Topic: So what's the deal with smart contracts? - page 3. (Read 2434 times)
i think they are just a new trends, it will fade away when a newer trend will come out, all those coin are there to scam people, some do it in a legal way other in a not-legat way
Ethereum is useless and just a pump and dump to scam people. It doesn't matter what you can do inside of the VM when the system that supports it is not valid:
The Ethereum Paradox
https://bitcointalksearch.org/topic/the-ethereum-paradox-1361602
The Ethereum Paradox
https://bitcointalksearch.org/topic/the-ethereum-paradox-1361602
Strength and independence!!!! Your "programs" (contracts) are very unlikely to stop running for any reason other than programmatically intended. Independent in the sense that it is very difficult for ANY group or individual to tamper with the running program. This is like... rise of the machines.
Yes, that is the part everyone knows, but in what real way will this power be utilized?
Everyone talks about what can be done with Ethereum et al and the power of decentralized application technology. What I insist not understanding is what makes those applications superior to their centralized counterparts.
I don't claim that Dapps are not important. I just want to learn what's deal with them.
Cutting out the middleman. Each contract autonomous. Saving money. I don't claim that Dapps are not important. I just want to learn what's deal with them.
Strength and independence!!!! Your "programs" (contracts) are very unlikely to stop running for any reason other than programmatically intended. Independent in the sense that it is very difficult for ANY group or individual to tamper with the running program. This is like... rise of the machines.
Yes, that is the part everyone knows, but in what real way will this power be utilized?
Strength and independence!!!! Your "programs" (contracts) are very unlikely to stop running for any reason other than programmatically intended. Independent in the sense that it is very difficult for ANY group or individual to tamper with the running program. This is like... rise of the machines.
Everyone talks about what can be done with Ethereum et al and the power of decentralized application technology. What I insist not understanding is what makes those applications superior to their centralized counterparts.
I don't claim that Dapps are not important. I just want to learn what's deal with them.
I don't claim that Dapps are not important. I just want to learn what's deal with them.
Transparency
I can make my centralized app do obscure things, I can modify it at any time without telling you.
Dapps don't need trust instead.
Thank you! So this could be useful for gambling. A roulette contract may work autonomously without a centralized institution. We may even omit the zero from such a roulette. And what else? I am looking for real-world use cases.
Edit: Cannot open-sourced applications be used to provide the same transparency?
Everyone talks about what can be done with Ethereum et al and the power of decentralized application technology. What I insist not understanding is what makes those applications superior to their centralized counterparts.
I don't claim that Dapps are not important. I just want to learn what's deal with them.
I don't claim that Dapps are not important. I just want to learn what's deal with them.
Transparency
I can make my centralized app do obscure things, I can modify it at any time without telling you.
Dapps don't need trust instead.
Nobody really knows. But enjoy the PnD.
Everyone talks about what can be done with Ethereum et al and the power of decentralized application technology. What I insist not understanding is what makes those applications superior to their centralized counterparts.
I don't claim that Dapps are not important. I just want to learn what's deal with them.
Post Script
I don't claim that Dapps are not important. I just want to learn what's deal with them.
Post Script
Let me clarify my point by giving an answer of the kind I'm looking for.
What will be the exclusive real use cases of the Waves platform?
Fee-free, transparent and secure equity crowdfunding projects, international money transfers and payments in fiat currencies, and a secondary security market.
I am looking for such an answer for Slock.it, or for smart contracts in general.
What will be the exclusive real use cases of the Waves platform?
Fee-free, transparent and secure equity crowdfunding projects, international money transfers and payments in fiat currencies, and a secondary security market.
I am looking for such an answer for Slock.it, or for smart contracts in general.
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