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Topic: Smart Contracts on Steroids: Solving the Problems Facing Ethereum’s Solidity (Read 116 times)

newbie
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Thanks. Tried Solidity once.
newbie
Activity: 61
Merit: 0
The Ethereum network currently consists of more than 1,700 decentralized applications (DApps), a number that is expected to grow in the coming years. And while all of these DApps rely on smart contracts to accomplish a number of important tasks, it has become clear that smart contracts are prone to errors, bugs and other catastrophic mistakes — to the tune of more than a billion dollars stolen in smart contract hacks to-date.

In order to write a smart contract, programmers must learn an entirely new programming language called “Solidity.” While smart contracts facilitate complex operations in ethereum, making simple mistakes while writing smart contracts in Solidity can cause dire consequences, including security breaches and / or very high transactional costs.

https://hackernoon.com/smart-contracts-on-steroids-solving-the-problems-facing-ethereums-solidity-a1f71cc260ce
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