Some basic questions Cardano-Daaps


#1

Hi all!

I would like to ask those with better understanding than me some basic question.

I think I understand how cryptocurrencies , at least the basics, but can’t really see the relationship between a cryptocurrency and a Dapp. For example, we have Cardano ADA, but how is it linked with Dapps? I understand the potential of blockchain technology in an app but can´t really see the connection with a coin…

May the use/popularisation of a certain Dapp increase the value of the coin? or is it something running behind the app? is it just for making in app payments?

I think the same questions may be related to a smart contract. How do smart contracts relate to a currency?

I think i am missing the links, it the even exist, between Cryptocurrencie - Smart Contracts - Dapps.

I’m posting on this category as it is mostly related to Dapps, although it’s quite basic.

Thanks!


#2

This is all new to me too, but while we’re waiting for somebody more knowledgeable to come along, I believe the link between currencies, distributed apps and smart contracts is that they’re all based on blockchain technology. Well maybe not all, but where there is a link, that’s it, I think.


#3

I am also a technical layman. I heard others explained: ADA is like Cardano’s fuel.
The development of DApps should be the area that Emurgo Corporation is responsible for. You can learn more by visiting emurgo.io, their official website. :wink: