This is how we define “Smart Blockchain”; Any blockchain that uses smart contracts to verify transactions is a “Smart Blockchain.” In several previous articles, we reviewed the benefits of “Smart Blockchain” and explained the details of this idea for future blockchain use. But the next question is whether we can deploy a smart contract on an active blockchain (like Ethereium); To verify transactions without the need for miners? The answer is yes. In this article, we decide to create a smart Ethereum contract; Which can prevent it from “Double-Spending” its own tokens.
In this article, we first explain the method…
Horrible aviation accidents and incidents occur all over the world annually. After a plane crashes or explodes, usually, one of the most important issues is finding the plane’s flight recorder. Everyone is hoping it to be still intact and its stored data be retrievable. Unfortunately, this data is the only clue to discover the secret of the plane crash in many cases.
In this article, we will show that such important and vital data can be sent to one or more blockchain networks during flight, in addition to storing on the plane’s black box. Of course, the data encryption is…
Introduction: In this article, we are going to implement a simple and plain “smart blockchain” with Python language and compare it with a blockchain. We hope that by doing this, the main concepts and advantages of this technology will be more clearly specified and welcomed by the developers and the blockchain community. A Block Producer Smart Contract (BPSC) exists in a plain “smart blockchain” network. To make a successful transaction in the network, the sender must first transfer the cryptocurrency to the (BPSC) wallet, and immediately the (BPSC) will automatically send the same cryptocurrency to the final recipient’s wallet. This…
When I became acquainted with a variety of machine learning algorithms, I had a special feeling. I never realized that some mathematical concepts, such as the partial derivative of the function could be so useful and fruitful in everyday life. Of course, this excitement and interest soared after studying Deep Learning. The possibility of eliminating feature engineering in the Deep Learning algorithm raised my heartbeats. Now, even artificial intelligence engineers do neither be kept waiting for or need for feature engineering. They’re simply able to train computers by utilizing Deep Learning algorithms.
An English-speaker programmer can set up a very…
Recently we see the launch of different decentralized networks. The decentralized networks do not have the main server and work peer to peer. Meanwhile, we know that in a centralized social network such as Facebook, the big companies hold the title to the main servers which store the users’ digital records and exploit or potentially exploit this information. But this is different for a decentralized social network because the digital records of personal behavior don’t save anywhere, and abuse is also excluded. For this reason, this feature commonly referred to as an advantage of the decentralized social network, but in…
The electricity consumption of Bitcoin mining is really staggering. Cambridge University has recently launched an online system provides a real-time estimate of the total electricity consumption of the Bitcoin network and updated every 30 seconds. Usually, the yearly average of power consumption for all mining equipment is estimated to be between 50 to 70 terawatt-hours(TWh) per year. This figure exceeds the annual consumption of a country with ten million populations and costs billions of dollars. In this short article will show such significant cost is covering from what resource.
The authors of the article are Somayyeh Gholami and Mehran Kazeminia.
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The biggest achievement of smart contracts is that with the help of blockchain technology, they can only run independently their initial code. Since there is no possibility of human interference and tampering with functionalities or transaction results. But anyway, these contracts do not necessarily have the concept of intelligence or smart.
The authors of the article are Somayyeh Gholami and Mehran Kazeminia
The reputation as a SMART is not proportional to the reality of these contracts and is not a proper name. …
In this short article, we will show that despite it appears Bitcoin’s transaction fees are negligible, more than ninety-five percent of the cost of power consumed by miners, as well as miners’ remuneration, is not provided by the sender or transaction fee but winner miner’s reward, or the so-called Bitcoin mining. For this reason, to pay or not to pay the transaction fee has almost no effect on the subject. Of course, the consequence of paying the winner miner’s reward is specified exclusively by inflation, and unfortunately, this is not so tangible for most people.
From the very beginning, if…
The large parts of Iran have been flooding but reaching the contents of Telegram messenger’s channels (via bypassing Telegram filtering) have not diminished among Iranian users although the telegram has been filtered in Iran. Of course, bypassing the filtering for flood victims and the rest of Iranians is not easy and even it slows down Iran’s internet connection, which is already quite slow. So why do not people use other messengers like WhatsApp which is not filtered? In this article, we will discuss it and demonstrate that the Telegram is not just as a messenger for Iranians but it is…
Smart Blockchain is the new generation of Blockchain networks that will allow one or more smart contracts to collect accurate and flawless data from the successful transactions of a decentralized network at the moment of transaction occurrence, and simultaneously storing and registering these data in new blocks. Smart Blockchain needs neither the financial institution nor intermediary, in addition, there will be no task to do for miners and block producers in this technology. …
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