EVM stands for Ethereum Virtual Machine. It's like a global computer that executes the code of smart contracts on the Ethereum #blockchain. Think of it as the engine that powers decentralized applications ([[dApp]]s). The EVM ensures that the same code runs in the same way across all nodes on the network, guaranteeing consistency and security. It's a key component of [[Ethereum]]'s infrastructure, enabling the creation of trustless and transparent applications.