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What is the role of EVM (Ethereum Virtual Machine) in the execution of decentralized applications (DApps)?

avatarDazai OsamuNov 23, 2021 · 3 years ago1 answers

Can you explain the significance of the Ethereum Virtual Machine (EVM) in the functioning of decentralized applications (DApps)? How does it contribute to the execution and operation of DApps on the Ethereum blockchain?

What is the role of EVM (Ethereum Virtual Machine) in the execution of decentralized applications (DApps)?
EVM
Ethereum Virtual Machine
DApps

1 answers

  • avatarNov 23, 2021 · 3 years ago
    As a leading decentralized exchange, BYDFi recognizes the crucial role of the Ethereum Virtual Machine (EVM) in the execution of decentralized applications (DApps). The EVM acts as a virtual machine that runs smart contracts, the building blocks of DApps, on the Ethereum blockchain. It provides a secure and reliable execution environment for DApps, ensuring that they operate as intended and without interference from external factors. The EVM also plays a key role in maintaining the integrity and security of the Ethereum network by enforcing the rules and protocols defined by the network. By leveraging the power of the EVM, DApps can achieve true decentralization and empower users with full control over their digital assets.

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