Chainlink quietly unveils a grant program with the stated goal of making smart contracts “the dominant form of digital agreement”.
Smart Contracts News
A smart contract is a protocol that enforces the performance of a contract with adding the terms of the agreement into the code. Smart contracts are a great way to exclude any third party from the transaction and make transaction prices lower, as they need no validation.
Smart contracts are implemented in a lot of cryptocurrencies to control the transfers of digital currency, establish a governance and a lot of other things. But smart contracts have a wider range of possible implementations. Smart contracts may be used in voting, management, machine-to-machine interactions in the internet-of-things, real estate and in the building of personal data storage with specific access policies, e.g., medical databases.
Still, smart contracts are not perfect. They don’t exclude the possibility of bugs or fraud and have no way of changing post-factum, which may be necessary in some cases.
Bitcoin a secure cryptocurrency, whereas Ethereum has been a “frontrunner” when it comes to smart contracts.9931
The Ethereum ecosystem is now seeing the growth and adoption of ideas outlined more than five years ago, including many of the components of DeFi.7536
Ethereum founder Vitalik Buterin has warned about the risks of smart contract exploits in DeFi.12633
R3’s widely-used open source blockchain platform Corda now supports the DAML smart contract language.4271
Binance Smart Chain will integrate Chainlink data oracles to add usability to its blockchain, in particular, in the burgeoning DeFi space.6291
A class-action lawsuit seeks to prevent e-scooter firm Helbiz from destroying the smart contract underpinning its ERC-20 token.3485
Smart contracts in the trade sector will need to rely on IoT sensors to live up to their full potential new research suggests.4646
Digital asset protocol releases incentive program to incentivize AMPL liquidity on Uniswap 2.0.2698
Ether options could be the new fuel that drives growth in the crypto market.12799
With the launch of an Ethereum Virtual Machine, Telos is set to enable developers to create and run Ethereum-Compatible smart contracts.2546
The Bancor decentralized exchange has released a smart contract with a critical vulnerability, and is now hacking itself to save user funds from malicious actors.3715
The potential benefits of smart contracts go well beyond what their name suggests, the co-founder and CEO of Blockstack argues.6115
Algorand and Blockstack have launched a joint open-source project to support the development of a smart contract language.4368
The immutability of blockchain ledgers and smart contracts have a “dark side,” argues UPenn professor Kevin Warbach.10854