Doctailor — Self Customisable Smart Contracts & Agreements on the Blockchain

in #doctailor6 years ago

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DocTailor is a unique self customizing smart legal contract platform, that allows, lawyers, individuals and organizations to send and create legal tailor-made smart contracts and agreements on the blockchain without developer experience.Bridging the gap between the trillion dollar crypto economy market.

Handy links:

More clarity please

DocTailor is a unique self customizing smart legal contract platform, that allows, lawyers, individuals and organizations to send and create legal tailor-made smart contracts and agreements on the blockchain without developer experience.
Something that took me a while to read, process and understand one fundamental difference.

DocTailor does not automate smart contacts. It would not make any sense — one cannot just remove a piece of Solidity code hoping that the program will still work.

My understanding, based on how difficult automatic code generation is — it’s the human language phrases that are suggested and then put on the Blockchain.

Am I right here?

I really wish it was described better and definitions were more obvious.

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The moment I do not understand the project - I'm building natural barriers. I consider myself fairly rational and fairly intelligent. If I cannot understand the main message of the project - I assume others will also have some struggles.

I really wish there was a proof of concept - something showing that the team can deliver. So far I didn't see such thing... But maybe it's just me - a guy who didn't raise any ICO money, a guy who has to work in a job ($10k per month is not bad) and... I'd much rather have my own freedom and flexibility. Dealing with all the projects to review is not my ideal situation.

Be careful when investing in crypto

There is no such thing as free money.

I cannot recommend highly enough this list: https://chrisdunn.com/50-crypto-trading-investing-lessons/

Chris Dunn drops nuggets of knowledge, it’s seriously good stuff. Some of my favourite picks:

  1. The best way to day trade cryptocurrencies is — DON’T!
  2. You WILL make every mistake in the book. Don’t beat yourself up when you make mistakes, just learn and try not to make the same mistake twice.
    I totally admit I made most of the mistakes on the list. Now I’m a little bit wiser and the more I know the more cautious and sceptical I become…

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Manage your private keys

Be careful how you keep your private keys and backups. Hardware wallets surely the best.

Quite seriously — you don’t want programs on your computer to have access to your private keys. Keeping private keys on a separate device is by far the best protection against a hack or a virus. Private keys never leave the device, they are used to sign the transaction that is then broadcasted to the network.

Markets are…

Markets can remain irrational a lot longer than you and I can remain solvent. — so you think printing Tether is a scam and crypto bubble will pop?

Ride the wave, trend is your friend.

Personally I don’t have energy for day trading, I just buy and hodl, or earn (directly in crypto) and hodl.

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Sure fire research questions

DYOR — do your own research, ask difficult questions. I wish everyone investing was asking these:

How much tokens issued pre-pre-pre-ICO for strategic investors, what is their discount, what is their lock-in period?

Check Bloomberg, Reuters, Fortune logos on the website — anyone can include an image, not everyone can get press coverage.

Check with advisors and partners — are they really committed to the project, did they update their LinkedIn?

DYOR — do your own research, it will save you a lot of stress. To have faith and confidence, to know that you did the work is a great feeling.

Handy links once again:

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