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Smart Contracts News

What is a smart contract? Essentially, a smart contract is a decentralized method of confirmation or agreement. Parties can create a smart contract on a blockchain that requires a certain number of digital signatures before an action is carried out or funds are paid, thus removing third-party involvement. Entities can set up smart contracts to fit specific parameters and requirements. Nick Szabo is the father of smart contracts, originating the concept in the 1990s.

When it comes to a smart contract, Ethereum is often one of the main blockchains mentioned. Smart contract examples and use cases range from monetary transactions to supply chains, voting and much more. Different smart contract programming languages can apply, depending on the use case at hand.

Top News

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Gelato aims to simply DeFi by automating smart contract operations and helping users rebalance their portfolios.

Gelato raises $11M from heavyweight backers for Web 3.0 automation

2021-10-08T03:47:20+01:00

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Proposal 064 seeks to repair the token distribution bug introduced during Proposal 062 once and for all.

Compound unanimously passes proposal to repair bug

2021-10-07T17:16:27+01:00

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2021-10-06T22:30:00+01:00

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While Compound’s developers submitted a fix for the protocol’s bug on Thursday, the update won’t take effect until a seven-day time-lock on code updates has pas...

Compounding problems: $65M more COMP at risk as devs wait for time-locked bug fix

2021-10-04T04:04:49+01:00

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Smart contracts, especially for DeFi, are becoming a data-intensive industry. Oracle services are helping to bridge the gap.

Umbrella Network launches on Ethereum with cross-chain bridge to BSC

2021-10-01T16:45:00+01:00

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The Ethereum block producers accumulated $6.1 billion worth of ETH tokens after the Aug. 5 network upgrade.

Ethereum miners are hoarding a record $70B in ETH following EIP-1559 activation

2021-09-30T14:45:05+01:00

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Coti previously partnered with Cardano’s stablecoin hub Ardana to bring decentralized stablecoin payments to AdaPay.

Cardano to enable new DeFi stablecoin with Coti

2021-09-27T10:25:03+01:00

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As part of its partnership with Arca Labs, Securitize will help launch tokenized financial products for the firm, starting with Arca’s registered tokenized trea...

Arca Labs partners with Securitize on regulated, tokenized financial products

2021-09-24T06:07:34+01:00

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