What are smart contracts?
Smart contracts are like digital agreements that automatically execute and enforce themselves when certain conditions are met. They run on blockchain technology, which is a secure and decentralized digital ledger. Imagine you want to buy a house. Instead of relying on a bunch of paperwork and intermediaries, a smart contract can be created on the blockchain. This contract contains all the terms and conditions of the deal. Once you meet the agreed-upon conditions, like making a payment, the sFew readersWhat are decentralized apps (Dapps)?
To put it simply, imagine you have a regular app on your phone that you use to play games or chat with friends. Now, think of a Dapp (Decentralized App) as a special kind of app, but it works a bit differently. In a Dapp, the cool stuff happens on a decentralized network, like a group of friends playing a game together without needing a boss or organizer. This network is often based on blockchain technology, which is like a super secure and transparent digital system. So, a Dapp is an app thatFew readersWhat is an 'SDK'?
Alright, imagine you have this awesome box of building blocks, and you want to create a super cool playground. The Unreal Engine SDK is like a magical guidebook that helps you use those building blocks to make the most amazing playground ever! In simpler terms, the Unreal Engine SDK is a set of tools and instructions that game developers use to create really cool video games and virtual worlds. It's like having a special set of rules and tools that make it easier for them to build and designFew readersEli5: What are internal transactions?
Okay, imagine Ethereum is like a magical playground where you can make things happen with the help of computer programs called smart contracts. These smart contracts are like little wizards that do things automatically when someone triggers them. Now, when people play with these smart contracts on the Ethereum playground, it's like casting spells that create secret actions or moves within the playground itself. We call these secret actions "internal transactions." They're kind of like hidden moFew readersWhat's the difference between NFT's and SFT's?
Okay, imagine you have a special picture of a dragon. Now, if you make it into a regular print and give copies to your friends, everyone has the same dragon picture. That's like a regular picture you can buy and share. Now, let's talk about NFTs and SFTs. An NFT (Non-Fungible Token) is like having a magical dragon picture. It's unique, and only one person can own the special magical version. It's like saying, "I have the only dragon picture like this in the whole world!" On the other hand,Few readersExplained Simply: What is Sequence?
Sequence Wallet is like a super friendly piggy bank for your tokens and digital items, and it's super safe! Usually, wallets for tokens like Ethereum only have one key that controls everything. But with Sequence, it's like having a special vault that needs lots of keys to open. This makes it much harder for bad guys to steal your stuff because they'd need to get their hands on lots of keys, not just one! (https://storage.crisp.chat/users/helpdesk/website/f17b1842dfa7d800/capturepngdlvvdl.pFew readersExplained Simply: Introduction to Sequence Web3 Stack and Wallet
Sequence is like a magic wallet for the internet, letting you easily access special internet places called Ethereum networks. It's not just for regular internet stuff – it's also great for building cool games and apps on the internet! Sequence is made up of different parts that work together, kind of like building blocks. You can use just one part or all of them, and even mix them with other tools you like. That's one of the cool things about the internet – it's all about working together! IFew readers