Glossary March 5, 2026 Ethereum Virtual Machine (EVM) Ethereum Virtual Machine (EVM) A computation engine that acts as a decentralized computer, executing smart contract code on the Ethereum blockchain.
Glossary March 5, 2026 Censorship Resistance The property of a blockchain network that makes it extremely difficult for any individual or government to block or reverse transactions.
Glossary March 5, 2026 Settlement Layer The blockchain layer that provides finality and dispute resolution for transactions processed on higher layers.
Glossary March 5, 2026 Gas The unit measuring the computational effort required to execute transactions and smart contracts on the Ethereum network.