Sentences with phrase «to run smart contracts»

A gas limit is put in place in order to add a cost for running the smart contracts.

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.

The platform, among other things, similarly runs smart contracts and decentralized applications.

The control layer's function is to run smart contracts while the settlement layer contains a unit of account.

«Every time a person or a corporation runs a smart contract on RSK, 80 % of the fuel paid goes to the miners and the remaining 20 % to RSK Labs, so we can continue the development of the open source platform.»

This decentralized platform running smart contracts completely diminish chances of censorship, downtime, third party interference and fraud.

Mastercard, Cisco and Scotiabank have added their weight to the Enterprise Ethereum Alliance as part of a wave of 34 new members signing up for the project to promote the uptake of Ethereum as the foundation for running smart contracts in Fortune 500 enterprises.

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.

Technology built by Chain, Eris Industries, Ethereum, IBM and Intel were used to run smart contracts programmed to facilitate issuance, secondary trading and redemption of commercial paper.

Ether tokens are the native coin and payment fuel of Ethereum, the decentralized blockchain platform to run smart contracts not operated by any institutionalized bank or government.

Each of the distributed ledgers ran a smart contract based on identical business logic to enable the banks to accurately compare the difference in performance between them.

ETHEREUM — A decentralized platform that runs smart contracts which are applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference

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.

In its simplest definition, Ethereum is a decentralized platform that runs smart contracts using the blockchain technology.

This group aims to use the blockchain technology to run smart contracts at Fortune 500 companies.

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.

They can also perform mining tasks by validating transactions and running smart contracts across the network.

Expanse runs smart contracts that allow for almost limitless possibilities, and these smart contracts are also the foundation of the decentralized autonomous organization (DAO).

Ethereum is an open source, a decentralized computing platform that runs smart contracts with applications that run as programmed without the possibility of downtime, censorship, fraud or third party interference.

However to run smart contracts on the live network you'd have to cough up some real ether.

Ethereum Classic is a decentralized, immutable platform running smart contracts, and a continuation of the original Ethereum blockchain — upheld by users fundamentally opposed to the post-DAO fork.

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

GAS will be used for resource allocation, network charges, and for operations such as providing incentives for maintaining the blockchain and for running smart contracts and DApps.

The settlement layer will have a unit of account, while the other layer will run smart contracts and will be programmed to recognize identity, assisting compliance and allowing blacklisting.

The ICO will issue utility tokens, which can be used for platform services, such as purchasing subscriptions or running a smart contract.

On the creation of the new chain, the developers would have run a smart contract that would have returned all of the funds that the DAO was able to raise and give them back to the members who had funded.

GAS is used to power the NEO blockchain network, with users needing to pay GAS fees to deploy and run smart contracts.

«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.»

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.

GAS is deployed to pay and run 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.

It was created by blockchain development firm Input Output Hong Kong (IOHK) and led by Charles Hoskinson, former co-founder of BitShares and Ethereum, and aims to run smart contracts, decentralized applications, side chains, multi-party computation, and metadata.

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.

GAS is used to power the NEO blockchain network, with users needing to pay GAS fees to deploy and run smart contracts.

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.

A decentralized platform that runs smart contracts, Ethereum enables you to build the following:

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.»

The Contracts screen allows you to run smart contracts — creating new tokens or adding existing ones to the list of available tokens.

In addition to being able to run smart contracts, it also has its own cryptocurrency that comes along for the ride — that cryptocurrency is called Ether.

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

Ethereum has immense potential as a decentralized platform that runs smart contracts and can be used to build wide ranging applications.

Bitcoin is a store of value and payment system and the most valuable cryptocurrency Ethereum is a programming language and decentralized platform that runs smart contracts — A World Super Computer that would decentralize and democratize the existing client - server model What...

Ethereum: «Ethereum is a decentralized platform that runs smart contracts:...»

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.