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Smart Contracts
A smart contract is a computer program or a transaction protocol that is intended to automatically execute, control or document events and actions according to the terms of a contract or an agreement. The objectives of smart contracts are the reduction of need for trusted intermediators, arbitration costs, and fraud losses, as well as the reduction of malicious and accidental exceptions. Smart contracts are commonly associated with cryptocurrencies, and the smart contracts introduced by Ethereum are generally considered a fundamental building block for decentralized finance (DeFi) and non-fungible token (NFT) applications. The original Ethereum white paper by Vitalik Buterin in 2014 describes the Bitcoin protocol as a weak version of the smart contract concept as originally defined by Nick Szabo, and proposed a stronger version based on the Solidity language, which is Turing complete. Since then, various cryptocurrencies have supported programming languages which allow for mo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Computer Program
A computer program is a sequence or set of instructions in a programming language for a computer to Execution (computing), execute. It is one component of software, which also includes software documentation, documentation and other intangible components. A ''computer program'' in its human-readable form is called source code. Source code needs another computer program to Execution (computing), execute because computers can only execute their native machine instructions. Therefore, source code may be Translator (computing), translated to machine instructions using a compiler written for the language. (Assembly language programs are translated using an Assembler (computing), assembler.) The resulting file is called an executable. Alternatively, source code may execute within an interpreter (computing), interpreter written for the language. If the executable is requested for execution, then the operating system Loader (computing), loads it into Random-access memory, memory and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fortune (magazine)
''Fortune'' (stylized in all caps) is an American global business magazine headquartered in New York City. It is published by Fortune Media Group Holdings, a global business media company. The publication was founded by Henry Luce in 1929. The magazine competes with ''Forbes'' and '' Bloomberg Businessweek'' in the national business magazine category and distinguishes itself with long, in-depth feature articles. The magazine regularly publishes ranked lists including ranking companies by revenue such as in the ''Fortune'' 500 that it has published annually since 1955, and in the ''Fortune'' Global 500. The magazine is also known for its annual ''Fortune Investor's Guide''. History ''Fortune'' was founded by ''Time'' magazine co-founder Henry Luce in 1929, who declared it as "the Ideal Super-Class Magazine", a "distinguished and de luxe" publication "vividly portraying, interpreting and recording the Industrial Civilization". Briton Hadden, Luce's business partner, was no ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Halting Problem
In computability theory (computer science), computability theory, the halting problem is the problem of determining, from a description of an arbitrary computer program and an input, whether the program will finish running, or continue to run forever. The halting problem is ''Undecidable problem, undecidable'', meaning that no general algorithm exists that solves the halting problem for all possible program–input pairs. The problem comes up often in discussions of computability since it demonstrates that some functions are mathematically Definable set, definable but not Computable function, computable. A key part of the formal statement of the problem is a mathematical definition of a computer and program, usually via a Turing machine. The proof then shows, for any program that might determine whether programs halt, that a "pathological" program exists for which makes an incorrect determination. Specifically, is the program that, when called with some input, passes its own s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bytecode
Bytecode (also called portable code or p-code) is a form of instruction set designed for efficient execution by a software interpreter. Unlike human-readable source code, bytecodes are compact numeric codes, constants, and references (normally numeric addresses) that encode the result of compiler parsing and performing semantic analysis of things like type, scope, and nesting depths of program objects. The name ''bytecode'' stems from instruction sets that have one- byte opcodes followed by optional parameters. Intermediate representations such as bytecode may be output by programming language implementations to ease interpretation, or it may be used to reduce hardware and operating system dependence by allowing the same code to run cross-platform, on different devices. Bytecode may often be either directly executed on a virtual machine (a p-code machine, i.e., interpreter), or it may be further compiled into machine code for better performance. Since bytecode instruct ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Turing-completeness
In computability theory, a system of data-manipulation rules (such as a model of computation, a computer's instruction set, a programming language, or a cellular automaton) is said to be Turing-complete or computationally universal if it can be used to simulate any Turing machine (devised by English mathematician and computer scientist Alan Turing). This means that this system is able to recognize or decode other data-manipulation rule sets. Turing completeness is used as a way to express the power of such a data-manipulation rule set. Virtually all programming languages today are Turing-complete. A related concept is that of Turing equivalence two computers P and Q are called equivalent if P can simulate Q and Q can simulate P. The Church–Turing thesis conjectures that any function whose values can be computed by an algorithm can be computed by a Turing machine, and therefore that if any real-world computer can simulate a Turing machine, it is Turing equivalent to a Turing ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Smart Contracts
