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Topic: 🔴[BOUNTY] 🔥🔥GRABITY🔥🔥 🚀NEW PARADIGM OF INTERNET🚀 💰350,000,000GBT💰🔴 - page 33. (Read 9882 times)

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newbie
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 Huh When someone places a simple bet on the temperature on a hot summer day, it might trigger a sequence of contracts under the hood.

 Grin Shocked
newbie
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Strength in numbers  Shocked Huh

Extrapolating that last point, smart contracts are likely to need assistance from other smart contracts.
newbie
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4. Store information about an application, such as domain registration information or membership records.
newbie
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3. Provide utility to other contracts (similar to how a software library works)
newbie
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2. Manage agreements between users, say, if one buys insurance from the other
newbie
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These smart contracts can:

1. Function as ‘multi-signature’ accounts, so that funds are spent only when a required percentage of people agree
newbie
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The language is ‘Turing-complete’, meaning it supports a broader set of computational instructions. Roll Eyes Roll Eyes
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Ethereum allows developers to program their own smart contracts, or ‘autonomous agents’, as the ethereum white paper calls them.
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Hey guys! Week 3 almost running into week number 4!
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By contrast, ethereum replaces bitcoin’s more restrictive language and replaces it with a language that allows developers to write their own programs.
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But, bitcoin is limited to the currency use case. Smiley
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