November 7, 2024
By
Zhivko Todorov
November 7, 2024
Alternative Virtual Machines in Decentralized Networks: A Benchmark of On-chain Performance
Up until recently, the Ethereum Virtual Machine (EVM) was the de facto standard in blockchain development, establishing the foundational paradigm for deterministic computation in decentralized networks. However, the needs and expectations of the communities that build and use these networks have been evolving and this has led to the creation of new wave of alternative virtual machines, both within the Ethereum ecosystem and beyond.