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The Ethereum Virtual Machine (EVM) is Fire. It's the backbone of Ethereum, making smart contracts and dApps possible. Versatile and crucial for the blockchain!
Launch Date
It was launched with Ethereum on July 30, 2015, marking a major milestone in blockchain technology, making it possible to build smart contracts and dApps.
Core Functions
EVM powers smart contracts and dApps on Ethereum, allowing developers to build complex, autonomous apps without worrying about downtime.
Key Features
Turing Complete: Having enough resources, the EVM can handle any computation.
Secure: To keep smart contracts safe, it runs in isolation.
Scalable: Supports thousands of smart contracts and dApps at once.
Development Milestones
July 30, 2015: Ethereum & EVM launch.
March 14, 2016: Homestead upgrade boosts EVM security.
October 16, 2017: Byzantium upgrade enhances EVM efficiency.
February 28, 2019: Constantinople & St. Petersburg reduce gas costs.
December 1, 2020: Beacon Chain starts Ethereum 2.0, moving to PoS. 1 reply
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