Tag: Smart Contracts

Why We Use The ERC223 Token Standard

Ethereum’s creator, Vitalik Buterin, was first introduced to the cryptocurrency and Bitcoin space back in 2011. In that same year, Vitalik launched Bitcoin Magazine that would constantly post articles regarding the future of cryptocurrency. Afterward, he worked on some altcoins which were based on the Bitcoin codebase. After facing a few shortcomings with the Bitcoin blockchain while trying to build…

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Storing Wealth In A Digital Age

Introduction: We live in a very different world than even just a few years ago. With knowledge increasing every year, and technology making leaps and bounds, the world of finances is heading towards a realm that would be unrecognizable not too long ago. With the advent of blockchain technology and the fintech industry, the ability to own value which is…

What Is Ethereum? And How Does It Work?

What Is Ethereum? Ethereum is a decentralized platform which operates smart contracts which are run on a custom built blockchain, ie. Ethereum’s blockchain – it also allows for the building of decentralized applications. A blockchain is a decentralized (no central governance) shared public ledger (a distributed computing network), which contains continually updated and public records of all transactions on it.…