The name is a reference to the protagonist in Neal Stephenson’s novel, Snowcrash.
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.
UK media boss and former banker Alexander Lebedev has revealed he is looking to launch a decentralized finance powered “bank 2.0.”11020
Aztec 2.0 is both a scaling and a privacy solution rolled into one.8562
The Port of Rotterdam's Innovation Dock has been testing a high-frequency decentralized energy market for renewables since August.3095
Congressperson and Blockchain Caucus Co-Chair David Schweikert has advanced a bill to make good on the crypto adage "Code is law."5714
New NFT marketplaces may even leave Ethereum altogether to deal with high gas fees.10229
The blockchain can now see its environment.4411
A new blockchain protocol is set to solve major DeFi issues.8901
A new project says it is delivering the first public oracle system on the TRON network — a milestone that’s expected to expand the blockchain’s use cases.11176
The DAML smart contract language is getting more popular.4693
Digital Asset’s DAML will connect diverse blockchains on a national DLT project in China.6884
Despite Ethereum’s proposal to fix its high fees, some feel that more needs to be done to improve the network.19266
The Russian government keeps betting on blockchain for elections.5972
Crypto users can now use DLCs on the Bitcoin mainnet.18141
An open-source blockchain has broadened its decentralized identity partner base in a move that could bring trust to the DeFi sector and automotive industry.7937