SatoshiChain
  • What is SatoshiChain?
    • 1.1 Phases
    • 1.2 Connect To SatoshiChain
    • 1.3 Solutions
    • 1.4 Characteristics
  • Main Features
    • 2.1 'Clique' Proof-of-Authority (PoA) Consensus
    • 2.2 EVM-compatible
    • 2.3 Decentralized Governance
    • 2.4 Cross-chain Compatibility
  • Background
    • 3.1 Cryptographic Hash Functions
    • 3.2 Digital Signatures
      • 3.2.1 Secp256k1 Curve
      • 3.2.2 ECDSA Signature Algorithm
    • 3.3 Ethereum Virtual Machine (EVM)
    • 3.4 Consensus Protocols
      • 3.4.1 Proof-of-Work (PoW) - Nakamoto Consensus
      • 3.4.2 Istanbul Byzantine Fault Tolerant (IBFT)
      • 3.4.3 IBFT Proof of Authority (PoA)
      • 3.4.4 IBFT Proof-of-Stake (PoS)
      • 3.4.5 RAFT
      • 3.4.6 'Clique' Proof-of-Authority (PoA)
      • 3.4.7 Comparison and Selection
  • Developers
    • 4.1 SatoshiChain Layering Architecture
    • 4.2 SatoshiChain Cross-Chain Protocol
    • 4.3 SatoshiChain Design
    • 4.4 Native Currency of SatoshiChain: The $SC Token
    • 4.5 SatoshiChain Configurations
  • VE Model for SatoshiChain
    • 5.1 Voting Power
    • 5.2 How to Use $veSC
  • Smart Contracts of SatoshiChain
    • 6.1 Validator Set Contract
    • 6.2 Slashing Contract
    • 6.3 Staking Contract
    • 6.4 Governance Contract
    • 6.5 Vault Contract
    • 6.6 Bridge Contract
  • SatoshiChain Staking
  • SatoshiX Decentralized Exchange (DEX)
  • Potential Applications
    • 9.1 NFT
    • 9.2 DeFi
    • 9.3 GameFi
  • Become a Validator Node Operator
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  1. Background

3.3 Ethereum Virtual Machine (EVM)

Ethereum Virtual Machine (EVM) is a decentralized platform that executes smart contracts, allowing for the creation and deployment of decentralized applications (dApps).

A virtual machine is a layer of abstraction between the executable code and the executing machine. This layer is necessary to improve the portability of software and to ensure that applications are separated from each other and from their hosts. The Ethereum Virtual Machine (EVM) is a software platform that developers can use to build decentralized applications (dApps) on Ethereum. All Ethereum accounts and smart contracts live in this virtual machine. The Ethereum virtual machine and EVM codes are designed using memory, bytes, along with blockchain concepts such as Proof-of-Work (PoW) or Proof-of-Stake (PoS), Merkle tree, and hash functions. The purpose of the EVM is to determine what the total Ethereum state will be for each block in the blockchain.

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Last updated 2 years ago