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EVM( Ethereum Virtual Machine ) and BVM( Bitcoin Virtual Machine ) are both virtual machines designed to execute smart contracts on blockchain networks, but their structures and design goals differ.
EVM: The EVM of Ethereum is designed to simplify the development of smart contracts and support the creation of various decentralized applications. It is a generic virtual machine capable of handling complex computations and conditional logic.
BVM: BVM is a Virtual Machine developed specifically for running TBC smart contracts. It extends the Bitcoin UTXO model, and unlike Ethereum, it is not designed to support highly complex smart contracts. Instead, BVM focuses on improving the efficiency and security of contract execution.