What can do?
allows its users to build and execute smart contracts and distribute autonomous applications all without third-party censorship making it extremely easy to set up and complete transactions. provides developers with a comprehensive set of tools to build decentralised applications. Think about that for a moment. There are no third-party interferences, which makes using this extremely empowering. The team behind are focussed wholly on continually improving the underlying infrastructure as the recent Constantinople upgrade demonstrated. This is a company that is in it for the long-term rather than ‘just cashing in the chips.’ This commitment is very reassuring and allows developers to operate with unparalleled freedom which cannot be matched by any centralised company.
A Simple Explanation of a Very Smart Contract
A popular feature of which will ensure it remains prevalent for a long, long time is a key technology called the smart contract. Essentially this means that you can exchange money, property, stock, or practically anything crucially without needing to employ a lawyer or notary dramatically cutting previously expensive third-party costs. This is what makes many people believe that is way superior to .
All that you have to do is deposit the digital currency for the specific product that you want. The transaction is fully automated, and if you don’t hold up your end of the bargain (or the seller), it doesn’t follow through to completion. It is in the spirit of if you don’t comply, will cancel the transaction. It’s as easy as that!
Summary
· Corruption free.
· Extremely reliable.
· Can be used for fundraising.
· No size limits.
· Masses of decentralised applications.
· Demonstrated security.
· Geographically available.
· A global digital currency with no centralisation, free from regulatory impact.
· Easy to fulfil the requirements of contracts in a speedy yet transparent manner.
The future is undoubtedly bright for , so bright in fact that its seeing mainstream as Samsung has included ERC20 capabilities in their flagship Galaxy S10 smartphone.
This exciting development means that Galaxy S10’s native crypto will feature , and more importantly allow users to add ERC20’s directly into the . Samsung is said to have integrated a full ERC20 because it believes the potential of technology far exceeds the current realm of payments.
Published at Wed, 13 Mar 2019 11:09:54 +0000
