Post
Topic
Board Announcements (Altcoins)
Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources]
by
CryptoRekt
on 31/05/2017, 19:49:18 UTC
Ok. So i understand here cant talk about price. I found speculation thread. So maybe was my fault. But now i have one question. How much things can be changed in good way after this RSK contracts?


To better answer your question i think it would help for you to have a core understanding as to what a smart contact entails; to summarize:

Smart contracts are computer protocols that are able to facilitate, verify, or enforce the negotiation or performance of a contract. They are able to replicate logic that upholds contractual clauses, and should be partially/fully self-executing, and/or self-enforcing. The aim of a smart contract is to achieve heightened security, as they are touted as being tamper proof, and minimize human error.

In essence they have the ability to reduce financial transaction costs, and risk, through non-discriminatory execution. which effectively brings on an additional layer of transaction security.

Given the above stated information we will be one of the only currencies on the open market place to provide this service on top of the core fundamental services that are baked into our currency.