89/ It is regulated by central authorities & co's face severe penalties if any fraudulent activities are traced like corporate misconduct, pump & dump of penny stock in large quantities, false news, insider trading, etc.
80/ These changes are done by the nodes to increase scalability, speed, or any other quality of blockchain to pass it through an upgrade in its software or implementation.
There are 2 types of forks – Hard Fork and Soft Fork
76/ The fee & key both are respectively released when the date arrives. In case the key is not sent on time, the blockchain automatically releases a refund.
The system works on the conditional premise of “If” & “Then”.
70/ In the future, there is a very high chance that you can be a party to a smart contract. This means knowing the technicalities of a smart contract is essential for you.
68/ The creator of a project expects the funds to be given to them, if the funding goal is met, whereas the supporters want their money to go to the project or get a refund when it doesn’t reach the goal.
67/ Essentially, the fundraising platform is a trusted third party that sits between the project creators and their supporters. They charge a fee for being the middle man.
62/ In traditional contracts, you would have to go to a lawyer, broker, or government and pay them to get an important document, but in a smart contract, there is no middlemen.
Smart contracts can also function with digital signatures.
45/ Generally, the same framework is used for developing Altcoins as Bitcoin but with enhanced features including the better process of mining, cheaper & faster transactions.