Sentences with phrase «provide smart contract functionality»

Not exact matches

As such, he framed Counterparty's decision to implement Ethereum's smart contract system as one that would provide the wider crypto - development community with more choices should they seek to utilize this functionality for new projects.

The Lightning Network expands on the Bitcoin Blockchain's basic transaction functionality by providing a means for users to execute smart contracts on the blockchain itself, providing for a mechanism for users to establish near - instant micropayments without the need to offload transactions to a custodian, which makes small payments impractical because the fees might be more expensive than the transaction itself.

For Particl, Bitcoin provides the ideal mix of smart contract functionality — enough to make smart contracts easy to implement but without the security and privacy risks of a more complicated platform like Ethereum.

In addition to the entrepreneurs building on the bitcoin blockchain, the quarter provided ample validation for alternative blockchain - based projects, ranging from the expansion of permissioned distributed ledger efforts to the launch of Ethereum, an alternative public blockchain that enables functionalities like smart contracts.