# FVM

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FVM: The Next Wealth Code?
FVM is essentially a smart contract virtual machine that enables developers to write and deploy smart contracts on the Filecoin network.
In simple terms, it injects powerful smart contract capabilities into the Filecoin public chain in the storage track, like equipping a luxury sports car with a super engine, transforming Filecoin from a mere storage tool into a multifunctional platform capable of running various innovative applications.
In the past, Filecoin was quietly focused on storage, but things have changed since the introduction of FVM! Developers can create
FIL-1,7%
ETH0,53%
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The project and its highlights of building cross-chain interoperability on the Filecoin virtual machine.
1/ Connect Asset Bridge to Filecoin
3/ Cross-chain smart contract call
4/ Strong data capability between blockchains
#blockchain FIL #FVM crosschain #FVMeco_
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As the Filecoin network prospers, so does network throughput, and so does the amount of collateral required by storage providers. The FIL rental program (also known as staking) can help storage providers meet this collateral requirement. Learn more below. #FVM FIL #IPFS staking
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