Zhuling Chen introduces the serious potential of side chains on a blockchain, for reducing the congestion that comes along with a higher volume of users, so that transactions are not slowed down. With this new technological infrastructure a parallel processing will be easier and allow a higher level of customization of dApps. It is the way to handle a high traffic and speed up the system.
Smart contracts work differently to what we’re used to, as they run and execute on the blockchain, not on your computer or smartphone, and this requires a change in thinking while writing code. Here are a few tips that should give you a clear idea of how to properly write smart contracts.
Decentralized applications (also called “dApps”) are quickly growing in popularity, despite the frequent challenges that come with early stage technologies. What is the current state of building Dapps? Do Dapps scale? Are they worthwhile to build? What are some common development considerations? Let’s evaluate the current maturity of this rapidly evolving ecosystem.
The success of the Blockchain technology has brought the idea of "Smart Contracts" back into focus. This article describes the functionality of current blockchain solutions and shows for which application scenarios they are suitable as smart contract platforms.
Solving the cybercrime problem is an important process of letting technology continue quality development. In terms of cybersecurity, blockchain technology offers much more than the usual centralized system or database.
The blockchain hype continues to haunt the world of technology. Meanwhile, numerous banks and software companies have also become aware of this and are trying to place corresponding products on the market. However, anyone who gains a deeper understanding and knowledge of blockchain technology will come to realize its disadvantages. Despite being regarded as a disruptive technology, it may be much more suitable for special applications rather than for the general public.