What is Code?
Code is a set of instructions, written in a programming language, that tells a computer what it should do. It can be used to control the behavior of computers and electronic devices. In cryptocurrency, code is used for many things such as creating decentralized applications (dApps), verifying transactions on blockchains, or creating tokens and coins.
How Does Cryptocurrency Use Code?
Cryptocurrencies are created using code which defines their characteristics such as their supply and rate of issuance (if applicable). Additionally, the code provides guidelines for how the network will operate – including consensus rules that dictate when new blocks are added to the blockchain and how those blocks are linked together securely. Furthermore, smart contracts enable users to create automated contracts between two parties without requiring any third-party involvement – this technology also utilizes code in order for it to work effectively. Finally, dApps built on top of certain cryptocurrencies use code as well; developers must write specific lines of codes in order to interact with different parts of these networks.
