What is a Smart Contract?
There are many definitions for smart contracts: my favorite (from recollection, Richard Brown) is
A smart contract is one where the control of assets is managed by a computer
- Smart contracts are executable business logic and data, written in a computer language
- Smart contracts can run on a public block-chain / distributed ledger that is de-centralised
- The block chain is secure.
Ethereum How the Internet Was Supposed to Work
Am currently attending the Consensus 2015 Makeathon where I found out about Ethereum, a…
decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.
Here’s an idea that was not used in our team for anyone out there to take and run with: Good News Generator.