Bitcoin and Cryptocurrencies Without Prior Knowledge: Understand the Blockchain Within 7 Days by Benjamin Spahic

Author:Benjamin Spahic [Spahic, Benjamin]
Language: eng
Format: epub
ISBN: 9798457984691
Google: Zx-xzgEACAAJ
Publisher: Independently Published
Published: 2021-08-17T23:14:05.654953+00:00

Figure 52 Multiple smart contracts interlock

All this takes place on the decentralised computer and is stored on the blockchain.

Since the application consisting of the individual smart contracts is executed de-centrally on the blockchain, we speak of decentralised applications, or Dapps for short. A Dapp can be anything, for example an online game, a social media website or a huge database.

Everything we can bring to the digital world can be realised through smart contracts and Dapps.

An example of a decentralised game that runs completely autonomously on the Ethereum Virtual Machine are the crypto kitties .

On the website https://www.cryptokitties.co/ we can collect virtual cats, exchange them and breed them. It is a classic collecting game, comparable to digital Pokémon cards.

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