These are decentralized applications that are powered and developed using the Macdium platform. Macdium dApps use smart contracts for their logic. They are deployed on the Macdium network and use the platform's blockchain for data storage. • Decentralized - dapps operate on Macdium, an open public decentralized platform where no one person or group has control • Deterministic - dapps perform the same function irrespective of the environment in which they get executed • Turing complete - dapps can perform any action given the required resources • Isolated - dapps are executed in a virtual environment known as MAcdium Virtual Machine, so that if the smart contract has a bug, it won’t hamper the normal functioning of the blockchain network On smart contracts A smart contract is code that lives on the Macdium blockchain and runs exactly as programmed. Once smart contracts are deployed on the network you can't change them. A decentralized exchange (or DEX) is a peer-to-peer marketplace where transactions occur directly between crypto traders. DEXs fulfill one of crypto’s core possibilities: fostering financial transactions that aren’t officiated by banks, brokers, or any other intermediary.
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