Network-Enhanced Virtual Machine (NEVM)

The Network-Enhanced Virtual Machine (NEVM) is the smart contract layer of Syscoin, a blockchain project that runs two linked chains side by side: a Bitcoin-style chain for its native coin and asset tokens, and the NEVM, which executes contracts written for the Ethereum Virtual Machine. Because it is EVM-compatible, developers can deploy Solidity contracts and use familiar wallets and tools without rewriting code. Syscoin's distinguishing feature is that its blocks are merge-mined with Bitcoin, so miners securing Bitcoin can also secure Syscoin, and the project presents the NEVM as a settlement base for optimistic and zero-knowledge rollups. The name is specific to Syscoin and is not a general industry term. Also see EVM vs non-EVM blockchain layer models.