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Showing posts from July, 2022

What is a DApp?

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  We all know that App is a client application, which is the abbreviation of application. DApp is D+App, D is the first letter of the English word decentralization, the translation of the word in Chinese means decentralization, that is, DApp is a decentralized application. This is to understand this concept literally. In order to form a clear, accurate and necessary concept in the mind, it is necessary to deeply understand DApp. With an App, why should there be a DApp? First of all, the first reaction in our thinking is this question, why should there be a DApp? Isn’t the current App very good? In the face of new things, most people subconsciously reject and resist most of the time. In fact, the relationship between the two is not a substitution relationship, who replaces who, who eliminates who, but a coexisting relationship, or  Dapps developer  is the enrichment and improvement of App. Because DApp is directly linked to blockchain technology, related to transaction dat...

Study of Smart Contracts: Concept and Evolution

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  What is a smart contract In 1996, Nick Szabo proposed the concept of smart contracts in the article “Smart Contracts: Building Blocks For Digital Markets”. The so-called “contract” is something like a clause or a contract, which records the conditions of occurrence and the corresponding executed clauses to support operations such as confirmation of rights; the so-called “intelligence” means automation and programmability. Therefore,  Bridge Smart Contract Development Services  is a programmable contract, and it can also be understood as a self-executing clause contract. In a computer, it is a self-executing program fragment. It is easier to save the contract, and it is run by a certain algorithm. Given the input, the corresponding output is obtained, which greatly guarantees the execution of the contract. Using the vending machine analogy can help us better understand the core features of smart contracts. When the user selects the goods to be purchased and completes the...