ActionScript is executed by the ActionScript Virtual Machine (AVM) built into the Flash Player. AVM1, the virtual machine used to execute legacy ActionScript code, powers Flash Player today and makes possible a wide range of interactive media and rich Internet applications.

However, developers have started to push AVM1 to its limits; their project requirements now demand a major breakthrough. ActionScript 3.0 introduces a new highly optimized ActionScript Virtual Machine, AVM2, which dramatically exceeds the performance possible with AVM1. As a result, ActionScript 3.0 code executes up to 10 times faster than legacy ActionScript code.

[ more here ] [ and here ]

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