Ethereum Virtual Machine (EVM)
By CoinGecko | Updated on Mar 03, 2020
Ethereum Virtual Machine (EVM) is the environment in which all smart contracts are executed.
In the Ethereum network, each and every node runs an EVM instance allows them to execute the same instructions. EVM is vital to the Ethereum network, as it allows anyone to execute codes in a trustless environment while guaranteeing the outcome (eg. execution of smart contracts).
Related Terms
Relative Strength Index (RSI)
Relative Strength Index (RSI) is a popular technical indicator used to analyse financial markets. By charting the current and historical closing prices to evaluate overbought/oversold conditions, RSI oscillates between 0 - 100, with <30 indicating oversold and >70 indicating overbought.
Turing-Complete
A "turing complete" code or blockchain refers to the ability to read program-written codes.
Cold Storage
Offline storage of cryptocurrencies which is arguably safer as they also require physical access (eg. hardware wallet, paper wallets)
Whitelist
List of approved participants that will be given access to a token sale (ICO, IEO, STO etc...)
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