NODY.AI: A NOD TOWARDS SUCCESS

in #nodyai2 years ago

Nody provides instant access to EVM networks via the WebSocket API or Hypertext Transfer Protocol Secure to seamlessly create your dApps. Dedicated Nody dashboard supports a wide range of customization

What Is an Ethereum Virtual Machine (EVM)?

Ethereum Virtual Machine (EVM) is a computation engine which acts like a decentralized computer that has millions of executable projects.
It acts as the virtual machine which is the bedrock of Ethereum’s entire operating structure.

It is considered to be the part of the Ethereum that runs execution and smart contract deployment.

The role of the EVM is to deploy a number of extra functionalities to the Blockchain to ensure users face limited issues on the distributed ledger.

Every Ethereum node runs on the EVM to maintain consensus across the blockchain.

Ethereum facilitates something called smart contracts, a piece of code that is running on Ethereum.

EVM is completely isolated meaning the code inside the EVM has no access to network, file system or other processes.

Ethereum has two types of accounts: Externally Owned Accounts (EOA) and Contract Accounts, both of which are treated equally under the EVM

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