What is Parallel EVM and How Can We Make Money From it?

Know the truth and turn your knowledge into money. First, let me break down what VM (Virtual Machine) is. VM = Virtual Machine, meaning Virtual Machine. Virtual and Machine; Washing Machine washes clothes, Dishwasher washes dishes. A machine is a tool that produces work according to specific functions. The machine here follows the same logic.

In a Virtual Machine, there is a machine with code integrity that processes specific commands. EVM is Ethereum Virtual Machine, meaning the virtual machine of Ethereum. This machine, like other machines, enables transactions in Ethereum. Every transaction in Ethereum triggers this machine called EVM. When you make a transfer, EVM works, produces a job, and this job is recorded in the blockchain. For example, sending ETH or swapping on Uniswap are tasks that run the EVM, and the more the EVM works, the more you pay.

Therefore, there is a significant fee difference between sending ETH directly and, for example, adding liquidity to Curve because adding liquidity makes the EVM work more. Now, this friend called EVM processes all transactions one by one. Someone sends ETH, it processes it, and moves on to the next. Think of the transactions like people in line trying to withdraw money; you can think of EVM as an ATM.

There is also the capability of parallel processing. Think of it like this: while the ATM is processing the next person's deposit, it can also pay the retirement pension to the auntie standing next to it. Parallelism thus increases TPS (Transactions Per Second), meaning you can perform more transactions in a certain time.

In Solana, Aptos, etc., platforms, VMs have the ability to process parallel transactions, even though their architectures may be completely different. In Ethereum, these transactions occur one by one, and it is said that if EVM gains parallelism, it will speed up. Indeed, it's correct. This thing generates hype.

@monad_xyz shared a Layer 1 that runs a parallel EVM, and soon, platforms like Arbitrum and Scroll will probably work on a parallel EVM. But let's open an anti-parenthesis. VM doesn't scale, and Ethereum's problem isn't the linearity of EVM but the storage (State) issue. The problem is not how fast you can process transactions but how much information you can store in memory.

I can explain this later. However, approach the parallel EVM concept friendly, check out projects, participate in testnets, and pay attention to airdrops. Regards.
This text is taken from Tobbykitty.