ICO END to END Services and Blockchain Smart Contracts in Malaysia
It's worth noting that bitcoin was first to support the basic smart contracts in the sense of that network can transfer the value from one person to another. The network of nodes will only validate transactions, if certain conditions are met. But, bitcoin is limited to the currency use case. By contrast, ethereum replaces bitcoin's more restrictive language (a scripting language of a hundred or so scripts) and replaces it with a language that allows developers to write their own programs. Ethereum allows ICO developers to program their own smart contracts, or 'autonomous agents', as the ethereum whitepaper calls them. The language is 'Turing-complete', meaning it supports a broader set of computational instructions. Function as 'multi-signature' accounts, so that funds are spent only when a required percentage of people agree. Manage agreements between users. say, if one buys insurance from the other. Provide utility to other contracts (s...