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Cardano Ecosystem

Cexplorer

09/11/2023

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Development of blockchain programmability

The first generation of blockchain is basically just a transactional network, similar to PayPal. Value can only be unconditionally transferred from Alice to Bob.

Development of blockchain programmability

The first generation of blockchain is basically just a transactional network, similar to PayPal. Value can only be unconditionally transferred from Alice to Bob. 

Bitcoin is most commonly used for the simple transfer of value. However, there is a possibility to write a script. Cardano and Ethereum are smart contract platforms, so alternative banking services can be created on them. 

Platforms allow developers to implement more complex programs and work with the states of applications. In the article, we will describe the programmability possibilities of Bitcoin, Ethereum, and Cardano. We will also shortly look at some differences between Ethereum smart contracts and Plutus scripts. 

Capabilities of the first generation of blockchain We can include Bitcoin in the first generation of blo Read article: Development of blockchain programmability

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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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