Algorand Boosts Smart Contract Performance With ‘Virtual Machine’ Launch — CoinDesk

Algorand Boosts Smart Contract Performance With ‘Virtual Machine’ Launch — CoinDesk

Riegel said AVM simplifies smart contracts’ treatment of escrow payments, their ability to send transactions and their handling of slippage in slippage in trades. It also improves on the complex math underpinning “complex DeFi applications,” he said, like the authentication procedures protecting cross-chain mechanisms, or bridges.

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