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Getting smart with Ethereum’s contracts » Brave New Coin

26 Jul Getting smart with Ethereum’s contracts » Brave New Coin

Posted at 16:04h in Ethereum News by

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In essence, a smart contract acts as a self-executing notary in a traditional contract – it witnesses the agreement between two parties and holds the money in escrow until the agreement is fulfilled.

As they’ve been touted to replace many middlemen jobs — clerks, insurance writers, even lawyers — writing smart contracts sounds like the domain of a programming prodigy or high-end tech firms. While there are firms offering the service, becoming proficient in writing smart contracts isn’t reserved for the Phd in computer science.

As it is still in its early days there is no guarantee the de facto official Ethereum language Solidity will survive, and this month the Ethereum Foundation released another (python-esque) language, Vyper, to update the security of smart contracts.    

Regardless of which ‘official’ language you choose, it will be an uphill task to learn them from scratch without having mastered the fundamentals of a universal language like Javascript or Python…

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