Technical

What is dApp?

What is dApp?

One of the most exciting applications of blockchain technology is the ability to use a decentralized application (dApp). They are similar to ordinary apps but use a smart contract as a back-end. Front-end code and user interfaces can be written in any language that can make calls to the smart contract. The code runs on …

What is dApp? Read More »

Bitcoin Script 101

Bitcoin Script 101

The term “smart contract” was coined by Nick Szabo in 1994, and they were made popular with the introduction of Ethereum in 2015, but many people don’t realize that Bitcoin also has them – in fact, the only type of transaction that Bitcoin supports is a scripted transaction! Multi-signature wallets, Lightning Network, escrow, all rely …

Bitcoin Script 101 Read More »

What makes cryptocurrencies different from fiat currencies?

fiat_crypto

You may have heard about cryptocurrencies before but still don’t understand how they compare to the fiat currencies that you hold in your wallet or bank account. Someone may have bored you to tears about the technical details behind cryptocurrencies when you were actually more interested in what makes it so different from regular money, or as I’ll refer to in this article, fiat currencies.