What Is an EVM-compatible Blockchain and Why Is It Relevant for Developer Skill Sets?
An EVM-compatible blockchain supports the Ethereum Virtual Machine, allowing developers to use the same tools, smart contracts (Solidity), and development standards as Ethereum. This is relevant because it significantly lowers the barrier to entry, enabling teams to quickly deploy on multiple chains without learning new languages.
Glossar
EVM
Architecture ⎊ The Ethereum Virtual Machine represents a decentralized computational engine crucial for executing smart contracts, functioning as the runtime environment for applications built on the Ethereum blockchain.
EVM Compatibility
Interoperability ⎊ Ethereum Virtual Machine (EVM) compatibility, within the context of cryptocurrency derivatives and financial engineering, signifies the capacity of blockchain networks beyond Ethereum to execute smart contracts originally designed for the Ethereum ecosystem.