Virtual Machine

Virtual Machine is a software-based emulation of a physical computer, allowing multiple operating systems to run on a single hardware host. In the context of cryptocurrency and blockchain, virtual machines often execute smart contracts. Ethereum's EVM (Ethereum Virtual Machine) is a prominent example, enabling decentralized applications to function independently from the underlying hardware. This abstraction ensures that applications are isolated, secure, and can be executed consistently across different environments. Thus, virtual machines are crucial for maintaining the integrity and functionality of blockchain networks.