Definition ∞ Wasm execution refers to the process of running WebAssembly (Wasm) bytecode, a low-level instruction format designed for high-performance applications. Wasm provides a portable compilation target for various programming languages, enabling efficient execution across different computing environments. In blockchain technology, Wasm is increasingly used as a virtual machine for smart contracts, offering improved performance, broader language support, and enhanced security compared to traditional blockchain virtual machines. It allows developers to write smart contracts in familiar languages like Rust or C++.
Context ∞ Wasm execution is a significant technological advancement for blockchain platforms, addressing limitations in performance and developer experience. Discussions often center on its potential to unlock new capabilities for decentralized applications, including complex computations and faster transaction processing. Future developments will likely involve its wider adoption across various blockchain ecosystems and the continuous optimization of Wasm runtime environments. This technology is crucial for advancing the scalability and utility of smart contract platforms.