Smartcontract.
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๐จ $PYI ๐๐๐๐๐๐ :
๐๐ง๐ญ๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง :
โข Pyrin is a cutting-edge Layer 1 blockchain, that's trying to solve the blockchain trilemma with their innovative approach.
๐๐ก๐๐ญ ๐ข๐ฌ ๐๐ฒ๐ซ๐ข๐ง ?
โข Pyrin introduces a groundbreaking fair-launched GhostDAG implementation, aiming to establish a decentralized, high-throughput, low-latency transaction network.
โข Pyrin incorporates built-in smart contracts, secured by a resource-managing proof-of-work revolution. Pyrin operates on a blockDAG-based framework, embodying the principles of decentralization in the world of cryptocurrencies.
#PYI ๐๐จ๐ค๐๐ง :
โข $PYI was fair-launched in November 2023, with no pre-mine, pre-sales, or coin allocations.
#pyi ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ ๐ฎ๐ฌ๐๐ ๐๐ฒ ๐๐ฒ๐ซ๐ข๐ง :
โข ๐ฎ๐๐๐๐๐ซ๐จ๐ฎ: It offers an efficient and scalable solution for decentralized networks. With a directed acyclic graph (DAG) structure, GhostDAG eliminates orphaned blocks and achieves near-instant confirmation times.
โข ๐ฉ๐ณ๐จ๐ฒ๐ฌ3: BLAKE3 is an improved cryptographic hash based on BLAKE2. It boasts faster and consistent performance across platforms, supporting unlimited parallelism and scalability.
โข ๐ท๐จ๐ฐ๐พ : PAIW introduces a paradigm shift by reaping dual benefits. It not only enhances network security but also creates novel revenue models for miners while fostering synergies with AI service providers.
7๏ธโฃ ๐๐จ๐ค๐๐ง๐จ๐ฆ๐ข๐๐ฌ :
๐ท๐๐๐๐: $0.2139
๐ด๐๐๐๐๐ ๐ช๐๐: $36.5 million
PYRIN: #PAIW - #AI #pow , #Blake3, #Smartcontract. #HotTrends #Halving!
๐๐ง๐ญ๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง :
โข Pyrin is a cutting-edge Layer 1 blockchain, that's trying to solve the blockchain trilemma with their innovative approach.
๐๐ก๐๐ญ ๐ข๐ฌ ๐๐ฒ๐ซ๐ข๐ง ?
โข Pyrin introduces a groundbreaking fair-launched GhostDAG implementation, aiming to establish a decentralized, high-throughput, low-latency transaction network.
โข Pyrin incorporates built-in smart contracts, secured by a resource-managing proof-of-work revolution. Pyrin operates on a blockDAG-based framework, embodying the principles of decentralization in the world of cryptocurrencies.
#PYI ๐๐จ๐ค๐๐ง :
โข $PYI was fair-launched in November 2023, with no pre-mine, pre-sales, or coin allocations.
#pyi ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ ๐ฎ๐ฌ๐๐ ๐๐ฒ ๐๐ฒ๐ซ๐ข๐ง :
โข ๐ฎ๐๐๐๐๐ซ๐จ๐ฎ: It offers an efficient and scalable solution for decentralized networks. With a directed acyclic graph (DAG) structure, GhostDAG eliminates orphaned blocks and achieves near-instant confirmation times.
โข ๐ฉ๐ณ๐จ๐ฒ๐ฌ3: BLAKE3 is an improved cryptographic hash based on BLAKE2. It boasts faster and consistent performance across platforms, supporting unlimited parallelism and scalability.
โข ๐ท๐จ๐ฐ๐พ : PAIW introduces a paradigm shift by reaping dual benefits. It not only enhances network security but also creates novel revenue models for miners while fostering synergies with AI service providers.
7๏ธโฃ ๐๐จ๐ค๐๐ง๐จ๐ฆ๐ข๐๐ฌ :
๐ท๐๐๐๐: $0.2139
๐ด๐๐๐๐๐ ๐ช๐๐: $36.5 million
PYRIN: #PAIW - #AI #pow , #Blake3, #Smartcontract. #HotTrends #Halving!
Want to learn more about blockchain solutions? Matan Si, founder of Lightblocks Labs and core contributor at eOracle, will speak at Hack Seasons Brussels.
Register for free: https://lu.ma/hack_brussels
Come join us on July 7 to learn more about smart contract development, expand your knowledge of the blockchain ecosystem, and network with industry leaders.
#HackSeasons #blockchain #Smartcontract.
Register for free: https://lu.ma/hack_brussels
Come join us on July 7 to learn more about smart contract development, expand your knowledge of the blockchain ecosystem, and network with industry leaders.
#HackSeasons #blockchain #Smartcontract.
#DEFฤฐ stands for "Decentralized Finance."
It is a term that describes financial services and products built on #blockchaintechnolo without the involvement of traditional financial intermediaries, such as banks and brokers.
In traditional financial systems, all processes are controlled by centralized organizations (banks, exchanges). In DeFi, all operations are carried out through smart contracts on the blockchain. This eliminates intermediaries and reduces fees.
To clarify, smart contracts are software algorithms that automatically execute the terms of an agreement written in computer code. Essentially, they are contracts, but recorded as computer code.
