Ethereum Virtual Machine (EVM)

Ethereum Virtual Machines (EVMs) are dedicated systems with computation engine that functions as decentralized computers. The EVM almost has millions of executable projects deployed on them. EVMs play a crucial role in the blockchain while mitigating the issues faced by users.

EVMs are a part of the Ethereum network that runs smart contract deployment and execution. A smart contract in Etherium is defined by a specific piece of code that can only run in the given network. This code in EVM remains safeguarded as it remains completely isolated from the network and other systems.

In Etherium there are generally two types of accounts. One is Externally owned accounts (EOA) and the other is Contract accounts. EVMs facilitate treating both accounts with equal importance.