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RE: The Truth Is The Hardest Pill To Swallow. The Best Way To Kill Bitcoin Was With A 1MB Blocksize Limit. Long Live Altcoins!

in #bitcoin7 years ago

Application protocol interface (API) means that you can build apps on top of the blockchain foundation. EOS, Ethereum, Neo, cardano, steem, etc.

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Oh OK, I get it. That's the first time I heard them called that. Smart contracts platforms - Yes I totally agree with you 100% these will be huge b/c of the use cases and they also make a better store of value. Currency is just the first app of these newer protocols. I also believe governance will be a big deal in the future. Many of the APIs have built in governance and funding layers built natively within the protocol.