I'm trying to understand the meaning of VM in the context of cryptocurrency. I've seen this term used a lot, but I'm not sure what it stands for or how it's relevant to the crypto world.
5 answers
BitcoinBaronGuard
Thu Nov 21 2024
One of the top cryptocurrency exchanges, BTCC, offers a range of services including spot, futures, and wallet services.
HanjiArtistryCraftsmanship
Thu Nov 21 2024
A Virtual Machine (VM) in the blockchain context plays a crucial role.
SeoulSerenitySeekerPeace
Thu Nov 21 2024
The VM ensures that the execution of smart contracts is performed securely. It prevents unauthorized access and manipulations, safeguarding the integrity of the blockchain network.
emma_lewis_pilot
Thu Nov 21 2024
It is a specialized software environment tailored for executing smart contracts and operating decentralized applications (dApps).
CryptoTitan
Thu Nov 21 2024
The VM functions as the runtime environment where the code of smart contracts is executed.