Sentences with phrase «smart contract code»

Virtually every blockchain use case involves considering the capabilities and limitations of smart contract code and smart legal contracts.

NEO cryptocurrency is widely considered as «Chinese Ethereum» because it, like Ethereum, is aiming to build a platform on which other DApps or Decentralized Applications could be built by letting users execute smart contract code on their Blockchain.

NEO cryptocurrency is widely considered as «Chinse Ethereum» because it, like Ethereum, is aiming to build a platform on which other DApps or Decentralized Applications could be built by letting users execute smart contract code on their Blockchain.

COBINHOOD will underwrite high - quality, ICOs that have passed stringent due diligence, smart contract code review and legal compliance.

As such, Mueller, who created it in an effort to eliminate the major vulnerabilities in ethereum smart contract code that have led to the loss of millions of dollars in ether, built Mythril to find the faults in smart contracts so that malicious actors won't be able to later.

It also implements features to allow more transactions to be processed in parallel, and even allows for multi-threaded smart contract code.

The crowd sale smart contract code has been reviewed and audited by a third party security auditing service.

These included planned upgrades to the ethereum virtual machine (EVM), the technology that today compiles smart contract code and communicates it to the network.

The bug was discovered in the contract wallet of smart contract Coding Comapany, Parity, with versions 1.5 and higher.

On June 17, 2016, someone exploited a known loophole in The DAO (a vulnerability in the default smart contract code) and drained one - third of the funds held in The DAO.

Not only is more being expected from smart contract code, but the workflows within institutions are being reimagined.

However, once an execution of smart contract code is kicked off, it generally runs as fast as the node can process it

COBINHOOD also provides a range of underwriting services for upcoming Initial Coin Offerings (ICO), including consulting and smart contract code review, alongside legal and marketing support.

Any miner of Ethereum simultaneously executes smart contract code.

For each ethereum application, the network needs to keep track of the «state», or the current information of all of these applications, including each user's balance, all the smart contract code and where it's all stored.

In a previous article, I articulated a distinction between smart contract code - a program or script executed on a blockchain - and smart legal contracts, the use of smart contract code to define and enforce a legal agreement.

In other cases, «smart contract code» might be useful in the absence of a traditional legal relationship.

However, owing to an element of its smart contract code, the funds were compromised, an event that sparked an effort to derail whoever was behind the incident.

One key caveat is that DAO token holders who had opted to use the smart contract code to break off into their own sub-organization will find themselves locked out as well.

IBM contributed their own cryptography and smart contract code.

For projects launching meta - tokens or with proprietary codebases, it could indicate the smart contract code has been published.

The DAO Hub had an unfortunate event during the evening of June 16th as an attacker drained the DAO for 3.53 million Ether finding a bug within the smart contract code.

To recap, the Ethereum - based project lost more than 3m ethers following an exploit of its smart contract code, an event that came after the initiative collected more than $ 150m in ether during a crowdsale.

The underlying blockchain gives us (1) a unit of value that can be used to create incentives and penalties, and (2) a toolkit with which we can design conditional logic in the form of «smart contract code.»

It seems a vector was found within the smart contract code where the attacker was siphoning Ether at $ 1 USD per second for quite some time.

EthPyramid has a very similar formula, even though the creator claims its smart contract code was built from scratch.

Parity, the company whose multi-sig wallets were frozen due to a bug in their smart contract code which was exploited by a Github user, is now asking the Ethereum foundation for a hard fork in order to recover the lost funds.

While decentralized and harder to tamper with, the application and smart contract coding is still written by error - prone humans

Two months later, due to a weakness in its smart contract code, the DAO was hacked to the tune of $ 50m.

Tezos will be an open source decentralized blockchain facilitating a formal verification of a smart contracts code for increased security with a protocol capable of self - amendment.

Parity, the company whose multi-sig wallets were frozen due to a bug in their smart contract code which was exploited by a Github user, is now asking the Ethereum foundation for a hard fork in order to recover the lost...

It extends beyond this simple concept by including the computation of the smart contract codes on the network.

Smart contract code is essentially any code within the blockchain that can control assets (cryptocurrency) within the same blockchain.