BitReXe: Enabling Parallel VMs on Bitcoin Network

Ethereum is still working on a complementary plan for parallel EVM, but Bitcoin can be soon expecting its own parallel VM layer 2.

Let’s firstly understand why Ethereum cannot achieve parallel EVM.

To maintain network consistency and security, EVM has a crucial feature in its design: transactions are executed sequentially. Sequential execution ensures that transactions and smart contracts can be executed in a deterministic order, making it easier to manage and predict the blockchain’s state. This design choice prioritizes security, reducing potential complexities and vulnerabilities associated with parallel execution. However, under high loads of transaction requests, this sequential…

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