Blockchain QNA Part 2

1. What is a smart contract?

 Answer: A smart contract is an alternative term used for coin development.

2. What is a token? 

  Answer: A token refers to a newly developed project within the blockchain ecosystem.

3. What is a coin?

  Answer :  A coin is the term used for an established cryptocurrency project.

4. What are the requirements for developing dApps?  

 Answer: To develop decentralized applications (DApps), you need a solid understanding of both Layer 1 and Layer 2 technologies, as well as proficiency in Python.

5. What is a chain exchanger?

  Answer: A chain exchanger is a peer-to-peer (P2P) transfer system.