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.
This article was prepared by Cardanians with support from Cexplorer.
Read the article: https://cexplorer.io/article/development-of-blockchain-programmability