Sentences with phrase «platform running smart contracts»

This decentralized platform running smart contracts completely diminish chances of censorship, downtime, third party interference and fraud.

Not exact matches

In Ethereum's most ambitious form, companies could be run completely autonomously on its platform, governed not by executives and legal minders but by a smart contract that enshrines its rules in code.
Commonly referred to as DApps, decentralized applications are based on the Ethereum platform and its smart contracts, running on a peer - to - peer network and boasting four key characteristics:
Ethereum secures the transaction through using smart contracts running on a decentralised blockchain platform.
The purpose of Ethereum is to become a platform upon which smart contracts and decentralised apps can run.
Gas is actually very important for Neo platform as this token serves the purpose of paying for running smart contract operations, which means that Gas is actually powering up smart contracts, which is one of the most important features that Neo has as a platform.
The prime objective of the platform is to run applications along with smart contracts.
The ICO will issue utility tokens, which can be used for platform services, such as purchasing subscriptions or running a smart contract.
Dopameme is an innovative decentralized platform project that uses smart contracts running on the Ethereum Network aiming to monetize memes, by unifying a community of creators, curators, and viewers.
The platform, among other things, similarly runs smart contracts and decentralized applications.
«Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.»
As a decentralized platform that runs Smart Contracts, Ethereum has become a significantly powerful shared global infrastructure that can freely transfer value and represent the ownership of property.
Ethereum is a decentralized, open software, blockchain platform which runs on smart contracts that allow decentralized appplications (dapps) to run on it.
Ethereum is a decentralised platform that runs smart contracts — applications that run exactly as programmed, without any possibility of downtime, censorship, fraud or third - party interference.
Envisioned by Vitalik Buterin, a young Russo - Canadian and former bitcoin software contributor, ethereum is a decentralized global computing platform or «virtual machine» that enables anyone to create, store and run «smart contract» - based decentralized applications or dapps.
Expanse, the first stable alternative public Ethereum chain where smart contracts cost 1 / 50th as much to run, making practical to use as a dApp platform has announced that Expanse (EXP) is now available on Chinese exchange CoinVC.
It is a decentralized platform, which is capable of running smart contracts and applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third - party interference.
- Leveraged AlphaPoint Distributed Ledger Platform (ADLP) across a range of use cases - Blockchain network converted FIXML messages to smart contracts - Ran simultaneously on Microsoft's Azure cloud and self - hosted hardware - Read the full article at NASDAQ
While bitcoin is content with remaining a standard cryptocurrency, giving users very little functionality beyond sending cryptocoins securely to each other, Qtum is building a platform capable of running decentralized applications and smart contracts.
Ether tokens are the native coin and payment fuel of Ethereum, the decentralized blockchain platform to run smart contracts not operated by any institutionalized bank or government.
Yanislav Malahov (YM): We are building æternity blockchain — a decentralised, open - source æpps platform that scales through state channels running smart contracts off - chain.
Smart contracts: A piece of software that runs on a blockchain platform and is programmed to automatically complete transactions based on specific circumstances.
A decentralized platform that runs smart contracts, Ethereum enables you to build the following:
A year later, Buterin released a whitepaper that described smart contracts running on a decentralized application platform, a concept that would transform blockchain technology into a tool of distributed consensus.
Other companies have pounced on the lucrative potential of smart contracts by offering similar platforms that make up for the inherent shortcomings of the technology that Ethereum runs on.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third - party interference.
«Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.»
Launched in 2015, Ethereum has some cutting - edge features like smart contracts and distributed an application that runs without any downtime, reduce the risk of fraud or interference from third party and secure platform for trading.
Described by the company as the first Turing - complete platform to run smart contracts secured by the bitcoin network, RSK uses a «hybrid» security model that combines elements of both proof - of - work (popular among fans of bitcoin's public blockchain) and a private network.
In its simplest definition, Ethereum is a decentralized platform that runs smart contracts using the blockchain technology.
Using Cryptokitties as an example, Ælf says this could run on one side chain of its platform while other Smart Contracts would be running smoothly on other chains.
Just like Ethereum, ETC is a secure, censor - proof, reliable, public, trustless, and decentralized platform for running applications and smart contracts.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property.
Bitcoin is a store of value and payment system and the most valuable cryptocurrency Ethereum is a programming language and decentralized platform that runs smart contracts — A World Super Computer that would decentralize and democratize the existing client - server model What...
Ethereum: «Ethereum is a decentralized platform that runs smart contracts:...»
That's because, while Litecoin is an altcoin, Ethereum is a blockchain platform to run smart contracts as they are coded, and not a coin, per se.
Ethereum is a decentralized platform for applications that are guaranteed to run exactly as expected via smart contracts.
Ethereum is a decentralized platform that is used to run smart contracts.
Run by a Swiss non-profit organisation, this developer - friendly platform employs special computer language that can be used to write smart contracts into the Ethereum blockchain.
Ethereum wants to become the platform on which decentralized apps and smart contracts run.
Developers must pay in ether to build applications and smart contracts on the Ethereum platform (blockchain), and users have to pay in ether to run them...
Keeping their pace on innovations, they have already launched a new platform that makes it possible through the RSK open source platform to run smart contracts that are derivatives of Ethereum on the Bitcoin network.
To crypto - connoisseurs, the term Cardano refers to a smart contract platform, quite similar to Ethereum, which runs the ADA cryptocurrency while focussing on general security through its innovative layered architecture.
The official Ethereum website defines Ethereum as «a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.»
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