{"id":11069,"date":"2024-02-14T14:15:57","date_gmt":"2024-02-14T19:15:57","guid":{"rendered":"https:\/\/faisalkhan.com\/?page_id=11069"},"modified":"2024-02-14T14:16:02","modified_gmt":"2024-02-14T19:16:02","slug":"ethereum-virtual-machine-evm","status":"publish","type":"page","link":"https:\/\/faisalkhan.com\/learn\/payments-wiki\/ethereum-virtual-machine-evm\/","title":{"rendered":"Ethereum Virtual Machine (EVM)"},"content":{"rendered":"\n

The Ethereum Virtual Machine (EVM) is the runtime environment for smart contracts on the Ethereum blockchain. It’s a crucial part of Ethereum’s architecture, enabling the execution of complex contracts and decentralized applications (DApps) across the network. Acting as a global, decentralized computer, the EVM allows developers to write programs in high-level languages, which are then compiled into bytecode and executed on the blockchain.<\/p>\n\n\n\n

Where It Is Used<\/h3>\n\n\n\n

EVM is used on the Ethereum blockchain and by Ethereum-compatible blockchains, such as Binance Smart Chain (BSC), Polygon (MATIC), and others, to deploy and run smart contracts and DApps.<\/p>\n\n\n\n

Why It Is Used<\/h3>\n\n\n\n

The EVM is used to create a standardized and isolated environment for executing smart contracts, ensuring consistency, security, and compatibility across the decentralized network. This facilitates the development of complex decentralized applications with trustless transactions and agreements.<\/p>\n\n\n\n

Who Uses It<\/h3>\n\n\n\n
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