Filecoin Virtual Machine (FVM): Smart contracts come to storage! 🤖⛓️
The implementation of the Filecoin Virtual Machine (FVM) has become one of the most important steps in the development of Filecoin, bringing smart contract capabilities and programmability directly to the storage network.
What is FVM? FVM is an execution environment (virtual machine) that allows developers to deploy smart contracts directly on the Filecoin blockchain.
New opportunities: FVM paves the way for creating complex logic on top of decentralized storage. For example, automated payments for storage, decentralized applications that interact with data, or even decentralized DAOs managing storage can be created.
"Storage as a service": Developers can create "storage as a service" with customizable conditions using FVM.
Interoperability: FVM is designed to be compatible with the Ethereum Virtual Machine (EVM), making it easier for developers from the Ethereum ecosystem to port their applications or create new ones on Filecoin.
FVM transforms Filecoin from a simple storage solution into a full-fledged Web3 platform capable of supporting complex decentralized applications.
