Are #bitcoin and #crypto the future of currency.
02 Oct 2021, 10:45
Are #bitcoin and #crypto the future of currency?
Same news in other sources
102 Oct 2021, 11:00
#EVM 101
So, what is a #VirtualMachine?🤔
A Virtual Machine is a virtual computer that runs on the #blockchain and allows #smartcontracts from multiple sources to interact with one and other.
You might be wondering🧐 what a #smartcontract is, so let's also quickly cover that.
A #smartcontract is simply an agreement🤝, expressed as code, executed on the #blockchain, and the language it uses is blockchain platform-specific.
To run smart contracts on different blockchain platforms, we need #VMs to allow smart contracts written in 1⃣ language to run another #blockchain, which saves time⏱️ & costs🤑 compared to rewriting & testing new smart contracts or even learning💡 a new programming language.
#EVM 101. So, what is a #VirtualMachine.
#EVM 101
So, what is a #VirtualMachine?🤔
A Virtual Machine is a virtual computer that runs on the #blockchain and allows #smartcontracts from multiple sources to interact with one and other.
You might be wondering🧐 what a #smartcontract is, so let's also quickly cover that.
A #smartcontract is simply an agreement🤝, expressed as code, executed on the #blockchain, and the language it uses is blockchain platform-specific.
To run smart contracts on different blockchain platforms, we need #VMs to allow smart contracts written in 1⃣ language to run another #blockchain, which saves time⏱️ & costs🤑 compared to rewriting & testing new smart contracts or even learning💡 a new programming language.