BLOCKCHAIN FOR NEWBIES
How major narratives of Ethereum and $ETH have evolved over time.
As security tokens and tokenized assets gain steam in the crypto ecosystem, clear infrastructure begins to form. As we previously covered in our Block by Block series on security tokens, these new instruments aim to tokenize the ownership of all assets, whether they are public and private equities, real estate, or precious metals — even things like art. Investors are clearly taking notice as they pump millions of dollars into projects that support the issuance, exchange, and custody of security tokens.
I am writing this blog to share our checklist and framework to audit every contract. This checklist can be applied to any smart contract but we use other strategies to ensure the security of smart contract based on the business logic of contract.
Dai is type of a stablecoin. The concept of a stablecoin is fairly straight forward — it’s a token (like bitcoin and ether) that exists on a blockchain. But unlike bitcoin or ether, it has no volatility. “How can something have no volatility, volatility is relative!” Good catch. The asset that Dai is trying to be stable relative to is the U.S. Dollar. So, to summarize, one Dai equals one dollar. Dai is set to be the first working consumer-grade stablecoin.
Transfer Gateway are collectively a set of gateways through which you can transfer your ERC721 (and soon ERC20) assets over to Ethereum mainnet and other smart contract chains.
How I learned to stop checking prices and love the struggle.
It’s pretty clear that a smart contract has vulnerabilities which are applied to all platforms. As we have Ethereum, smart contracts written on EOS require an audition before steps live on the mainnet. Sometimes fatal bugs in the agreement can get exploited if the deals are not battle tested enough. With this guide, we’re looking to help you avoid common pitfalls if you are working on the dApp on EOS.
You have probably heard that blockchain technology and "smart contracts" are going to revolutionize our lives.
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But there’s a problem: before smart contracts can do anything really useful, they need a reliable way to connect with events in the real world—and that has proved impossible so far. This is the so-called "oracle problem," a technological challenge that is still hampering any chance that blockchain will break out and become a part of our everyday lives.