In the end this will make it possible to do smartcontracts as complex as Ethereum, using a programming langage that is even more simple, but with infinite scalability and interoperability on BSV
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Right now a few parts are still missing to make this possible, hence the "interactive objects" wording instead of "smartcontracts"
Right now this applies well to tokens, especially if you want to build specific ways to interact with them.
Right now this applies well to tokens, especially if you want to build specific ways to interact with them.
For example you can allow others to mint tokens by paying bsv (think game items), make these game items automatically wear off or evolve as games are played, you can build ways to swap these game items on a decentralised exchange, make them combinable ...
...or other cool stuff, or code ways to import game items from other games into your game.
You can also do things like have a contract that freezes all of your tokens when you want, or freezes some specific tokens that have been blacklisted.
You can also do things like have a contract that freezes all of your tokens when you want, or freezes some specific tokens that have been blacklisted.
It also allows you to let your users truly own some content they created by tokenizing it, and defining rules on how they can keep interacting with it, for example you can have a twetch post as a Run Object that allows the owner to edit content, and allows him to sell his post...
...to someone else that will collect the future revenue, on a decentralized market.
Not sure if I should share this but Oracles are coming to Run too, which means you will be able to code objects that change their behavior based on the current date, the BTC price next week...
Not sure if I should share this but Oracles are coming to Run too, which means you will be able to code objects that change their behavior based on the current date, the BTC price next week...
... the weather, or anything you want that will happen in the future or in the real world, basically allowing new markets and lots of other things to be incredibly easy to code & deploy onchain