What is Ethereum EVM (Ethereum v2)?
What is Ethereum EVM? Ethereum EVM is short for Ethereum Virtual Machine (EVM).
What is Ethereum EVM? Ethereum EVM is short for Ethereum Virtual Machine (EVM). It is a technology used for writing smart contract applications and running blockchain software. This technology was proposed by Ben Edgington, a developer at Consensys, with the aim of addressing some of the issues in the current Ethereum network by implementing decentralization, scalability, and security features in the Ethereum Virtual Machine. According to the Ethereum official website, its goal is to process data and execute transactions without transaction fees, eliminating the need for users to send transactions on the blockchain platform.
Ethereum v2
According to reports, Ethereum developers are implementing the final roadmap for Ethereum 2.0. According to the developers, v2 will function as a “shard,” meaning everyone will have to use them when merging.
However, the team states that “one of the main reasons we want to achieve this goal is EIP-1559.” It will also allow the creation of new types of smart contracts with some functionalities similar to V1. Additionally, it provides a way for users to obtain funds from their ETH. (theblockcrypto)
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