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The term ‘Smart Contract’ was coined by ‘Nick Szabo’, a famous cryptographer, in 1994. He put forth this concept of these self-executing contracts long before the advent of the Blockchain. Today, the Blockchain technology is the backbone of Smart Contracts.
Many cryptocurrency platforms support Smart Contracts. The most prominently used platforms are Ethereum, Bitcoin and Ripple. The Bitcoin implementation is limited in its scope. Moreover, the language used in the Bitcoin platform to program the Smart Contract is Turing-incomplete. Therefore, it is not considered as safe as Ethereum.
The Ethereum platform uses a specially designed language to program Smart Contract which is Turing-complete. Therefore, Ethereum is currently the most popular platform used for Smart Contracts.

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#informationtechnology #gadget #technology #repost #blockchain #cryptocurrency #bitcoin #cryptography #data #mining #datamining #datascience #smartcontracts #hyperledger #Linux #intel #IBM #blockchainnews #blockchaintech #blockchainrevolution #blockchaincommunity #blockchaintechnology #datascience #datamining#WebDesign#MobileApp#consultants#business#vcs#fundraiser
11 152 February 2019
The term ‘smart contract’ was coined by ‘nick szabo’, a famous cryptographer, in 1994. he put forth this concept of these self-executing contracts long before the advent of the blockchain. today, the blockchain technology is the backbone of smart contracts.
many cryptocurrency platforms support smart contracts. the most prominently used platforms are ethereum, bitcoin and ripple. the bitcoin implementation is limited in its scope. moreover, the language used in the bitcoin platform to program the smart contract is turing-incomplete. therefore, it is not considered as safe as ethereum.
the ethereum platform uses a specially designed language to program smart contract which is turing-complete. therefore, ethereum is currently the most popular platform used for smart contracts.

follow us:
twitter: https://twitter.com/passogen
linkedin: https://www.linkedin.com/company/passogen/

to know more
visit: http://www.passogen.com/

#informationtechnology #gadget #technology #repost #blockchain #cryptocurrency #bitcoin #cryptography #data #mining #datamining #datascience #smartcontracts #hyperledger #linux #intel #ibm #blockchainnews #blockchaintech #blockchainrevolution #blockchaincommunity #blockchaintechnology #datascience #datamining#webdesign#mobileapp#consultants#business#vcs#fundraiser
Let's talk about anonymity in Bitcoin.⁣
⁣
As you must be knowing, it is common to call Bitcoin an ⁣ ⁣ Hashtags:⁣ #bitcoin #anonymous #cryptography #cryptocurrency #mathematics #crypto #ethereum #monero #ripple #cryptotrader #blockchain #blockchaindev #developerlife #blockchaintech #bitcoinmining #bitcointrader #workethic #bitcoinentrepreneur #cryptominer #ethereumdev #educateyourself #collegeisascam #hyperledger #ibmblockchain⁣" title="Let's talk about anonymity in Bitcoin.⁣ ⁣ As you must be knowing, it is common to call Bitcoin an "anonymous" cryptocurrency. No one can know who is who on the Bitcoin network. ⁣ ⁣ BITCOIN IS FREEDOM *patriotic music plays* 🇺🇸🇺🇸🇺🇸⁣ ⁣ This is incorrect. There are ways in which people (read: the government) can track users on the network. You are known by your public key, but that doesn't mean your online actions cannot be traced back to who you are in reality. ⁣ ⁣ Blockchain based currencies are publically available and can be traced. You can check it yourself by visiting the website ➡️ blockchain.info⁣ Everything, from the start of the bitcoin blockchain to the last mined block is publically available to see. ⁣ ⁣ Hence, it's more apt to call the Bitcoin network PSEUDONYMOUS. It doesn't give you anonymity, it gives you pseudonymity 🎭⁣ ⁣ Pure anonymity might raise legal questions. It will make it difficult to trace in case someone uses BTC for malice. ⁣ ⁣ Whether or not e-cash should be anonymous is a topic of active debate. ⁣ Whatever it is, bitcoin works well! 😄⁣ ⁣ ⁣ ⁣ Hashtags:⁣ #bitcoin #anonymous #cryptography #cryptocurrency #mathematics #crypto #ethereum #monero #ripple #cryptotrader #blockchain #blockchaindev #developerlife #blockchaintech #bitcoinmining #bitcointrader #workethic #bitcoinentrepreneur #cryptominer #ethereumdev #educateyourself #collegeisascam #hyperledger #ibmblockchain⁣" style="width: 100%">
6 171 last month
Let's talk about anonymity in bitcoin.⁣

as you must be knowing, it is common to call bitcoin an "anonymous" cryptocurrency. no one can know who is who on the bitcoin network. ⁣

