Sentences with phrase «run smart contracts as»
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.
https://www.profitconfidential.com/ Not exact matches
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:
These smart contracts are specific contracts that developers configure to run as they are designed.
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 ICO will issue utility tokens, which can be used for platform services, such as purchasing subscriptions or running a smart contract.
«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.»
In general, this ability to run apps or execute code is referred to as «smart contracting» and the apps are called «smart contracts.»
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.
The code that was developed for the (confusingly named) The DAO application was called a «smart contract,» and ran as a DAO application on top of the Ethereum blockchain.
In some cases, the token enables the holder to dividends and voting rights which are organized through smart contracts as part of a decentralized autonomous organization (DAO), a kind of robo - firm that is stored and run on ethereum.
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.
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.
Based on Raft and Juno, Kadena embeds a full smart contract language (Pact) into its blockchain that can be run as either public (plain text) or private (Double - Ratchet encrypted) transactions.
What makes Ether more appealing is the possibility to run numerous computer applications on it, such as a file - storing application, and its «smart contract» functionality, which is a scripting language.
Corporate support for the Enterprise Ethereum Alliance is gathering momentum, with 86 new companies adding their weight to the initiative to promote the uptake of Ethereum as the foundation for running smart contracts in Fortune 500 enterprises
«We believe in the original vision of Ethereum as a world computer you can't shut down, running irreversible smart contracts.»
And I believe more exploitable flaws have been found by now, some of which could also be attributed to Ethereum's Virtual Machine itself, rather than just an application running as a smart contract... There probably is no easy way out.
Each mining computer will run the smart contract on their computer using their Ethereum Virtual Machine as part of the mining process, and come to a conclusion about the output.
However, once an execution of smart contract code is kicked off, it generally runs as fast as the node can process it
The service provider would integrate and maintain the foundational technologies required to run the blockchain, monitor and troubleshoot the blockchain network, and provide an operations interface for the members to perform dynamic configuration, monitor SLAs, and manage policies as well as tools to manage smart contract lifecycle - deploy initial chaincode, upgrade to a new version, etc..
Based on Raft and Juno, Kadena embeds a full smart contract language (Pact) into its blockchain that can be run as either public (plain text) or private (double - ratchet encrypted) transactions.
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.»
Players buy and sell countries as Smart Contracts, and the map in the game runs on real - world time.
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.
According to the definition on their official website, smart contracts are «applications that run exactly as programmed without any possibility of downtime, censorship, fraud, or third - party interference.»
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.
Additional features such as smart contracts will run «in a week or so,» developers add, while future plans include Lightning Network integration and «increasing security.»
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.
Ethereum is a decentralized platform for applications that are guaranteed to run exactly as expected via smart contracts.
The service provider would integrate and maintain the foundational technologies required to run the blockchain, monitor and troubleshoot the blockchain network, and provide an operations interface for the members to perform dynamic configuration, monitor SLAs, and manage policies as well as tools to manage smart contract lifecycle — deploy initial chaincode, upgrade to a new version, etc..
The company wants to allow access to more computing power at lower costs to app developers has an incentive for the development of new DApps as well as new smart contracts developed for small tasks such as applications that can run independently from the blockchain.
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.»
These smart contracts run exactly as they were programmed, without any scope for fraud, censorship, or third - party interference.
Ethereum is a decentralized blockchain protocol that executes smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.