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Decentralized Applications (dApps)
Decentralized Applications (dApps) on Cardano are blockchain-based applications that operate in a decentralized manner, without the need for intermediaries or centralized control. These applications are powered by smart contracts written in Cardano’s Plutus programming language, which enables them to execute pre-defined rules autonomously on the blockchain. Cardano dApps cover a wide range of functionalities, including…
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Project Catalyst
Project Catalyst is an innovative initiative within the Cardano ecosystem designed to foster decentralized innovation and governance. It serves as a decentralized funding mechanism that allows the Cardano community to propose, vote on, and fund projects that aim to improve and expand the Cardano network and ecosystem. Hereβs a detailed overview of Project Catalyst: Key…
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Blockchain
A blockchain is a distributed and decentralized digital ledger that records transactions across a network of computers in a way that is secure, transparent, and tamper-resistant. It consists of a chain of blocks, where each block contains a list of transactions. These blocks are linked together using cryptography, ensuring that once data is recorded, it…
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What are the Generations of Blockchains?
Blockchain technology has evolved through several generations, each bringing new capabilities and expanding the potential use cases beyond the original concept introduced by Bitcoin. Here’s an overview of the main generations of blockchains: First Generation: Bitcoin and Cryptocurrencies The first generation of blockchain technology was introduced with Bitcoin in 2009, created by an anonymous person…