Ethereum and EVM
Ethereum is a decentralized platform that enables smart contracts and decentralized applications (dApps). The Ethereum Virtual Machine (EVM) is the runtime environment for executing smart contracts on Ethereum and compatible blockchains.Key Concepts
- Ethereum: A blockchain for programmable money and applications.
- EVM: Executes code exactly as programmed, without downtime or censorship.
- Gas: The unit that measures computational effort in Ethereum.