Let’s talk about Smart Contracts
by Shally America’s election is coming up next week. My mum wants Donald Barracks to win. My Dad wants Bama Trump to win. So both put $300 each into a digital wallet. We then code a contract with the following: If Donald Barrack’s votes > Bama Trump votes, then the digital wallet containing $600 will be given to mum. But if Bama Trump’s votes > Donald Barrack’s votes then the digital wallet containing $600 will be given to dad. The election has just been concluded. The system goes to the inte...
Let’s talk about Smart Contracts
by Shally America’s election is coming up next week. My mum wants Donald Barracks to win. My Dad wants Bama Trump to win. So both put $300 each into a digital wallet. We then code a contract with the following: If Donald Barrack’s votes > Bama Trump votes, then the digital wallet containing $600 will be given to mum. But if Bama Trump’s votes > Donald Barrack’s votes then the digital wallet containing $600 will be given to dad. The election has just been concluded. The system goes to the inte...
What is DeFi?, Everything you Need to Know
By ShallyAround the world, today, banks and financial institutions continue to be the powerhouse of transactions and revenues generated, stored, and collected. But this has been a major problem, why? Because it makes it extremely difficult for owners of these funds to have full autonomy or control over their assets. Banks take in cash deposits, make interest-bearing loans, and pay out some of what they receive as interest to depositors. Usually, they’ll rinse and repeat this profit-generating...
What is DeFi?, Everything you Need to Know
By ShallyAround the world, today, banks and financial institutions continue to be the powerhouse of transactions and revenues generated, stored, and collected. But this has been a major problem, why? Because it makes it extremely difficult for owners of these funds to have full autonomy or control over their assets. Banks take in cash deposits, make interest-bearing loans, and pay out some of what they receive as interest to depositors. Usually, they’ll rinse and repeat this profit-generating...
