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/biz/ - Business & Finance

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16316289 No.16316289 [Reply] [Original]

"Nomadic Labs is pleased to present a world first on a blockchain protocol. The National Gendarmerie (Center for Combating Cybercrime) has just implemented the first "smart contract" in the world coded by a government authority."

>> No.16316317
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16316317

>>16316289
Tezos = complimentary decentralised Euro/internet. This blockchain ticks all the boxes of something that the EU will adopt. Moreover, the French now run the ECB with Christine Lagarde. You can just see what's coming.

>> No.16316331

>>16316289
time to read the whitepaper

>> No.16316365
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16316365

>>16316317
What is the use case this solves?

>> No.16316385

>>16316365
French made programming language with the most secure smart contracts. Frenchies always want to use french made things

>> No.16316417

>>16316365
the mad gainz problem

>> No.16316893

>>16316365
Frees up fuckloads of collateral accross Europe while providing much more security - for starters. While smart contracts will help erase the excessive bureaucracy in the EU by automating much of the minuscule and inefficient workloads.

>> No.16317054

>>16316289
as always in france when you're from a ((certain religion)), your projects get approved by authorities much quicker
#nepotism

>> No.16317068

>>16317054
reeks of this

>> No.16317086

>>16317054
Meh, BMW is also using Tezos. Perhaps everyone merely wants superior security?

>> No.16317379

>>16317086
kidding btw, tz uses ocaml which was developped in france. the breitman are cool and smart people.
tz > ethereum

>> No.16317904

HOW MUCH TEZZIES TO MAKE IT? serious question.

>> No.16317924

>>16317904
I bought more yesterday and have 10K now. Hope this is enough

>> No.16318195

>>16317924
You will make it anon, if you don't sell too early.

>> No.16318565

Senpai.
Break this down for me, I just brought 200 USD worth incase it blows up.
Will it blow up?
The French will probably get into this hard right?

>> No.16318959
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16318959

>>16318565
It will likely blow up. Should probably get more than 200 though while the getting is good.

>> No.16319031

>>16318565
Not just the French, billions of $ in STO’s are being added to the blockchain.

Tezos is attractive to large clients because it has:

-Institutional-grade smart contracts
-Secure custody
-Upgradeability

https://medium.com/tezoscommons/security-tokens-on-tezos-why-tezos-4a7065f49a06

>> No.16319063

>>16319031
Is right now a decent buy-in price or should I wait for a retrace to around $1.16 level

I didn't look at Tezos because it felt like a FTM clone, apparently that is not the case at all, my mistake

>> No.16319097

>>16319063
anything below $2.00 will be considered a crime
similar to buying ETH below $10 in late 16 early 17

>> No.16319102

>>16319097
thank you anon

>> No.16319143
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16319143

scam coin

>> No.16319627
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16319627

>>16319143

>> No.16319781
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16319781

>security
>most secure
>>16316289
>>16316317
>>16316385
>>16316893
>>16317086
>>16317924
>>16319031
>>16319063
>secure platform
uhhh... incompetent devs launching bug riddled code
>We were not ready for Babylon, and Babylon was not ready for us
>There have been at least three new bugs found in Babylon since it became active just a few days ago.
>When Babylon first became active, nodes didn't know how to handle the operations in the mempool that were using the Athens format. This caused connectivity issues on the network for a few hours after the transition until a hotpatch could be released and bakers updated their nodes.
>Transferring from a KT1 account now expects to receive the amount in mutez instead of tz. 100000 mutez = 1 tz. See GitLab bug report here.
>The Babylon code uses integer division when calculating the block rewards, so a block that is missing only one endorsement receives as much reward as a block missing 16 endorsements.
>This means everyone is earning less than expected from baking rewards until this is fixed. The first mention I saw of this was shortly before Babylon activated, but it didn't get much of a response.
>This brings a few questions to mind:
>How is it that these bugs passed code review before even being submitted to the Tezos governance process?
> I.e. how come they were not caught through unit testing or other means of verifying the code was well written?
>How is it that these bugs were not discovered during testing phase? Did anyone actually test anything during testing phase?
> I feel some responsibility here because I didn't test anything.


>There have been some reports of wallets failing to display KT1 accounts at all after Babylon became active.
>Wallets that do show the KT1 accounts don't seem to have made it clear how to use them anymore.
>Transaction fees have increased by up to about 4x now that KT1 accounts are fully considered smart contracts.
muh secure smart fucking contracts... a monumental shitstorm of a project...

>> No.16319800

>>16319781
they called it fucking "babylon"? these kikes are brazen