Smart contracts

[dbc23]

Have you ever imagined how fast transactions are been executed on the Blockchain network? Or have you wondered how this transactions get executed in the absence of intermediary or third-party representatives. Have you considered how this transactions get confirmed on the network with fast execution satisfying both parties involved in the peer-to-peer transactions clearing the issues of trust and  making the whole system transpent to both parties.

Smart contracts here makes all this possible ensuring  smart transactions provided certain criterias are met not resolving the issues associated with trust and publishing the detailed leger on an immutable and temper-proof ledger.

What solutions do you intend solving with this new technology called Blockchain

[CryptoHeadlineNews]

Because just as the name goes "Blockchain" which means a system where an information can be stored which can not be hack, change or cheat, that's the solution this technology has to offer..
And likewise the smart contract which makes all operation fast and easy by bypassing the middle men by it's automated system which works with verified needed conditions.

[cryptoaddictchie]

Smart contracts here makes all this possible making smart transactions provided certain criterias are met not resolving the issues associated with trust and publishing the detailed leger on an immutable and temper-proof ledger.

What solutions do you intend solving with this new technology called Blockchain

If youre looking for a wormhole or any loop hole, there are cases that blockchain has been cheated or any smart contract that got compromised. We all like transparency but of course there are people whom can read and devise codes for exploitation of those secured chain. Well I guess nothing is more for sure. Solution would come up the way it goes and will come out the sooner we hit such problems in blockchain world.

[dbc23]

[quote author=dbc23
What solutions do you intend solving with this new technology called Blockchain
If youre looking for a wormhole or any loop hole, there are cases that blockchain has been cheated or any smart contract that got compromised. We all like transparency but of course there are people whom can read and devise codes for exploitation of those secured chain. Well I guess nothing is more for sure. Solution would come up the way it goes and will come out the sooner we hit such problems in blockchain world.

How does Blockchain get compromised or cheated without a consensus of each member of the block since what ever is done on one block affects the general block both in the private and public Blockchain be it permissioned or permissionless. Even if there is a compromise there should be an agreement between the contributor and can only be applied in private Blockchain where contribution to the network is strictly on invitation

[dansus021]

first of all "No System is Safe" like all hacker quote in the movie 

but 51% attack still can rolling back the transcation event tho it more hard day by day

smart contract in the other hand is almost perfect but you can look dozen of attack hapen and other problem is fee you know ethereum right now

but blockchain is always make me suprised 

[hugeblack]

So far, no way has been found to make the different blockchains talk to each other, so decentralize transfers can be made within the same blockchain if certain conditions are met, in addition to transfer fees, which is a problem so far that has not been resolved in the Ethereum blockchain.

In general, smart contracts led to the creation of what is known as tokens, which made the cryptocurrency market expand much, but this does not mean that all blockchains are good.
Also, the blockchain itself is useless if it is centralized because there are faster and less expensive solutions than it.