bitcoin is freedom *patriotic music plays* 🇺🇸🇺🇸🇺🇸⁣

this is incorrect. there are ways in which people (read: the government) can track users on the network. you are known by your public key, but that doesn't mean your online actions cannot be traced back to who you are in reality. ⁣

blockchain based currencies are publically available and can be traced. you can check it yourself by visiting the website ➡️ blockchain.info⁣
everything, from the start of the bitcoin blockchain to the last mined block is publically available to see. ⁣

hence, it's more apt to call the bitcoin network pseudonymous. it doesn't give you anonymity, it gives you pseudonymity 🎭⁣

pure anonymity might raise legal questions. it will make it difficult to trace in case someone uses btc for malice. ⁣

whether or not e-cash should be anonymous is a topic of active debate. ⁣
whatever it is, bitcoin works well! 😄⁣

</> ⁣

hashtags:⁣
#bitcoin #anonymous #cryptography #cryptocurrency #mathematics #crypto #ethereum #monero #ripple #cryptotrader #blockchain #blockchaindev #developerlife #blockchaintech #bitcoinmining #bitcointrader #workethic #bitcoinentrepreneur #cryptominer #ethereumdev #educateyourself #collegeisascam #hyperledger #ibmblockchain⁣
Lights. Camera. Blockchain.
Had a great discussion with team on events that led to the birth of this technology that is going to represent a fundamental upgrade to the economic systems of the world. #Quillhash #QuillAudits #Blockchain #Cryptocurrencies #Bitcoin #Ethereum #BTC #ETH #Hyperledger #BigchainDB #Cosmos
6 142 December 2018
Lights. camera. blockchain.
had a great discussion with team on events that led to the birth of this technology that is going to represent a fundamental upgrade to the economic systems of the world. #quillhash #quillaudits #blockchain #cryptocurrencies #bitcoin #ethereum #btc #eth #hyperledger #bigchaindb #cosmos
Today we took a dummy cryptocurrency from the disney world- GoofyCoin to learn more about the mechanics of how an e-cash system is supposed to work 🗜️⁣
⁣
We started with someone who's in-charge of ⁣ ⁣ Hashtags:⁣ ⁣ #decentralized #cryptocurrency #bitcoin #litecoin #ether #ethereum #ibm #hyperledger #mathematics #cryptography #crypto #cryptodev #bitcoincore #cryptodeveloper #blockchaindev #blockchain #math #computerscience #csstudent #collegestudent #collegetextbook #notetaking #collegeisascam #educateyourself #onlinesafety #money" title="Today we took a dummy cryptocurrency from the disney world- GoofyCoin to learn more about the mechanics of how an e-cash system is supposed to work 🗜️⁣ ⁣ We started with someone who's in-charge of "printing" the cash, just like traditional currencies. ⁣ Let's call this person Goofy 🐾⁣ ⁣ Goofy prints all the coins. He does this by simply signing a statement that he is printing a certain amount of GoofyCoins. ⁣ Goofy can pass these coins on to his friends by signing a statement that he is now sending 10 GoofyCoin to Mickey. ✍🏻⁣ Mickey can later use these coins to buy coffee, this can be done by simply signing a statement that he is sending 2 GoofyCoin to the coffee shop owner.⁣ ⁣ Notice something? SIGNING a statement. ⁣ ⁣ DIGITAL SIGNATURES are an important part of crypto. They make sure that the funds are spent by the person who owns them and not by anyone else🔐 ⁣ ⁣ There's a problem though. Currently Mickey has 10 GoofyCoins. He can sign two statements, one saying that he is giving 10 GoofyCoins to Bob and another 10 GoofyCoins to Alice. ⁣ ⁣ 🚨He should not be able to spend the same money twice. This is known as the DOUBLE SPENDING problem. All cryptocurrencies have to deal with this. ⁣ ⁣ GoofyCoin was just a demo of how real cryptocurrencies should function and what the problems they deal with are. ⁣ ⁣ The next step is to find a way such that we can do everything that Goofy does in a DECENTRALIZED way.⁣ Way to go 🔥⁣ ⁣ ⁣ ⁣ Hashtags:⁣ ⁣ #decentralized #cryptocurrency #bitcoin #litecoin #ether #ethereum #ibm #hyperledger #mathematics #cryptography #crypto #cryptodev #bitcoincore #cryptodeveloper #blockchaindev #blockchain #math #computerscience #csstudent #collegestudent #collegetextbook #notetaking #collegeisascam #educateyourself #onlinesafety #money" style="width: 100%">
12 172 last month
Today we took a d***y cryptocurrency from the disney world- goofycoin to learn more about the mechanics of how an e-cash system is supposed to work 🗜️⁣

we started with someone who's in-charge of "printing" the cash, just like traditional currencies. ⁣
let's call this person goofy 🐾⁣

goofy prints all the coins. he does this by simply signing a statement that he is printing a certain amount of goofycoins.

