Not exact matches
It should be no surprise by now to hear that
Ethereum is offering much more than just a decentralized, P2P, payment system, but an application of the blockchain for
smart contracts and decentralized applications — or put more simply, the automatic
execution of tasks.
The investment case also relies on
Ethereum Classic being useful as a decentralized platform for the
execution of
smart contracts.
In short, through the ACES Project (Ark
Contract Execution Services) the ARK network can interact freely with Bitcoin,
Ethereum and Litecoin blockchains via its genius SmartBridge technology, giving ARK the immense power to utilise their features, such as
Smart Contracts which are the bread and butter of the
Ethereum Network.
A public cryptocurrency Build decentralized applications and rock solid
smart contracts Fully compatible with existing
Ethereum wallets,
smart contracts and other tools Fast transactions and
contract execution Next generation decentralized app platform goes beyond
Ethereum smart contracts — coming Q4 2018
This means that they would be able to either offer
smart contract execution as a service, or execute
smart contracts locally inside their sidechain, and at that point developers won't need to plug into the
Ethereum network anymore.
One critical example of this privacy trend is the just - announced partnership between JPMorgan and the company behind Zcash to build zk - SNARKS into Quorum - JPMorgan's private blockchain contribution to the Enterprise
Ethereum Alliance - to make
smart contract execution more private.
The research project was awarded first place at the blockchain development event «IC3 -
Ethereum Boot Camp» for KEVM, an innovative framework, for formal
execution, analysis, and verification of EVM
smart contracts.
Bitcoin is created as an alternative currency or a cryptocurrency while
ethereum is public blockchain platform for the
execution of decentralized
smart contracts.
In its essence,
Ethereum extended over the Bitcoin payment mean, by adding a rich programming language enabling the
execution of
smart contracts.
The Papyrus blockchain network will be an
Ethereum fork, which will reduce the cost of
smart contracts execution and ensure transaction privacy using dPoS consensus and zero - knowledge proofs.
Through the strategic
execution of its ambitious roadmap, Zen aims to usher in a new era for
smart contracts using the Bitcoin blockchain — a space where
Ethereum has, to date, shown a dominant presence.