A smart contract is a computer program or a transaction protocol that is intended to automatically execute, control or document events and actions according to the terms of a contract or an agreement. The objectives of smart contracts are the reduction of need for trusted intermediators, arbitration costs, and fraud losses, as well as the reduction of malicious and accidental exceptions. Smart contracts are commonly associated with cryptocurrencies, and the smart contracts introduced by Ethereum are generally considered a fundamental building block for decentralized finance (DeFi) and non-fungible token (NFT) applications. The original Ethereum white paper by Vitalik Buterin in 2014 describes the Bitcoin protocol as a weak version of the smart contract concept as originally defined by Nick Szabo, and proposed a stronger version based on the Solidity language, which is Turing complete. Since then, various cryptocurrencies have supported programming languages which allow for mo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Byzantine Fault Tolerance
A Byzantine fault is a condition of a system, particularly a distributed computing system, where a fault occurs such that different symptoms are presented to different observers, including imperfect information on whether a system component has failed. The term takes its name from an allegory, the "Byzantine generals problem", developed to describe a situation in which, to avoid catastrophic failure of a system, the system's actors must agree on a strategy, but some of these actors are unreliable in such a way as to cause other (good) actors to disagree on the strategy and they may be unaware of the disagreement. A Byzantine fault is also known as a Byzantine generals problem, a Byzantine agreement problem, or a Byzantine failure. Byzantine fault tolerance (BFT) is the resilience of a fault-tolerant computer system or similar system to such conditions. Definition A Byzantine fault is any fault presenting different symptoms to different observers. A Byzantine failure is the los ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cryptocurrency Wallet
A cryptocurrency wallet is a device, physical medium, program or an online service which stores the Public-key cryptography, public and/or private keys for cryptocurrency transactions. In addition to this basic function of storing the keys, a cryptocurrency wallet more often offers the functionality of encrypting and/or Digital signature, signing information. Signing can for example result in executing a smart contract, a cryptocurrency transaction (see "bitcoin transaction" image), Digital signature#Authentication, identification, or Electronic signature, legally signing a 'document' (see "application form" image). History In 2008 bitcoin was introduced as the first cryptocurrency following the principle outlined by Satoshi Nakamoto in the paper “Bitcoin: A Peer-to-Peer Electronic Cash System.” The project was described as an electronic payment system using cryptographic proof instead of trust. It also mentioned using cryptographic proof to verify and record transactions o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Economic Committee
The Joint Economic Committee (JEC) is one of four standing joint committees of the U.S. Congress. The committee was established as a part of the Employment Act of 1946, which deemed the committee responsible for reporting the current economic condition of the United States and for making suggestions for improvement to the economy. The JEC is currently chaired by Representative David Schweikert of Arizona Arizona is a U.S. state, state in the Southwestern United States, Southwestern region of the United States, sharing the Four Corners region of the western United States with Colorado, New Mexico, and Utah. It also borders Nevada to the nort .... Jurisdiction *Study the implications of the ''Economic Report of the President'' *Seek ways to coordinate programs involved in the ''Report'' *File an annual report relating to its study of these implications and programs with the Senate, the House of Representatives, and all Congressional committees having legislative duties re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
US Senate
The United States Senate is a chamber of the bicameral United States Congress; it is the upper house, with the U.S. House of Representatives being the lower house. Together, the Senate and House have the authority under Article One of the U.S. Constitution to pass or defeat federal legislation. The Senate also has exclusive power to confirm U.S. presidential appointments, to approve or reject treaties, and to convict or exonerate impeachment cases brought by the House. The Senate and the House provide a check and balance on the powers of the executive and judicial branches of government. The composition and powers of the Senate are established in Article One of the U.S. Constitution, which has been in continuous effect since March 4, 1789. Each of the 50 states is represented by two senators who serve staggered six-year terms. In total, the Senate consists of 100 members. From its inception in 1789 until 1913, senators were appointed by the state legislature o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stored Procedure
A stored procedure (also termed prc, proc, storp, sproc, StoPro, StoredProc, StoreProc, sp, or SP) is a subroutine available to applications that access a relational database management system (RDBMS). Such procedures are stored in the database data dictionary. Uses for stored procedures include data-validation (integrated into the database) or access-control mechanisms. Furthermore, stored procedures can consolidate and centralize logic that was originally implemented in applications. To save time and memory, extensive or complex processing that requires execution of several SQL statements can be saved into stored procedures, and all applications call the procedures. One can use nested stored procedures by executing one stored procedure from within another. Stored procedures may return result sets, i.e., the results of a SELECT statement. Such result sets can be processed using cursors, by other stored procedures, by associating a result-set locator, or by applications. S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Blockchain (database)
The blockchain is a distributed ledger with growing lists of records (''blocks'') that are securely linked together via cryptographic hashes. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data (generally represented as a Merkle tree, where data nodes are represented by leaves). Since each block contains information about the previous block, they effectively form a ''chain'' (compare linked list data structure), with each additional block linking to the ones before it. Consequently, blockchain transactions are resistant to alteration because, once recorded, the data in any given block cannot be changed retroactively without altering all subsequent blocks and obtaining network consensus to accept these changes. Blockchains are typically managed by a peer-to-peer (P2P) computer network for use as a public distributed ledger, where nodes collectively adhere to a consensus algorithm protocol to add and validate new transaction blo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
