Blockchain: where you can enter into smart contracts for different cryptocurrencies (Topic)

Ethereum is an open blockchain platform. It is most likely suitable for creating smart contracts and implementing the process of working with them.

It is possible to write any program, but it should be borne in mind that the computing system of the platform is paid, so to use it, you will need to pay with ETH coins.

NXT

NXT is a public blockchain platform, but it has a limit on the number of smart contract samples. This fact suggests that resources are limited, you can use only what is there, and there is no possibility of writing your own code.

Bitcoin is organized as the best blockchain system for carrying out the process of transferring cryptocurrencies called bitcoins. However, there are limitations when working with documents.

Side Chains

Side Chains is the name of another blockchain platform accompanying Bitcoin. They are able to provide more options when working with contracts.

Conclusion

We really hope that the information provided in this article has made it easier to understand the structure of smart contracts. This technology has its drawbacks, however, it is more superior in comparison with centralized systems.

Some states of the first echelon are already engaged in designing tools for smart contracts. The popularization of smart contracts will have a positive impact on the growth of the Ethereum rate.

The Topic of Article: Blockchain: where you can enter into smart contracts for different cryptocurrencies.
Author: Jake Pinkman