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Malmoun
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January 24, 2019, 10:55:05 PM |
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Hello gus what are you coing?
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Christ_bit
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January 25, 2019, 12:54:38 PM |
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Hi everyone
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Whyknow78
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January 25, 2019, 02:21:19 PM |
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Hey guys! Week 3 almost running into week number 4!
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StyleCat
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January 25, 2019, 04:25:30 PM |
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Croosss123
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January 25, 2019, 04:26:00 PM |
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Ethereum allows developers to program their own smart contracts, or ‘autonomous agents’, as the ethereum white paper calls them.
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Choco_boy
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January 25, 2019, 04:27:08 PM |
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The language is ‘Turing-complete’, meaning it supports a broader set of computational instructions.
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Christ_bit
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January 25, 2019, 04:28:59 PM |
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These smart contracts can:
1. Function as ‘multi-signature’ accounts, so that funds are spent only when a required percentage of people agree
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Whyknow78
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January 25, 2019, 04:30:42 PM |
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2. Manage agreements between users, say, if one buys insurance from the other
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Croosss123
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January 25, 2019, 04:31:52 PM |
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3. Provide utility to other contracts (similar to how a software library works)
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Choco_boy
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January 25, 2019, 04:32:31 PM |
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4. Store information about an application, such as domain registration information or membership records.
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Christ_bit
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January 25, 2019, 04:33:27 PM |
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Strength in numbers Extrapolating that last point, smart contracts are likely to need assistance from other smart contracts.
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Whyknow78
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January 25, 2019, 04:34:12 PM |
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ImHeAr
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January 25, 2019, 04:49:22 PM |
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HARA │ Empowering billions through data one byte at a time
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Pakhi22
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January 25, 2019, 04:55:34 PM Last edit: January 29, 2019, 04:47:34 PM by Pakhi22 |
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Choco_boy
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January 25, 2019, 05:01:28 PM |
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One contract would use outside data to determine the weather, and another contract could settle the bet based on the information it received from the first contract when the conditions are met.
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