Smart contracts are an important element of the blockchain revolution, although they predate blockchain. According to most sources, it was Nick Szabo who coined the term “smart contract” in the 1990s. The mechanism of a vending machine has since been frequently given as an example of a basic smart contract based on if-then logic. The payment into a vending machine triggers an … [Read more...] about Tech developments challenge legal community
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Losing track of daily crypto developments? Enter Coin News, a one-stop mobile app
Cryptocurrencies are infamously notorious for several reasons. There’s the scams, the politics, the in-fighting, the regulations, the pump and dumps, and the myriad other things that occur within the sector on a daily basis.But one reason remains understated—that of the steady pace of developments and new technological advancements introduced seemingly every hour. There are new … [Read more...] about Losing track of daily crypto developments? Enter Coin News, a one-stop mobile app
Around the Block #7: Understanding yield farming and the latest developments in DeFi
Coinbase Around the Block, sheds light on key issues in the crypto space. In this edition, Justin Mart explores the rapidly evolving DeFi landscape and the emergence of “yield farming”, as well as other notable news in the space.To participate in the emerging cryptoeconomy, sign up for Coinbase today.DeFi and the Yield Farming PhenomenonDeFi protocols exploded in all metrics … [Read more...] about Around the Block #7: Understanding yield farming and the latest developments in DeFi