Cryptopedia: Learn the basics of smart contracts and how they work
Cointelegraph explains what smart contracts are and how this blockchain-based technology changes the way transactions are made. Cointelegraph's Jackson DuMont tackles smart contracts in the latest episode of Cryptopedia. He explains how smart contracts work from the basics and provides examples of how they can be utilized in real-world scenarios. DuMont describes smart contracts as code within the blockchain that "execute when specific conditions are met." They are self-executing contracts built on blockchain technology and have the power to complete transactions without middlemen. As an....
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Cointelegraph breaks DAOs down, explaining why this increasingly popular governance structure is relevant and transformative. In the latest Cryptopedia episode, viewers can get a succinct and informative overview of decentralized autonomous organizations, or DAOs. Cointelegraph's Jackson DuMont believes DAOs have the power to "completely transform how work and social collaboration are organized."What makes this type of organization both decentralized and autonomous? The answer is smart contracts on the blockchain. Fundamentally, a DAO runs on the lines of computer code written on smart....
There’s a lot of excitement surrounding discussions about the blockchain and its 2.0 possibilities. In the midst of all this hype, people often forget that a good percentage of the world still do not know what bitcoin is or how to use it. A 2014 report from the Wall Street Journal claimed that 76% of consumers have not heard of Bitcoin. Even though a....
Cointelegraph breaks down stablecoins and how they give users a way to safely store their assets without worrying about depreciation. Cointelegraph’s director of video production Jackson DuMont dissected stablecoins in the latest episode of Cryptopedia. DuMont also explored and explained algorithmic stablecoins and the recent incident involving the TerraUSD (UST) and why it was unable to maintain its dollar peg. DuMont defined stablecoins as “a crypto whose value is tied to an outside asset such as the United States Dollar (USD).” According to DuMont, stablecoins are very vital to the....
If you have no idea what a cryptocurrency is and never heard of Ethereum, then this is the right post for you. Ethereum, you would have heard about it by now. If not, then I guess you have been out of touch with the cryptocurrency industry for a while or you are really new to it. Well, don’t worry we will get you up to speed in this article. What is Ethereum? It is a relatively new cryptocurrency that is making waves in the cryptocurrency ecosystem. Unlike bitcoin, it is designed to be a smart contract platform based on the blockchain technology. The crypto tokens on this platform are....
Ethereum is attracting a lot of aspiring and experienced developers who want to explore blockchain technology and smart contracts. Interested parties may want to check out the eight-week Ethereum developer course by Exosphere, called Ethereum Stream. Although eight weeks might sound a bit short to learn everything about the inner workings of Ethereum,....