goofy can pass these coins on to his friends by signing a statement that he is now sending 10 goofycoin to mickey. ✍🏻⁣
mickey can later use these coins to buy coffee, this can be done by simply signing a statement that he is sending 2 goofycoin to the coffee shop owner.⁣

notice something? signing a statement. ⁣

digital signatures are an important part of crypto. they make sure that the funds are spent by the person who owns them and not by anyone else🔐 ⁣

there's a problem though. currently mickey has 10 goofycoins. he can sign two statements, one saying that he is giving 10 goofycoins to bob and another 10 goofycoins to alice. ⁣

🚨he should not be able to spend the same money twice. this is known as the double spending problem. all cryptocurrencies have to deal with this. ⁣

goofycoin was just a demo of how real cryptocurrencies should function and what the problems they deal with are. ⁣

the next step is to find a way such that we can do everything that goofy does in a decentralized way.⁣
way to go 🔥⁣

</>⁣

hashtags:⁣

#decentralized #cryptocurrency #bitcoin #litecoin #ether #ethereum #ibm #hyperledger #mathematics #cryptography #crypto #cryptodev #bitcoincore #cryptodeveloper #blockchaindev #blockchain #math #computerscience #csstudent #collegestudent #collegetextbook #notetaking #collegeisascam #educateyourself #onlinesafety #money
🇷🇺 К нам с лекцией приехал специалист по безопасности Linux Foundation Hyperledger Дэвид Хасби. Рассказывает об открытом программном обеспечении, что такое Hyperledger и какие проблемы, связанные с блокчейн-технологиями, он решает. // 🇬🇧 We had a lecture from Linux Foundation Hyperledger security specialist - David Huseby. He is sharing his experience in open source software, as well as familiarizing us with #Hyperledger and what blockchain technology problems does it solve.

#innopolisu #innopolis #linux #иннополис #lecture
0 142 December 2018
🇷🇺 К нам с лекцией приехал специалист по безопасности linux foundation hyperledger Дэвид Хасби. Рассказывает об открытом программном обеспечении, что такое hyperledger и какие проблемы, связанные с блокчейн-технологиями, он решает. // 🇬🇧 we had a lecture from linux foundation hyperledger security specialist - david huseby. he is sharing his experience in open source software, as well as familiarizing us with #hyperledger and what blockchain technology problems does it solve.

#innopolisu #innopolis #linux #иннополис #lecture
Thank you to our amazing community! 🎉We're excited to share more news about Chelle Coin with all of you very soon!
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#chellecoin #chellecorp #chelleapp #chelleplatform #trading #finance #exchange #realestate #investment #blockchain #assetbacked #smartcontracts #cryptocurrency #hyperledger #finance #savings #investments #realestate #buy #sell #property #cryptocommunity #thankyou #followers
778 540 4 weeks ago
Perspective and Hindsight are a wonderful thing... use them to your advantage whenever possible... keep strong hands for the long game peeps... @hoodedsuburban 👍🏻🖖🏻🔥💥🚀 #loveforcrypto #ripple #interledger #xrp #cryptocurrency #crypto #hyperledger #liquiditeeeeh #cryptohodlers #fintech #xrpthestandard #cryptohodler #interledgerprotocol #ilp #blockchain #banking #internetofvalue #hodl #BAX #interoperability #internetofthings #iov #lovefor #loveformedia #babb #cryptonews #bitcoin #ethereum #w3c #iot
6 115 19 hours ago
Together we can achieve more. We can share ideas and collaborate with people from all over the World. Technology has made our lives so much Easier and so much Better..... Really, WHAT A TIME TO BE ALIVE!!!
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#positivevibes #positivity #collaborate #livelife #tech #connected #smile #technology #btc #eth #loveforcrypto #interledger #xrp #cryptocurrency #crypto #hyperledger #cryptohodling #fintech #cryptohodler #blockchain #banking #internetofvalue #hodl #interoperability #Marketcap #cryptonews #bitcoin #ethereum
11 118 last month
Together we can achieve more. we can share ideas and collaborate with people from all over the world. technology has made our lives so much easier and so much better..... really, what a time to be alive!!!
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#positivevibes #positivity #collaborate #livelife #tech #connected #smile #technology #btc #eth #loveforcrypto #interledger #xrp #cryptocurrency #crypto #hyperledger #cryptohodling #fintech #cryptohodler #blockchain #banking #internetofvalue #hodl #interoperability #marketcap #cryptonews #bitcoin #ethereum