Virtual machines are a type of software used in smart contracts—sets of code that execute terms of an agreement when predetermined conditions are met—making it easier to use crypto technology for things like property ownership or NFT trading
Quote
Sources
Exclusive: Bitcoin infrastructure company Arch Labs raises $13 million from Pantera Capital to launch Arch Virtual Machine
Referenced by
Arch Virtual Machine (ArchVM) is designed to enable Turing-complete smart contracts on Bitcoin, according to Arch Labs, by offloading computations off-chain and offering transaction speeds comparable to Solana
Crypto news
Claim
