Sentences with phrase «runs smart contracts which»

Not exact matches

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.

Ethereum is kind of this decentralized supercomputer where you can run these smart contracts, which has an infinite amount of potential use cases.

Unlike a traditional investment vehicle, which has centralized infrastructure and management, The DAO was created via a smart contract, and was intended to run without any centralized infrastructure or regulation.

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, open software, blockchain platform which runs on smart contracts that allow decentralized appplications (dapps) to run on it.

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.

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.

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.

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.

The component which executes the smart contracts is the Ethereum Virtual Machine (ie eris: db understands the same smart contracts that run on the public Ethereum blockchain).

The network has been able to dramatically increase the scalability of the blockchain by creating sidechains for each DApp — which they call a DAppChain — and it can run side - by - side with Ethereum smart contracts.

We essentially replace the centralized pool operators by smart contracts, which is run and managed in a decentralized way on the blockchain.

Which means it can run «apps» — my simple metaphor for «smart contracts».

This book outlines the specifications for the Ethereum virtual machine (EVM), which handles the state of the ledger and runs smart contracts.

The most well - known DEX is EtherDelta, which uses smart contracts to allow users to trade ERC20 tokens, which all run on the Ethereum blockchain.

RChain's decentralized applications will run on the Rho Virtual Machine (RhoVM), which can simultaneously execute different smart contracts on independent blockchains and networks.

Combined with Bloc, the web application software development kit which supports all the core features of the Ethereum Solidity smart contract language, developers can have blockchain applications up and running in minutes.

Put simply, Ethereum is software that is running on a distributed network of computers which ensures that smaller programs (called smart contracts) are replicated and executed across the network.

Ethereum wants to become the platform on which decentralized apps and smart contracts run.

In Ethereum, Plasma would be composed of EVM smart contracts running directly on Ethereum, but only processing tiny commitments which can represent an incredibly large amount of computation and financial ledger entries in non-Byzantine cases.»

The distribution and transfer of REBL tokens are handled by the REBL smart contract, which is an application running on the Ethereum 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.