DApps compared to Smart Contracts

DApps, like Smart Contracts, are an interface that connects a user to the provider's service over a peer-to-peer network. Unlike smart contracts, DApps do not require a fixed number of parties to be involved in this relationship. DApps have no limits on simultaneous participants. They can have basically any purpose imaginable and are not purely

2022-08-08T08:17:45+00:00August 8th, 2022|Uncategorized|

What is the blockchain? 

The blockchain is a list of records that are linked together using cryptographic methods. In the case of Bitcoin, for example, it is a database of financial transactions that are not stored solely in one place, but on a large number of computers in several different locations. Whenever new transactions or blocks are added to

2022-08-05T09:00:44+00:00August 4th, 2022|Uncategorized|

How many Bitcoins are there?

The total number of all Bitcoins that can ever be mined is exactly 21 million BTC. Right from the start, the supply of Bitcoin was made scarce in order to prevent Bitcoin from being issued in an inflationary manner. Currently, however, more than 90 percent of all possible Bitcoins have already been mined, in figures

2022-08-05T09:01:05+00:00August 4th, 2022|Uncategorized|

What are smart contracts?

Smart contracts are contracts that fulfill themselves without human involvement. But what exactly do they mean? Smart contracts that are implemented correctly contain the same information as conventional contracts. However, they differ in that they are written directly into program code and stored on a blockchain. Smart contracts offer solutions in many cases, but so

2022-08-05T09:03:29+00:00August 2nd, 2022|Uncategorized|
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