ChainPrison Dapps
The first implementation of the so-called "Prisoner's dilemma". In a few words - you and your accomplice have been arrested and now you're interrogated at the police station. Both of you have 2 choices - betray the accomplice of remain silent. As you see, there are 4 different scenarios: - You betray him, but he remains silent This is the best scenario for you. In this case, your accomplice is losing everything and you're taking all the bets. - You remain silent, but he betrays you Easy to guess, that it's the worst case for you. Of course, you'll lose everything. - Both of you betray the other In this case, you both are losing 10% from your bets. - Both of you remain silent In this case, you both are losing 5% from your bets. You can choose the size of the bet - from the 0.01 ETH to the 10 ETH. Check it out!
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Decentralized applications (dApps) are digital applications or programs that reside and execute on a blockchain or peer-to-peer network of computers rather than a single computer and are independent of any single authority's control. At Cryptoknowmics, you will get all the information you need to know about Dapps and their use cases.
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