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About BIBIBI Daily Digest Privacy & Account Security

For information and learning only. Not investment advice. Crypto assets involve risk.

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Glossary

Terms6 shown

BNB Smart Chain (BSC)A blockchain launched in parallel with BNB Beacon Chain that provides an EVM-compatible layer supporting smart contracts, DApps, and DeFi services.
EVMThe Ethereum Virtual Machine; networks compatible with it can run Ethereum-style smart contract applications.
Ethereum Virtual Machine (EVM)The virtual machine run by nodes on the Ethereum network to execute smart contracts.
smart contractsPrograms executed in the Ethereum Virtual Machine (EVM).
Ethereum Virtual Machine (EVM)The computational core of the Ethereum ecosystem: a Turing-complete programmable machine that decodes bytecode and executes smart contracts.
Gas FeeThe transaction fee required to execute an EVM transaction; its amount may vary depending on contract complexity and network activity.

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Definition

Ethereum Virtual Machine (EVM)

The virtual machine run by nodes on the Ethereum network to execute smart contracts.

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