Unlike traditional paper contracts, #Smartcontract. automatically verify and enforce agreements without intermediaries. All information about #transactions and smart contracts is publicly available on the blockchain.
It is a term that describes financial services and products built on #blockchaintechnolo without the involvement of traditional financial intermediaries, such as banks and brokers.
In traditional financial systems, all processes are controlled by centralized organizations (banks, exchanges). In DeFi, all operations are carried out through smart contracts on the blockchain. This eliminates intermediaries and reduces fees.
To clarify, smart contracts are software algorithms that automatically execute the terms of an agreement written in computer code. Essentially, they are contracts, but recorded as computer code.
Unlike traditional paper contracts, #Smartcontract. automatically verify and enforce agreements without intermediaries. All information about #transactions and smart contracts is publicly available on the blockchain.
What are smart contracts?
Smart contracts are lines of code that are stored on a blockchain and automatically execute when predetermined terms and conditions are met. At the most basic level, they are programs that run as theyโve been set up to run by the people who developed them.
What are the benefits of smart contracts?
Automation: Smart contracts automatically execute transactions and agreements when predefined conditions are met, reducing the need for intermediaries. Trust: The decentralized nature of blockchain technology ensures that smart contracts are immutable and transparent, fostering trust between parties. Security: Smart contracts are encrypted and distributed across a blockchain network, making them resistant to tampering and fraud. Accessibility: Smart contracts can be accessed and executed by anyone with an internet connection, enhancing global participation and inclusivity.Programmability: Smart contracts can be customized to execute complex business logic and workflows, offering versatility in various applications.
Let's write a simple Smart Contract ๐
Before writing a smart contract you need to have skills such as blockchain fundamentals, programming language, and development tools in the example below we are using Solidity one of the most common languages for writing smart contracts on the Ethereum platform.
The above contract implements the simplest form of a cryptocurrency. The contract allows only its creator to create new coins (different issuance schemes are possible). Anyone can send coins to each other without a need to register with a username and password, all you need is an Ethereum keypair.
In order to know all concepts in the code and improve your Solidity knowledge you can visit "docs.soliditylang.org"
What you can build using smart contracts?
Smart contracts enable a wide range of applications across various industries due to their programmable, self-executing nature. Here are some of the key applications you can build using smart contracts:
Decentralized Finance (DeFi)Decentralized Exchanges (DEXs): Platforms like Uniswap and SushiSwap allow users to trade cryptocurrencies without intermediaries. Lending and Borrowing Platforms: Services like Compound and Aave enable users to lend and borrow cryptocurrencies, earning interest or paying fees. Stablecoins: Cryptocurrencies pegged to stable assets (e.g., USDC, DAI) to reduce volatility. Yield Farming and Staking: Users can earn rewards by providing liquidity or staking tokens in various protocols. Gaming and NFTs Voting and GovernanceCross-Border Payments etc...
Wrapping up
Smart contracts revolutionize the way agreements and transactions are executed by providing automation, security, and transparency, eliminating the need for intermediaries and reducing costs. Their versatile applications across industries, from finance to supply chain management, demonstrate their significant potential to enhance efficiency and trust in digital processes.
#Smartcontract. #BlockchainSecrets #Solidity
What are the benefits of smart contracts?
Automation: Smart contracts automatically execute transactions and agreements when predefined conditions are met, reducing the need for intermediaries. Trust: The decentralized nature of blockchain technology ensures that smart contracts are immutable and transparent, fostering trust between parties. Security: Smart contracts are encrypted and distributed across a blockchain network, making them resistant to tampering and fraud. Accessibility: Smart contracts can be accessed and executed by anyone with an internet connection, enhancing global participation and inclusivity.Programmability: Smart contracts can be customized to execute complex business logic and workflows, offering versatility in various applications.
Let's write a simple Smart Contract ๐
Before writing a smart contract you need to have skills such as blockchain fundamentals, programming language, and development tools in the example below we are using Solidity one of the most common languages for writing smart contracts on the Ethereum platform.
The above contract implements the simplest form of a cryptocurrency. The contract allows only its creator to create new coins (different issuance schemes are possible). Anyone can send coins to each other without a need to register with a username and password, all you need is an Ethereum keypair.
In order to know all concepts in the code and improve your Solidity knowledge you can visit "docs.soliditylang.org"
What you can build using smart contracts?
Smart contracts enable a wide range of applications across various industries due to their programmable, self-executing nature. Here are some of the key applications you can build using smart contracts:
Decentralized Finance (DeFi)Decentralized Exchanges (DEXs): Platforms like Uniswap and SushiSwap allow users to trade cryptocurrencies without intermediaries. Lending and Borrowing Platforms: Services like Compound and Aave enable users to lend and borrow cryptocurrencies, earning interest or paying fees. Stablecoins: Cryptocurrencies pegged to stable assets (e.g., USDC, DAI) to reduce volatility. Yield Farming and Staking: Users can earn rewards by providing liquidity or staking tokens in various protocols. Gaming and NFTs Voting and GovernanceCross-Border Payments etc...
Wrapping up
Smart contracts revolutionize the way agreements and transactions are executed by providing automation, security, and transparency, eliminating the need for intermediaries and reducing costs. Their versatile applications across industries, from finance to supply chain management, demonstrate their significant potential to enhance efficiency and trust in digital processes.
#Smartcontract. #BlockchainSecrets #Solidity
