Introduction The Ethereum Virtual Machine (EVM) is the decentralized computing engine that powers the Ethereum blockchain and numerous other EVM-compatible blockchains. Serving as the environment in which all Ethereum smart contracts execute, the EVM plays a critical role in managing the logic behind decentralized applications (dApps), enabling developers to create trustless, automated systems.
In this article, we’ll explore the Ethereum Virtual Machine in depth—its architecture, functionality, advantages, limitations, and why it remains one of the core innovations that made Ethereum the foundation of decentralized finance (DeFi), NFTs, and Web3 development.