BlockchainIntermediate#Tech#Infrastructure
EVM (Ethereum Virtual Machine)
E
Definition
The software platform that developers use to create decentralized applications and execute smart contracts on the Ethereum network.
Verified by CryptoLV Alpha
Concept Diagram
Key Takeaways
1
The EVM is the runtime engine that executes all smart contracts on Ethereum
2
It has become the industry standard compatible with dozens of networks like Polygon and Arbitrum
3
Stores the entire state of the network beyond just account balances
4
Cannot be shut down by any single entity making it the most resilient software environment
Practical Example
A developer writes a Solidity smart contract once and deploys it identically on Ethereum, Arbitrum, Base, and Avalanche - all EVM-compatible chains.
Finished learning?
Related Terms
Blockchain
dApp (Decentralized Application)An application built on a decentralized network that combines a smart contract and a frontend user interface.
Blockchain
ERC-20The technical standard used for all smart contracts on the Ethereum blockchain for fungible token implementation.
Blockchain
Layer 2 (L2)A secondary framework or protocol built on top of an existing blockchain (L1) to improve scalability and transaction speed.
Blockchain
Smart ContractA self-executing contract with the terms of the agreement between buyer and seller being directly written into lines of code.
Related Deep Dives
Master the hub of Blockchain
Explore all our strategic guides about Blockchain to take your operations to the next level.
View all articles