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Topic: Blockchain vs Platform vs Chain - page 2. (Read 171 times)

jr. member
Activity: 35
Merit: 13
January 07, 2024, 05:42:47 PM
#7
a platform is the parent blockchain of tokens.

Does that mean the Platform IS the Blockchain the token is on?

Can it also mean something else?

JH
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS
January 07, 2024, 05:27:36 PM
#6
Thank you,

So what do you mean by Platform (if its not referring to the underlying blockchain?

JH

By searching the internet you can technically find the definition of platform.

Are there multiple Blockchains?
If so, can you name a few of the famous ones, and where I'd find a list of all of them?
Yes, there are different blockchains, and each of them has its own smart contracts, like:
Bitcoin blockchain, Ethereum, Stellar, NEO, Tron, Corda, MultiChain, EOS, Hyperledger Fabric, OpenChain, Quorum, and many others

Not all blockchains run smart contracts. For instance, Bitcoin does not have a smart contract.

I read Bitcoin supports smart contracts.  Though it is limited, a smart contract can run into the Bitcoin blockchain.

KEY TAKEAWAYS:
— Bitcoin supports smart contracts through its native language ‘Script’, enabling multiple transaction types to take place.

— Script is a purposefully non-Turing complete language and this makes smart contracts on Bitcoin limited in their functionality.

— Layer-2 blockchains and solutions are present for Bitcoin to improve its smart contract offerings while keeping its security intact.
hero member
Activity: 700
Merit: 673
January 07, 2024, 05:24:48 PM
#5
Not all blockchains run smart contracts. For instance, Bitcoin does not have a smart contract.
Yeh i know that, edited and corrected thanks 😊
sr. member
Activity: 658
Merit: 441
January 07, 2024, 05:06:26 PM
#4
Are there multiple Blockchains?
If so, can you name a few of the famous ones, and where I'd find a list of all of them?
Yes, there are different blockchains, and each of them has its own smart contracts, like:
Bitcoin blockchain, Ethereum, Stellar, NEO, Tron, Corda, MultiChain, EOS, Hyperledger Fabric, OpenChain, Quorum, and many others

Not all blockchains run smart contracts. For instance, Bitcoin does not have a smart contract.
jr. member
Activity: 35
Merit: 13
January 07, 2024, 04:50:09 PM
#3
Thank you,

So what do you mean by Platform (if its not referring to the underlying blockchain?

JH
hero member
Activity: 700
Merit: 673
January 07, 2024, 04:40:44 PM
#2
Are there multiple Blockchains?
If so, can you name a few of the famous ones, and where I'd find a list of all of them?
Yes, there are different blockchains, and each of them has its own smart contracts, like:
Unless for Bitcoin blockchain, Ethereum, Stellar, NEO, Tron, Corda, MultiChain, EOS, Hyperledger Fabric, OpenChain, Quorum, and many others

Quote
When people refer to a platform behind a token, are they referring to the Blockchain, or is a Platform a different thing to a platform?
How are they related?
Can you name a few?
A platform can have its own token, either launched under its own personal blockchain or under any of the famous ones that are widely used.

Quote
Is Smart Chain the same thing as a Platform?
If not, how are they related?
in my own understanding NO

Quote
Can you name a few?
Binance Smart chain (BSC)
Ethereum Smart chain (ERC-20)
jr. member
Activity: 35
Merit: 13
January 07, 2024, 04:33:25 PM
#1
I'm getting confused with some of the terminology and I'd like to find out the relationship of one to another if they are indeed different.

Can someone help with these confusions...?

Are there multiple Blockchains?
If so, can you name a few of the famous ones, and where I'd find a list of all of them?

When people refer to a platform behind a token, are they referring to the Blockchain, or is a Platform a different thing to a platform?
How are they related?
Can you name a few?

Is Smart Chain the same thing as a Platform?
If not, how are they related?
Can you name a few?

When people refer to a protocol, what are they referring to and how is it related?
Can you name a few?

I know these terms may be fairly basic to most people, but I'd like some help getting started in understanding what people are referring to.

It may be that some people use terms interchangeably as well.

Appreciate the help.

JH

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