The Ethereum Virtual Machine (EVM) serves as the beating heart of the Ethereum network, acting as the runtime environment for executing smart contracts and decentralized applications (dApps). The EVM’s importance goes beyond Ethereum, as many layer-2 (L2) solutions aim to be compatible with it. This is mainly because of Ethereum’s strong developer base and active community.
EVM and Ethereum can be seen as basic technologies that support many other web3 projects. The smart contract system was initially built as a transparent and trustworthy decentralized alternative to traditional web protocols. Since the launch of Ethereum, the ecosystem has faced new challenges. For example, it can’t hide sensitive data in the contracts. Transactions on public blockchains are visible to everyone, which could expose sensitive information about the people involved.
However, new EVM-based innovations are developing ways to improve privacy on the blockchain. These methods use complex cryptogr
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