Icash blockchain raise12/13/2023 Many different bots can be created, or malicious actors in the real world with access to Keys or API’s, to attest to misinformation without proper systemic contestation, recourse or rectification. No sophisticated party would take the kind of execution risk that exists today with blockchain. And because Blockchain is permanent and immutable, the invalid transfer of my 5 bitcoin would be irreversible. you didn’t really review my article, just set up a bot to open the page and clap 4 times, but the smart contract would still pay you my 5 bitcoin. With just blockchain, Smart Contract parameters (and therefore payment) could execute erroneously, without parameters being met in the real world, i.e. That means no more accounts payable/receivable processing - a huge potential cost saving for businesses! The Smart Contract would hold the parameter of “Review the article” and the outcome “pay 5 bitcoin”, and will automatically pay you the 5 bitcoin when you’ve reviewed my article. Let’s say I’ll pay you 5 bitcoin to review this article. The parameters and the preset/agreed outcome are both stored immutably on the blockchain, waiting for a signal of its fulfillment to execute.Ī simple example would be the case where a Smart Contract is created to remit payment to a recipient when a particular action is done. The evolution of blockchain Smart Contracts opens new business opportunities by enforcing rules and automatically executing transactions when coded parameters are met. What if, for example, you have permanently tattooed the wrong person’s name on your arm? It would actually better if the record was NOT immutable, so you could go back and change it when needed. Primarily, what happens when you put the wrong information into an immutable record? Let’s not make the mistake of assuming that just because data is permanent, that it’s correct.Īn immutable ledger is not trustworthy if the data contributed to it is not reliable. While data storage in a blockchain is technically and mathematically trusted, there is still a significant obstacle in being able to actually use blockchain to innovate the many industries targeted. So when we say that Blockchain is going to change industries, yes we’re right, but really immutable data itself is not as helpful as we think. Immutable data storage - that’s it. Nobody can go back and say something was recorded when it wasn’t. The tokens, smart contracts, side-chains, lightning networks, automation, and hype, all stem from the “Trust by Computation” that makes recorded data immutable once it’s in a blockchain. Coinbase Pro CoinSpot Crex24 Deribit DFX.swiss FTX Gate.io Gemini HitBTC Huobi Indep.The only reason that blockchain is innovative is because it takes data, distributes it, and uses unbiased code to make sure everyone plays by the same rules in keeping or changing that data.Bibox Binance Binance US Bitfinex Bithumb BitMEX Bitpanda Bitpanda Pro Bitstamp Bittrex Bitso Bitvavo Bleutrade BTC Markets Bybit Celsius CEX Coinbase.Kraken Futures KuCoin KuCoin Futures Localbitcoins Luxor Mercatox MEXC Nexo NFTBank Northcrypto OKCoin OKX Phemex Pocket Bitcoin Poloniex Relai STEX SwissBorg Swyftx Tradeogre Uphold Voyager Yield App Zerion.Changelly Circle Coinbase Coinbase Pro CoinEx Coinmate Coinmerce Coinmetro Coss Crex24 Criptan Deribit DFX.swiss Digital Surge Gate.io Gemini Haru HitBTC Hodlnaut Hotbit Iconomi Idex Kraken.Bitpanda Bitpanda Pro Bitrue Bitstamp Bittrex BlockFi BSDEX BTC Markets BTCPay Bybit BYDFi Cake Defi Celsius CEX Abra Acx AscendEX Binance Binance US Bison Bitcoin Suisse Bitfinex Bithumb Glo.CHECKS: Missing Transactions Duplicate Transactions Validate Transactions Transaction Flow Report EASY TRACKING: Easy Enter Statistics.GAINS (Expert): Realized & Unrealized Gains Tax-privileged Coins (Short & Long) Roll Forward / Audit Report Trade Analysis Average Purchase Prices.BALANCE: Current Balance Daily Balance Balance by Exchange Balance by Currency Coins by Exchange NFT Center.TRADES: Trade Statistics Trade List Trade Prices Trading Fees Number of Trades Double-Entry List.
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