topics, there is definitely the existence of Ethereum Virtual Machine (EVM).
By now, surely you already understand the difference between the Ethereum network and its native coin, ETH.
This time, get to know Ethereum Virtual Machine (EVM).
Introduced by Polkadot founder, Kusama - Gavin Woods; and Greg Colvin
Is a software platform that allows developers to introduce decentralized applications (dApps) in Ethereum.
The code that generates this platform is isolated from the Ethereum network, including the file system, or any processing nodes.
Each node in Ethereum applies EVM to ensure the same compliance implementation.
EVM is also complete with Turing - a system that allows all computing functions to be performed.
Ethereum requires EVM to allow anyone to run code in a trustless ecosystem, for example smart contracts.
Smart contracts use the Solidity programming language before they are converted to bytecode
Since it is a different platform from Ethereum, EVM can also be applied on any network.
Its function:
To identify the overall network state for each block in the blockchain.
The advantages:
Allows developers to introduce dApps.
For example, non-fungible tokens (NFTs) are powered by smart contracts and are compatible with EVM.
Developers can not only create NFTs but can sell their works in decentralized markets (thus penetrating overseas markets).
Enables the placement of additional functions in the blockchain ecosystem.
Offers protection and execution of unsourced code
The meaning of EVM compatibility with any blockchain is detailed as follows:
Since any blockchain can implement EVM code, it means that what Ethereum has is also feasible on other networks.
Because of this many new networks have compatibility with EVM, thus becoming Etthereum’s closest competitors.
Some of the networks that are compatible with EVM include:
Binance Smart Chain (BSC)
Phantom
Polygon
Avalanche
Cardano
TRON
Telos
Kusama
Cosmos
Velas
Maybe after this, when it comes to the compatibility of Ethereum Virtual Machine (EVM)-you are already clear how its presence in any network other than Ethereum.
In short, EVM is likened to a resource that can be copied across any network that wants to compete closely with Ethereum with the latest improvements.
