will continue to gain notoriety in the space as it can do what Bitcoin cannot do; smart contracts, programmable money and decentralized applications. Ethereum has developed an incredible network...
Ethereum: Turing-complete, programmable money | cryptonomics
> Ethereum will be like a giant distributed computer that automates all sorts of useful financial processes Until some smartass comes around and figures out a way to do less usefull or even malic...
as binding, self-enforcing and self-executing statements. The use of the blockchain means that each contract is distributed across the network with time triggers agreed and written into the cont...
transaction occurring. This is obviously not particularly easy to wrap one’s head around. Cryptonomics mentions a few examples in this blog post: Savings accounts, peer to peer gambling, and ...