Code Execution

Definition ∞ Code execution is the process by which a computer follows instructions written in a programming language. In the context of digital assets and blockchain, this refers to the running of smart contracts or other executable scripts on a distributed ledger. Successful code execution ensures that transactions and protocol rules are processed as intended by the underlying programming.
Context ∞ News regarding code execution often pertains to the discovery of bugs or vulnerabilities within smart contracts, which can lead to significant financial losses or network disruptions. Developers are continuously working to optimize execution efficiency and security to prevent unintended consequences. The debate frequently involves the trade-offs between execution speed, gas costs, and the complexity of verifiable code.