Search results
Results from the WOW.Com Content Network
In this interpretation a smart contract is any kind of computer program which uses a blockchain. A smart contract also can be regarded as a secured stored procedure, as its execution and codified effects (like the transfer of tokens between parties) cannot be manipulated without modifying the blockchain itself.
Blockchain as a service (BaaS) is an enterprise-level software service [1] that allows businesses to use cloud-based solutions to build, host and use their own blockchain apps, smart contracts and functions on the blockchain infrastructure developed by a vendor. Just like the growing trend of using software-as-a-service (SaaS) [2][self ...
Tokenomics is a term that refers to the study and analysis of the economic aspects of a cryptocurrency or blockchain project, with a particular focus on the design and distribution of its native digital tokens. [1][2] The term is a portmanteau of words token and economics. Key areas of interest include determining the value properties of the ...
Blockchain. A blockchain is a distributed ledger with growing lists of records (blocks) that are securely linked together via cryptographic hashes. [1][2][3][4] Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data (generally represented as a Merkle tree, where data nodes are represented by leaves).
Ethereum. Ethereum is a decentralized blockchain with smart contract functionality. Ether (abbreviation: ETH[a]) is the native cryptocurrency of the platform. Among cryptocurrencies, ether is second only to bitcoin in market capitalization. [2][3] It is open-source software.
Following the research stage, a startup technology company was founded to develop a blockchain network that would meet finance industry requirements. [4] [5] [3] In March, 2020, the AVA codebase (Developer Accelerator Program or AVA DAP) for the Avalanche consensus protocol was released as open-source and became available to the public. [6]
Polygon. Polygon (formerly Matic Network) is a blockchain platform which aims to create a multi-chain blockchain system compatible with Ethereum. As with Ethereum, it uses a proof-of-stake consensus mechanism for processing transactions on-chain. Polygon's native token is named POL. POL is an ERC-20 token, allowing for compatibility with other ...
Solidity is a programming language for implementing smart contracts [6][7] on various blockchain platforms, most notably, Ethereum. [8] Solidity is licensed under GNU General Public License v3.0. [9] Solidity was designed by Gavin Wood [10][non-primary source needed] and developed by Christian Reitwiessner, Alex Beregszaszi, and several former ...