When asked, “What exactly is the EVM, and what does ‘EVM-compatible’ mean?”
I usually answer like this: The EVM (Ethereum Virtual Machine) is the runtime environment for executing Ethereum smart contracts. Every node executes the same contract code according to the same rules. “EVM-compatible” lets project teams write a contract once and deploy it across multiple chains. It also means that similar contract vulnerabilities may exist on several chains at the same time.
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