Computer-implemented methods, non-transitory, computer-readable media, and computer-implemented systems are provided for executing a smart contract in a blockchain network. A computer-implemented method includes: in response to determining that bytecodes of a smart contract are deployed on a first blockchain node in a blockchain network, starting, by the first blockchain node, to compile the bytecodes of the smart contract into machine codes of the smart contract through a Just-In-Time (JIT) compiler; determining, by the first blockchain node, that the machine codes of the smart contract are not locally stored and that execution results of the machine codes of the smart contract and the bytecodes of the smart contract are consistent; and in response to the determining, performing, by the first blockchain node, interpretation execution on the bytecodes of the smart contract.