SolitudeSeeker
Sun Jul 07 2024
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7 answers
1298
Is bitcoin a Dapp?
Could you elaborate on whether <a href="https://www.btcc.com/en-US/academy/research-analysis/bitcoin-btc-price-prediction-2023-2025-2030-is-btc-a-good-investment" title="Bitcoin">Bitcoin</a> can be considered a decentralized application, or Dapp, for short? From my understanding, Dapps are typically built on blockchain platforms that offer smart contract functionality, allowing for decentralized governance and autonomous execution of code. Bitcoin, while it utilizes blockchain technology, is primarily focused on serving as a digital currency, with its primary function being the transfer of value. Does this mean that Bitcoin falls outside the definition of a Dapp, or are there aspects of its operation that could be considered decentralized and autonomous? I'm curious to hear your thoughts on this matter.
CherryBlossomGrace
Sat May 25 2024
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5 answers
1436
Is Jupiter a dApp?
Could you clarify for me if Jupiter qualifies as a decentralized application, or dApp? I'm trying to understand the distinction between traditional applications and those that operate on blockchain platforms. Is Jupiter built on a blockchain? Does it offer the features and functionalities typically associated with dApps, like decentralization, transparency, and security? Your insight would be greatly appreciated as I'm exploring the realm of cryptocurrency and finance.
CryptoQueen
Tue May 14 2024
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6 answers
1270
Is lido a Dapp?
Could you clarify for me if Lido is indeed a Decentralized Application, or Dapp, as some suggest? I've been hearing a lot about it recently in the crypto circles, and I'm trying to wrap my head around its functionality and classification. Is it built on a blockchain, allowing users to interact directly with the smart contracts without any centralized intermediary? And does it offer some sort of service or utility that's decentralized in nature? Your expert insight would be greatly appreciated in helping me understand this emerging trend better.
