The control layer's function is to
run smart contracts while the settlement layer contains a unit of account.
Not exact matches
The settlement layer will have a unit of account,
while the control layer will
run smart contracts and will be programmed to recognize identity, assisting compliance.
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.
Agrello, a legal technology startup developing «
smart agreements» on the basis of AI orchestrated
smart contracts today announced its plans to
run its system on the Ethereum blockchain ecosystem
while still remaining compatible with other blockchain stacks.
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.»
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.
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.