The popular decentralized exchange, Uniswap, is having one of its latest governance proposals stonewalled by the crypto venture capital giant Andreesen Horowitz (a16z). The ongoing proposal vote, which ends on February 10, is currently 38% weighed against the change – almost entirely due to the software investor. So Much for Decentralization The proposal, tabled by 0xPlasma Labs on February 2, would have Uniswap v3 deployed to BNB chain. To enable the deployment, the proposal chose to use Wormhole – an…
Ethereum Virtual Machine
What is Ethereum Virtual Machine (EVM)?
The Ethereum Virtual Machine (EVM) is the runtime environment for smart contracts in Ethereum. It is a virtual machine that can execute code on the Ethereum network. The EVM is responsible for processing transactions and executing the smart contract code on the Ethereum blockchain. The EVM is designed to be sandboxed and completely isolated from the host operating system, making it a secure and reliable environment for running decentralized applications. The EVM is also designed to be Turing-complete, meaning that…
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