The Solana Virtual Machine (SVM) serves as the execution environment for smart contracts and decentralized applications (dApps) within the Solana blockchain ecosystem. It is engineered to deliver high performance, scalability, and cost efficiency, distinguishing itself from other blockchain virtual machines like Ethereum's EVM.
Key Features of the Solana Virtual Machine:
Parallel Transaction Processing: The SVM's architecture allows for simultaneous execution of multiple smart contracts, significantly enhancing transaction throughput and reducing latency.
Low Transaction Fees: By optimizing