Last Updated on July 18, 2024
The Ethereum Virtual Machine (EVM) is a decentralized virtual environment that executes code consistently and securely across all Ethereum nodes.
Most blockchains weren’t initially designed to communicate with each other. This phenomenon alienated standalone networks and created a divide with assets.
Networks like Ethereum (ETH) attempted to mitigate this issue by developing what is called the Ethereum Virtual Machine (EVM). This environment allowed anyone to build ETH-compatible tools and connect with Ethereum’s mainnet.
It handles smart contract deployment and execution, state updates, and complex computations and value transfers.
All Ethereum accounts and smart contracts are stored on this virtual computer.