© Chris Dannen 2017
Chris Dannen, Introducing Ethereum and Solidity, 10.1007/978-1-4842-2535-6_3
Chris Dannen1
(1)Brooklyn, New York, USA
The EVM is a single, global 256-bit “computer” in which all transactions are local on each node of the network, and executed in relative synchrony. It’s a globally accessible virtual machine, composed of lots of smaller computers.
This giant computer, which anyone who has a node or wallet application can access, makes it simple to move arbitrarily large amounts of value (money) nearly instantly. Although anyone can use this global virtual machine, nobody can create counterfeit money inside ...
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