Bitcoin DApps | CoinMarketCap

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Bitcoin DApps | CoinMarketCap
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CMCGlossary: Bitcoin DApps ✨ Decentralized applications (DApps) running on Bitcoin-powered blockchains while benefiting from the core features of the Bitcoin network are known as Bitcoin DApps. 👉 Details:

On the other hand, Stacks’ layer-1 solution connects with Bitcoin's main chain through its Proof of Transfer consensus mechanism. As a result, it enables developers to deploy smart contracts and Dapps for the Bitcoin network and take advantage of Bitcoin’s stability, security and economy, while at the same time contributing to BTC miner earnings through transaction fees natively in the BTC network.

Decentralized applications deployed for the Bitcoin blockchain using any of these existing layer-1, layer-2 and sidechain solutions or separate programming layers are collectively known as Bitcoin Dapps.Muneeb Ali is the CEO of Trust Machines, a startup that recently raised $150M to build the largest ecosystem of Bitcoin applications. He is the co-founder of Stacks, a decentralized programming layer for Bitcoin. Muneeb received his Ph.D. in Computer Science from Princeton University. His Ph.D.

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