consensus

Tag: consensus

Portable Smart Contracts

2018-11-21T08:10:47+00:00September 28th, 2018|Categories: consensus, dag, JSONata, programming|Tags: , , , , |

Why Smart ContractsSmart Contacts are the force that mediates the blockchain. They are the entry point to the blockchain — how to get value and processes on to a blockchain.What processes should be transferred to a blockchain? Certainly any process that needs accountability, trust or agreement between parties, or transfers value, or creates value. Note that this includes many processes that haven't been digitized [...]

The Rekoner Computational DAG

2018-09-28T05:02:43+00:00August 29th, 2018|Categories: coin, consensus, dag, intro, programming|Tags: , , , |

The Computational DAG (directed acyclic graph) directly mimics the programming model, using several innovations to create an unforgeable, persistent, and verifiable history of Contract execution. The DAG consists of Contracts, Actions, States, Inputs, Outputs, Signatures, and Coins. Object Keys and Object Hashes Object keys and object hashes form a unique linking structure in the DAG. Each object has a unique key. Some of the [...]