Doctailor — Self Customisable Smart Contracts & Agreements on the Blockchain
Handy links:
- https://www.doctailor.com/
- https://www.doctailor.com/assets/pdfs/whitepaper-en.pdf
- https://bountyhive.io/browse/DocTailor
More clarity please
DocTailor is a unique self customizing smart legal contract platform, that allows, lawyers, individuals and organizations to send and create legal tailor-made smart contracts and agreements on the blockchain without developer experience.
Something that took me a while to read, process and understand one fundamental difference.
DocTailor does not automate smart contacts. It would not make any sense — one cannot just remove a piece of Solidity code hoping that the program will still work.
My understanding, based on how difficult automatic code generation is — it’s the human language phrases that are suggested and then put on the Blockchain.
Am I right here?
I really wish it was described better and definitions were more obvious.
Be careful when investing in crypto
There is no such thing as free money.
I cannot recommend highly enough this list: https://chrisdunn.com/50-crypto-trading-investing-lessons/
Chris Dunn drops nuggets of knowledge, it’s seriously good stuff. Some of my favourite picks:
9. The best way to day trade cryptocurrencies is — DON’T!
29. You WILL make every mistake in the book. Don’t beat yourself up when you make mistakes, just learn and try not to make the same mistake twice.
I totally admit I made most of the mistakes on the list. Now I’m a little bit wiser and the more I know the more cautious and sceptical I become…
Manage your private keys
Be careful how you keep your private keys and backups. Hardware wallets surely the best.
Quite seriously — you don’t want programs on your computer to have access to your private keys. Keeping private keys on a separate device is by far the best protection against a hack or a virus. Private keys never leave the device, they are used to sign the transaction that is then broadcasted to the network.
Markets are…
Markets can remain irrational a lot longer than you and I can remain solvent. — so you think printing Tether is a scam and crypto bubble will pop?
Ride the wave, trend is your friend.
Personally I don’t have energy for day trading, I just buy and hodl, or earn (directly in crypto) and hodl.
Sure fire research questions
DYOR — do your own research, ask difficult questions. I wish everyone investing was asking these:
How much tokens issued pre-pre-pre-ICO for strategic investors, what is their discount, what is their lock-in period?
Check Bloomberg, Reuters, Fortune logos on the website — anyone can include an image, not everyone can get press coverage.
Check with advisors and partners — are they really committed to the project, did they update their LinkedIn?
DYOR — do your own research, it will save you a lot of stress. To have faith and confidence, to know that you did the work is a great feeling.
