Yes, Bitcoin Is A Smart Contract Platform
Many think that smart contracts are only executable on overly-complex blockchains, but Bitcoin is a smart contract platform by definition.What is a smart contract?This is a question that, these days, has become impossible to answer without starting the digital equivalent of a bar fight. The minute that term is thrown out in a conversation, most people immediately think “Ethereum,” or “Solana,” or “TRON” or any of these decentralized in name only (DINO) projects that have popped up over the years since the inception of Bitcoin. Most new or uninformed people in this ecosystem probably think....
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In 2021, many smart contract platforms competed for users’ attention and attempted to be the next Ethereum killer. The terms DeFi, GameFi, and NFT, have been all over the media lately, and any of these would not be possible without smart contracts. As more smart contract platforms are introduced, it becomes hard for newcomers to choose which is right for them. This article will examine some of the most popular smart contract platforms and share our hands-on experience with them. Ethereum Token: ETH TPS: 10 Ethereum is the world’s first smart contract platform. Developers create....
Solidity and EVM make smart contracts available to every developer out there, regardless of experience. This is a good way to boost innovation in the smart contract space, but may not yield the best results in the initial stages. The recent debacle surrounding The DAO has shed an interesting spotlight on smart contract technology. Since individual developers wrote the entire concept of this project, it looks like smart contracts are not completely trustless. There is still a lot of work to be done before this technology is ready for mainstream adoption. Not everyone is capable of – or....
In 2021, many smart contract platforms competed for users’ attention and attempted to be the next Ethereum killer. The terms DeFi, GameFi, and NFT, have been all over the media lately, and any of these would not be possible without smart contracts. As more smart contract platforms are introduced, it becomes hard for newcomers to […]
Amid new concerns about the viability of blockchain smart contracts, one company is releasing a proposal that seeks to make it easier to ensure their security. Developed by Smart Contract Solutions, the open-source Zeppelin project aims to offer a community-driven framework for secure, audited code. The goal is to prevent the unintentional loss of funds, a danger perhaps best illustrated by the collapse of ethereum's biggest smart contract, The DAO. Since ethereum is the best-known smart contract platform, the first set of tools are written in its programming language Solidity. But,....
The Stellar (XLM) Development Foundation celebrated the launch of a preview for their upcoming smart contract platform, called “Soroban”. As part of their “Project Jump Cannon”, the initiative behind the development of the platform, the organization has invited developers to create their own contracts. Soroban’s announcement has been highly anticipated by Stellar (XLM) users. This platform might provide the network with new use cases, and a new wave of adoption, and might provide it with the capabilities to compete with major blockchains, such as Ethereum. Per an official post, Stellar’s....