Newbie question about contracts | Bitcointalksearch.org

Hello folks!
When I look up a project on Coinmarketcap or other crypto lists something confuses me. For instance, It says that Elrond has a contract on the Binance Smart Chain, Cosmos has one on Ethereum, Cardano has one on the Binance Smart Chain. All of these I understand to be their own blockchains, so what does it mean that they have contracts on other chains?

It seems to be this way with a lot of other blockchains and some of the apps developed for a certain chain, e.g. Raydium on Solana. Some apps have contracts on a lot of chains, other apps or chains have no contracts listed.

I assume some of this is just Coinmarket not updating regularly. But what is up with the multiple contract thing? Why do chains and apps developed for/on certain chains have contracts on other chains?

Hope someone can enlighten me on this.

Have a nice day!

J

Topic: Newbie question about contracts (Read 40 times)