2. Smart contract platforms
Enable decentralized applications and smart contracts (e.g., Ethereum, Binance Smart Chain).
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The IQ token 🧠
- The IQ token is a DeFi, NFT, and Oracle token centered around bringing the world’s knowledge on-chain from finance to art to data.
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The attributes of a Smart Contract
A smart contract functionality needs to be 3 things:
Deterministic: it gives the same output to a given input every single time.
Terminable: contracts by definition, must be capable of termination in a given time limit.
Isolated:
A Work in Progress
Cryptocurrencies are new and constantly improved due to their digital nature.
Blockchain, the revolutionary technology is now being applied to increasingly complicated work.
Example: Ethereum Blockchain work is a decentralized verification process for contracts.
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