RATE Group | EVM 2.0: Inside the Race to Replace the Heart of Ethereum
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EVM 2.0: Inside the Race to Replace the Heart of Ethereum

18 Sep EVM 2.0: Inside the Race to Replace the Heart of Ethereum

Posted at 05:57h in Ethereum News by

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At the heart of ethereum lies a virtual computer.

Stored across tens of thousands of nodes that make up the platform, the ethereum virtual machine, or EVM, is responsible for executing the countless tokens, dapps, DAOs and digital kittens of which the blockchain is comprised of.

It’s an engine on top of which the entirety of ethereum operates, and it speaks in a language named “EVM bytecode” — raw, 256-bit strings of information that can deliver any conceivable equation (providing it falls within the platform’s self-imposed limit, gas).

Sounds powerful and important huh? Something not to be messed with too much?

Yet, that integral part of ethereum’s infrastructure is gearing up for a complete rewrite.

“I would make the case there wasn’t an enormous amount of design thinking put into it at the beginning,” Lane Rettig, an ethereum developer, told CoinDesk about the EVM. “It was kind of like a tool – a swiss army knife is the way I would describe it – it does a bunch of…

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