Ethereum and smart contracts

in #ethereum9 years ago (edited)

With the Flippening in everybody's minds at the moment I hear that Ethereum could take over from Bitcoin when the Market Cap catches up. Supposedly Ethereum is better technology because it is not primarily a currency or store of value. Ethereum is supposed to have these smart contracts built into the Block Chain. Now I am still struggling to actually see any real live examples of Ethereum contracts. I went to a website a while back and played with a few online smart contracts that had been uploaded. Most of them appeared to be just silly ponzi scheme games or gamling games that generally didn't work. Now I am happy to stand corrected if things have moved on from here. If so please post link to an example of a smart contract on the Ethereum Blockchain that can actually do something and is practical to use.

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Smart contracts are often used for crowdsales in ICO's. TenX for example was over in 7 minutes with 80 Million crowdfunding. It automates and simplifies the whole process if the code is flawless. But i think there are many more applications.

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