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Smart Contracts News Monday, March 26 Blockchain technology, Smart contracts, Litecoin’s network & more…

Smart Contracts News TLDR / Table of Contents

  • Tennessee Passes Bill Recognizing Smart Contracts and Blockchain Transactions
    • The governor of Tennessee has signed a bill into law that recognizes “the legal authority to use blockchain technology and smart contracts in conducting electronic transactions.” The new bill also “protects the ownership rights of certain information secured by blockchain technology” under state law.
    • blockchain technology, smart contracts, ledger, ledger technology, ownership rights
  • Abra App To Use Smart Contracts on Litecoin’s Network
    • Abra is integrating Litecoin’s network into its app for enabling smart contracts. The Litecoin network will be used in the app for trading many other coins.
    • Litecoin’s network, smart contract, Charlie Lee, Abra app,
  • Reversing Ethereum Smart Contracts
    • This shows you how the Ethereum Virtual Machine works, and how to reverse engineer a smart contract.
    • smart contract, stack, function identifier, ,
  • The governor of Tennessee has signed a bill into law that recognizes the legal authority to use blockchain technology and smart contracts in conducting electronic transactions.
  • The new bill also protects the ownership rights of certain information secured by blockchain technology under state law.
  • Also Read:Hydro-Quebec Turns Down New Applications for Crypto Mining Operations – – The general assembly of the state of Tennessee has passed a new bill that legally recognizes transactions conducted using a blockchain, in addition to ownership rights pertaining to information secured by distributed ledger technology.
  • The bill defines blockchain technology as distributed ledger technology that uses a distributed, decentralized, shared, and replicated ledger, which may be public or private, permissioned or permissionless, or driven by tokenized crypto economics or tokenless.
  • The new bill will also recognize smart contracts defining such as an event-driven program, that runs on a distributed, decentralized, shared, and replicated ledger and that can take custody over and instruct transfer of assets on that ledger.

Tags: blockchain technology, smart contracts, ledger, ledger technology, ownership rights

  • Lee recently announced in his tweet that a mobile wallet / exchange Abra will be using Smart Contracts running on Litecoins network.
  • Charlie Leeoften mentions the relationship of Litecoin and Bitcoin as Silver to Gold, and that both networks have complemented each other in new technology adoption and growth.
  • Abra has chosen Litecoins network over Bitcoin Cash and other crypto-platforms due to its relatively more stable price and better network security.
  • It will let you to invest only in LTC, and you can have access to other cryptocurrencies using a smart contract incorporated on Abra using the Litecoin network.
  • Below is the tweet from Lee mentioning the reason for Abra to choose Litecoins network over Bitcoin Cash for integration.

Tags: Litecoin’s network, smart contract, Charlie Lee, Abra app,

  • Operands, operators, and function calls all get placed on the stack, and the EVM understands how act on that data and make the smart contract execute.
  • The dispatcher checks to see that the (or message data) you sent to the contract is at least 4 bytes long to make sure you are actually trying to communicate with a function!
  • A function identifier is always 4 bytes long, so if the entire message you send the smart contract is less than 4 bytes, then theres no function you could possibly be communicating with.
  • accepts as an argument an index within the calldata sent to the smart contract, and reads 32 bytes from that index, like so: – – pushes the 32 bytes it read onto the top of the stack.
  • This is in essence the dispatching part of the dispatcher: testing for equality between the calldata function identifier and all function identifiers in the smart contract.

Tags: smart contract, stack, function identifier, ,

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