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I would love to explore a very important blockchain technology backing smart contract application development across the globe, Internet connections today has revolutionized how fast we get access to special information making transactions, and connecting with millions of people worldwide, with #dfinity blockchain the world of smart contract development have been more scalable with incredible features like easy internet computers fast web processing speed capacity without bound.
Smart contract a look at what it is
An interesting unique feature of the ethereum blockchain is its compatibility and interoperability with smart contract dapps which are its driving factors boosting the ethereum blockchain.
Smart contracts are a self-executing agreement between two parties either a buy and a seller which are written directly inline codes these codes are distributed and exist across decentralized blockchain networks.
The codes control processing execution making transactions traceable and irreversible.
Smart contact is the real definition of decentralization it permits trusted transactions among anonymous parties without the need or interference of a third-party user.
Nick Szabo, an American computer scientist who invented a virtual currency called "Bit Gold" in 1998, defined smart contracts as computerized transaction protocols that execute the terms of a contract.
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Dfinity specialized in blockchain-based cloud computing and support the development of internet computers.
The web-based development program's main aim is to build, promote and maintain internet computers.
Dfinity blockchain represents the third major blockchain alongside bitcoin and ethereum with many flexible features Dfinity protocol aims to provide users, the world will be witnessing another amazing growth and adoption in the crypto space.
It's quite obvious for any blockchain-based project to grow exponentially it needs to provide users with a special-based feature with Dfinity blockchain a new advanced space where developers can explore the world of smart contract technology base on blockchain which will make the crypto world more transparent and open source for everyone to access, the world technology-wise is moving at a very fast phase with computing base technologies adopting blockchain use case.
Dfinity will be a major game-changer in the crypto space it's already found its way to #19 on coinmarketcap it has a special use case to offer to the world being a smart contract-based blockchain there is more room for Dfinity technology to offer to users.
Information source and further reading
https://coinmarketcap.com/currencies/internet-computer/
https://www.investopedia.com/terms/s/smart-contracts.asp#:~:text=A%20smart%20contract%20is%20a, a%20distributed%2C%20decentralized%20blockchain%20network.
