SMART CONTRACT - BIP148 - RIPPLE - BITCOIN NETWORK -

in #money • 7 years ago


SMART CONTRACT
payments are made using a series of ious, and the network is based on trust relationships. the network consists of payment nodes and gateways operated by authorities. is a payment network built on distributed ledgers that can be used to transfer any currency. Source + Source
BIP148
this is what processes all bitcoin transactions. the decentralized, peer-to- peer network which maintains the blockchain. Source + Source
RIPPLE
a smart contract can be used to define certain computational benchmarks or barriers that have to be met in turn for money or data to be deposited or even be used to verify things such as land rights. once signed it can never be altered. a two way smart contract is an unalterable agreement stored on the blockchain that has specific logic operations akin to a real world contract. Source + Source
BITCOIN NETWORK
it was designed to cause the existing segwit masf deployment to cause activation in all existing segwit capable node software. currently is 80% of the network nodes. bip148 is a user activated soft fork - uasf. Source + Source


SMART CONTRACT
a smart contract can be used to define certain computational benchmarks or barriers that have to be met in turn for money or data to be deposited or even be used to verify things such as land rights. once signed it can never be altered. a two way smart contract is an unalterable agreement stored on the blockchain that has specific logic operations akin to a real world contract. Source + Source
BIP148
it was designed to cause the existing segwit masf deployment to cause activation in all existing segwit capable node software. currently is 80% of the network nodes. bip148 is a user activated soft fork - uasf. Source + Source
RIPPLE
payments are made using a series of ious, and the network is based on trust relationships. the network consists of payment nodes and gateways operated by authorities. is a payment network built on distributed ledgers that can be used to transfer any currency. Source + Source
BITCOIN NETWORK
this is what processes all bitcoin transactions. the decentralized, peer-to- peer network which maintains the blockchain. Source + Source

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