Re: 🔴[BOUNTY] 🔥🔥GRABITY🔥🔥 🚀NEW PARADIGM OF INTERNET🚀 💰350,000,000GBT💰🔴
by
Croosss123
on 29/01/2019, 16:16:20 UTC
In the first type of app, a user may need to exchange ether as a way to settle a contract with another user, using the networks distributed computer nodes as a way to facilitate the distribution of this data.
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BoardBounties (Altcoins)
Re: 🔴[BOUNTY] 🔥🔥GRABITY🔥🔥 🚀NEW PARADIGM OF INTERNET🚀 💰350,000,000GBT💰🔴
by
Croosss123
on 29/01/2019, 15:44:40 UTC
A couple of main characteristics are that theyre open source and dont have a central point of failure.
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BoardBounties (Altcoins)
Re: 🔴[BOUNTY] 🔥🔥GRABITY🔥🔥 🚀NEW PARADIGM OF INTERNET🚀 💰350,000,000GBT💰🔴
by
Croosss123
on 29/01/2019, 15:12:23 UTC
Hi team, happy to be here & ready to start with our subject, or at least continue the previous one
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BoardBounties (Altcoins)
Re: 🔴[BOUNTY] 🔥🔥GRABITY🔥🔥 🚀NEW PARADIGM OF INTERNET🚀 💰350,000,000GBT💰🔴
by
Croosss123
on 28/01/2019, 17:06:22 UTC
One example is to use this design for a decentralized Twitter thats resistant to censorship.
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Re: 🔴[BOUNTY] 🔥🔥GRABITY🔥🔥 🚀NEW PARADIGM OF INTERNET🚀 💰350,000,000GBT💰🔴
by
Croosss123
on 28/01/2019, 16:05:07 UTC
Blockchains as databases are slow and there is a cost to storing the data the processing (or mining) of every block in a chain.
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Re: 🔴[BOUNTY] 🔥🔥GRABITY🔥🔥 🚀NEW PARADIGM OF INTERNET🚀 💰350,000,000GBT💰🔴
by
Croosss123
on 28/01/2019, 15:59:24 UTC
A certain percentage of fraud is accepted as unavoidable.
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BoardBounties (Altcoins)
Re: 🔴[BOUNTY] 🔥🔥GRABITY🔥🔥 🚀NEW PARADIGM OF INTERNET🚀 💰350,000,000GBT💰🔴
by
Croosss123
on 28/01/2019, 15:52:08 UTC
There are times when third-party control is totally appropriate and desirable.
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Re: 🔴[BOUNTY] 🔥🔥GRABITY🔥🔥 🚀NEW PARADIGM OF INTERNET🚀 💰350,000,000GBT💰🔴
by
Croosss123
on 28/01/2019, 15:02:48 UTC
Is the data dynamic with an auditable history?
Paper can be hard to counterfeit because of the complexity of physical seals or appearances.
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Re: 🔴[BOUNTY] 🔥🔥GRABITY🔥🔥 🚀NEW PARADIGM OF INTERNET🚀 💰350,000,000GBT💰🔴
by
Croosss123
on 28/01/2019, 14:59:58 UTC
By formalizing and securing new digital relationships, the blockchain revolution is posed to create the backbone of a layer of the internet for transactions and interactions of value.
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Re: 🔴[BOUNTY] 🔥🔥GRABITY🔥🔥 🚀NEW PARADIGM OF INTERNET🚀 💰350,000,000GBT💰🔴
by
Croosss123
on 28/01/2019, 14:37:46 UTC
Hey everyone!! Welcome to week number 4 or is it number 5?
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BoardBounties (Altcoins)
Re: 🔴[BOUNTY] 🔥🔥GRABITY🔥🔥 🚀NEW PARADIGM OF INTERNET🚀 💰350,000,000GBT💰🔴
by
Croosss123
on 25/01/2019, 17:28:25 UTC
So, if the data and its history are important to the digital relationships they are helping to establish, then blockchains offer a flexible capacity by enabling many parties to write new entries into a system of record that is also held by many custodians.
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Re: 🔴[BOUNTY] 🔥🔥GRABITY🔥🔥 🚀NEW PARADIGM OF INTERNET🚀 💰350,000,000GBT💰🔴
by
Croosss123
on 25/01/2019, 17:18:21 UTC
Like etching something in stone, paper documents have certain permanence.
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Re: 🔴[BOUNTY] 🔥🔥GRABITY🔥🔥 🚀NEW PARADIGM OF INTERNET🚀 💰350,000,000GBT💰🔴
by
Croosss123
on 25/01/2019, 17:13:35 UTC
And simple as that:
As a result, it enables the creation of new digital relationships.
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Re: 🔴[BOUNTY] 🔥🔥GRABITY🔥🔥 🚀NEW PARADIGM OF INTERNET🚀 💰350,000,000GBT💰🔴
by
Croosss123
on 25/01/2019, 17:08:06 UTC
The Ethereum Virtual Machine then executes smart contracts in bytecode, or a series of ones and zeroes that can be read and interpreted by the network.
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Re: 🔴[BOUNTY] 🔥🔥GRABITY🔥🔥 🚀NEW PARADIGM OF INTERNET🚀 💰350,000,000GBT💰🔴
by
Croosss123
on 25/01/2019, 16:31:52 UTC
3. Provide utility to other contracts (similar to how a software library works)
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Re: 🔴[BOUNTY] 🔥🔥GRABITY🔥🔥 🚀NEW PARADIGM OF INTERNET🚀 💰350,000,000GBT💰🔴
by
Croosss123
on 25/01/2019, 16:26:00 UTC
Ethereum allows developers to program their own smart contracts, or autonomous agents, as the ethereum white paper calls them.
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Re: 🔴[BOUNTY] 🔥🔥GRABITY🔥🔥 🚀NEW PARADIGM OF INTERNET🚀 💰350,000,000GBT💰🔴
by
Croosss123
on 24/01/2019, 16:53:13 UTC
How smart contracts work
Its worth noting that bitcoin was the first to support basic smart contracts in the sense that the network can transfer value from one person to another.
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BoardBounties (Altcoins)
Re: 🔴[BOUNTY] 🔥🔥GRABITY🔥🔥 🚀NEW PARADIGM OF INTERNET🚀 💰350,000,000GBT💰🔴
by
Croosss123
on 24/01/2019, 15:28:07 UTC
Ethereum is a platform thats built specifically for creating smart contracts.
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BoardBounties (Altcoins)
Re: 🔴[BOUNTY] 🔥🔥GRABITY🔥🔥 🚀NEW PARADIGM OF INTERNET🚀 💰350,000,000GBT💰🔴
by
Croosss123
on 24/01/2019, 15:12:23 UTC
Yeah, what about them? How do they work?
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BoardBounties (Altcoins)
Re: 🔴[BOUNTY] 🔥🔥GRABITY🔥🔥 🚀NEW PARADIGM OF INTERNET🚀 💰350,000,000GBT💰🔴