Solidity and the Ethereum Virtual Machine

Welcome to the first decentralized global computational machine. Over the past couple weeks I have been reading the Homestead release notes, the Solidity Documentation, watching youtube videos about Ethereum; really just an all out effort on trying to understand what this protocol is and why it is a technological successor to Bitcoin. In trying to [...]

Smart Contracts and Chains of Distributed Ownership

Blockchains and sidechains: decentralized and distributed store of value and transfer networks that consist of replicated, unalterable, and time-stamped transaction ledgers. Smart contract: a legally enforceable agreement written in computer code made by competent parties, to perform or not perform a certain act.  Contracts may be express or implied, bilateral or unilateral, executory or executed, and [...]

Decentralized Asset Exchanges

The next layer on top of the Bitcoin protocol is real time asset distribution information, consensus , and public ledger. Stocks, bonds, real-estate, escrow, microloans, gambling, crowdfunding and P2P contracts will be executed on decentralized networks. This has been referred to as colored coins or designated digital "contracts" by a new protocol named Ethereum. Ethereum [...]