Topic: 🔴[BOUNTY] 🔥🔥GRABITY🔥🔥 🚀NEW PARADIGM OF INTERNET🚀 💰350,000,000GBT💰🔴 - page 34. (Read 9882 times)
January 24, 2019, 11:54:17 AM
The network of nodes will only validate transactions if certain conditions are met.
January 24, 2019, 11:53:13 AM
How smart contracts work 
It’s worth noting that bitcoin was the first to support basic smart contracts in the sense that the network can transfer value from one person to another.
It’s worth noting that bitcoin was the first to support basic smart contracts in the sense that the network can transfer value from one person to another.
January 24, 2019, 11:00:11 AM
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January 24, 2019, 10:29:15 AM
But these new tools aren’t intended to be used in isolation. It is believed that they can also form the building blocks for ‘decentralized applications’ and even whole decentralized autonomous companies 
January 24, 2019, 10:28:07 AM
Ethereum is a platform that’s built specifically for creating smart contracts.
January 24, 2019, 10:27:37 AM
In this case, the user would create a contract, and push the data to that contract so that it could execute the desired command.
January 24, 2019, 10:21:28 AM
Well that's new...
But like in a simple example, ethereum users can send 10 ether to a friend on a certain date using a smart contract
But like in a simple example, ethereum users can send 10 ether to a friend on a certain date using a smart contract
January 24, 2019, 10:20:57 AM
First conceived in 1993, the idea was originally described by computer scientist and cryptographer Nick Szabo as a kind of digital vending machine. In his famous example, he described how users could input data or value, and receive a finite item from a machine, in this case a real-world snack or a soft drink. TA DA! 
January 24, 2019, 10:18:33 AM
Put differently, smart contracts are programs that execute exactly as they are set up to by their creators.
January 24, 2019, 10:17:12 AM
While a standard contract outlines the terms of a relationship (usually one enforceable by law), a smart contract enforces a relationship with cryptographic code.
January 24, 2019, 10:16:35 AM
A new technology made possible by public blockchains, smart contracts are difficult to understand because the term partly confuses the core interaction described.
January 24, 2019, 10:15:28 AM
Well like many ideas in the blockchain industry, a general confusion shrouds so called ‘smart contracts’.
January 24, 2019, 10:12:23 AM
Yeah, what about them? How do they work?
January 24, 2019, 10:11:43 AM
What about with the smart contracts of ethereum?
January 24, 2019, 10:06:42 AM
Hi team Then lets continue! We are about to enter week number 4 from the project! Lets get ready
Then lets continue! We are about to enter week number 4 from the project! Lets get ready January 24, 2019, 10:04:32 AM
Great! Im doing awesome, ready to learn more & more!
January 24, 2019, 10:01:13 AM
Hii guys
How is everybody doing today?
How is everybody doing today?
January 24, 2019, 09:57:31 AM
Hi everyone, welcome to Grabity project once again!
January 24, 2019, 09:36:52 AM
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January 24, 2019, 08:55:29 AM
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