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@aa21
Created August 14, 2015 06:40
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Blockchain
- Anything that can be mathematically represented
- can be modelled
- secured
- traded
Privacy:
- Info, Identity, Funds are private
Contract: Program that runs everytime a message called a transaction is received
- store data
- send receive <transactions>
- interact with other contracts
- independent of control
- maintained by network
Transaction
DAO: Decentralized Autonomous Organization
- Collection of <contract>
- Funded by individuals
- Operates Transparently
- Operates Independently
- Without human meddling
- even by it's creators
- Stays on network as long as it
- is useful
- covers it's survival cost
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