The Ethereum Virtual Machine or EVM is a program that runs all the smart contracts on the Ethereum network. EVM is also a state machine that ensures continuous, uninterrupted, and immutable network operations. Furthermore, the machine ensures that every block added to the blockchain follows a canonical and valid state.
The Ethereum Virtual Machine is also a Turing-complete machine that can process codes from programming languages such as Solidity, Vyper, and Python.
EVM is a technological innovation that enables smart contracts to work. Ethereum is as popular as it is now because it is the first blockchain to have VMs and smart contracts. All crypto applications are born from systems that were first built by Ethereum’s developer team. Currently, it is the most popular VM program in the crypto world.
A whale is an individual or organization that holds a large number of cryptocurrencies.
A decentralized Autonomous Organization or DAO is an organizational model that does not use centralized leadership. A...