Topic: Smart Contracts (Read 7412 times)

IN THE LEAD BY HEAVY DEMAND.. NXT.. WITH THEIR SMART CONTRACS DOT COM PROPOSAL. THE THING IS THOUGH IT'S STILL A PROPOSAL SO IT IS UP TO THEIR COMMUNITY TO BRING FRUITION. 2ND PLACE CURRENTLY, BITHALO DOT ORG WITH THEIR DOUBLE DEPOSIT ESCROW ENFORCEMENT PROTOCOL WHO I WILL SAY ACTUALLY HAS USERS, INCLUDING LAWYERS, USING THEIR PROTOCOL IN ACTUAL CONTRACTS AS REPORTED BY "BITCOINADVOCATE." FEW DAYS LEFT ALL 

Definitely Ethereum.

*even though I've never used Ethereum yet. LOL

Definitely nxt, just go to CoinMarketCap lol

Blackwave Labs is also building a geo-local wallet with smart contracts, but ours will be usable by any Bitcoin based coin. In my opinion any smart contracts solution that requires its own blockchain should be looked at suspiciously as a possible way to P&D considering it could be done without major changes to the existing established protocols.

Bitshares is a scam,an other snapshot? how easy to scam ppl with this snapshots  trend ,http://prestonbyrne.com/2014/08/17/dont-walk-away-run/

I go with bitshares

24 hour volume doesn't mean much if people are just waiting to be able to exit at feed price because there aren't any shorts closing today. A few days ago it was over half a million dollars volume. Yes, if there was more liquidity you could have continuous exit opportunities. Yes, if there was more liquidity you would see tighter pegs on the external exchanges. But the mechanic works, I can exit bitUSD at $1 worth of BTS. It has been tracking without any coordinated market-making efforts.

Honestly 10 signups/day is a miracle given how shitty the GUI is. It's not a mature product, that's for sure.

New BTS accounts have collapsed to < 10/day... no wonder with wonky client and phantom pegs.

Money matters to people, baby.

Did I hear drugs? So you have some... I'd love a hit!!!

Yeah, near zero volume... $653 today.

http://www.bitsharesblocks.com/assets



Also, constant problems with client... my 3rd install...



You know, I've traded on maybe 50 platforms last 20 years... and BitShares does not impress...
The "algo" is like Communist Central Planning... the pegs will collapse under stress.
But no one will listen until it comes crashing down.

http://prestonbyrne.com/2014/08/17/dont-walk-away-run/

Vitaliks blog on Weak Subjectivity sounds like he is describing Nxt so might not be surprised if ethereum looks like Nxt too  

It needs a fee, otherwise there is nothing to stop someone flooding the network with thousands/millions of bogus garbage transactions for free. The transactions won't get accepted but the network would still have to sort the good ones from the bad which does have a cost. Fees protect against spam


Nxt Smart Contracts is written in a language very similar to SQL, IIRC. On day one of launch, there will be thousands of people around the world who already have the skills to start building smart contracts and the market will decide which are worth pursuing. Smarts Contracts will be suitable for the vast majority use cases, but it isn't Turing Complete. In simple contracts is doesn't need to be.

For complex transactions, Nxt has Automated Transactions on testnet as we speak which is Turing Complete. It is written in machine code so can have compilers written in multiple higher level languages. The first being C (can't remember which) so again there with be very exerienced devs ready to go from day one.


I understood if you wanted to use ethereum then you needed to learn a custom language. There will be a few dozen people who know how to use ethereum on day one, if that is still the case. Nxt likely having a good few months head start and all the other features makes me feel ethereum will have a lot of ground to make up. It won't be unique when it finally launches.

Yes, plus they have assembled a huge (when talking in cryptocurrency terms) multinational team dedicated to develop every aspect that a Blockchain could potentially provide. They even have their own IDE and scripter tools. The only drawback I see for it, is that everything costs a certain amount of Ether.  

In what way will it outgun everything else? Because it is Turing Complete?

Is it still planned to have their own language to write the contracts?

Obviously most of you here have not seen Ethereum's smart contract tools yet. They will outgun everything else by orders of magnitude.

Hands up anyone who has heard of Nick Szabo?  

It is comments like these that made (and make, I guess) BC un-investable for me...

I remember some senior devs arguing that the multipool bought x BC every day so the price was GUARANTEED to increase by y in z days (double in 180 days I think it was, vague memory..)

Point out that x purchased will increase the price so unless x increases at the same rate as the price, you will have diminishing buying power so less effect on driving the price up after each daily pruchase. A few rounds of denial and step by step explanation and it would seem to be accepted... only to repeated 3 pages later    This happened 4-5 times, enough to say I'm out.

100 % bithalo

dude are you on drugs? is your brain damaged? or what?

bitUSD volume is more than 700k today
you choose the wrong day to spread your FUD

lol

http://www.bitsharesblocks.com/assets
https://coinmarketcap.com/assets/

Well, bitUSD volume has collapsed to effectively zero...
The whole thing has always been based on dodgy propositions not used in the Financial World...
Lot of hysteria about this in bitShares forum.

https://bitsharestalk.org/index.php?board=8.0

Tried installing BitShares client on 2 different Win 7 machines...
Neither successfully downloaded the blockchain... and the client crashed on both machines repeatedly.

The devs seem to think this is funny or something.

https://bitsharestalk.org/index.php?topic=8246.0

Also, has any actual person created a meaningful "contract" with BitHalo?
Maybe that is why BC is collapsing to all-time lows.

It's really not about "smart contracts"...
It's about a STABLE, decentralized Gen 2.0 PLATFORM with MANY useful functions.

I can think of only one that qualifies right now = NXT... and that is a big head start.

No thats completely untrue. For that to be the case it would have to be a profitable fraud and i dont seeing that to be the case. If you want to prove it, lets go into a DDE and you try that. Im down to do a bitcoin contract with you. I will even put 2:1

Oh and Halo has a reputation system with whitelisting too.

BitHalo DDE "smart contracts" are not useful. A fraudster can still profit by committed fraud because rational agents on average will still release the escrow to get their money back even if they got ripped off.