Back to blockchain basics. What is a smart contract?
. The standard describes the core functions of all Ethereum-based tokens. As such, these digital assets are often referred to as ERC-20 tokens, and they represent a great portion of the existing cryptocurrencies.
Other than that, some argue that centralized systems can provide most of the solutions and functionalities offered by smart contracts. The main difference is that smart contracts are running on a distributed P2P network, rather than a centralized server. And because they are based on a blockchain system, they tend to be either immutable or very hard to change.
It's important to note that the problem didn't come from the Ethereum blockchain. Instead, it was caused by a faulty smart contract implementation. Smart contracts are certainly an interesting piece of technology. But, being distributed, deterministic, transparent, and somewhat immutable can make them less appealing in some situations.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Cryptopedia: Learn the basics of smart contracts and how they workAre you still not clear on what a smart contract is? Learn how they work explained in our latest episode of Cryptopedia.
Leer más »
ESF00+ Smart Fitness Scale review: Track the good, bad, & BMI | Digital TrendsA smart scale is a great way to keep track of your fitness and weight goals. The Etekcity ESF00+ offers a sleek design and a lot of data.
Leer más »
Nanoleaf and Secretlab team on a new smart light strip | Digital TrendsNanoleaf and Secretlab partner together to create the MAGRGB light strip specifically for the Magnus metal desk.
Leer más »
Smart money is accumulating Ethereum even as traders warn of a drop to $2.4KShort-term price predictions for Ethereum are bearish, but on-chain data highlights smart money accumulating ETH in anticipation of the Merge.
Leer más »
A Quick Look Under the Hood of an NFT Smart Contract (Part 1) | HackerNoonA smart contract is the heart of an NFT that powers it to do what it does. In this article series, we take an in-depth look at an NFT smart contract.
Leer más »
10 deals you can't miss on Saturday: $5 smart plugs, $17 Blink cam, $180 Roomba, moreAmazon deals of the day on Saturday include $5 smart plugs, $17 Blink cameras, Quest protein bars, a $180 Roomba vacuum, and much more!
Leer más »