Ethereum Virtual Machine (EVM)

The Ethereum Virtual Machine (EVM) is the fundamental component of the Ethereum blockchain. It functions as a decentralized computational engine that leverages smart contracts for running decentralized applications (dApps). It is not employed by Ethereum alone; Polygon, Arbitrum, and Avalanche also use it. EVMs are not physical devices; instead, they operate across multiple nodes and computers.

As a result of its decentralized nature, EVMs ensure reliability and security within the Ethereum Network. The primary role of EVMs is to maintain consensus across the Ethereum blockchain, which is significant for the integrity and security of the Ethereum ecosystem. It empowers innovation, scalability, and seamless interoperability for blockchain-based solutions globally.