Problems & Costs of Smart Contract Development
▻https://hackernoon.com/problems-costs-of-smart-contract-development-e86e9446ba9e?source=rss----
Can your business afford it?Image by Gratisography.comThe problem with smart contracts is that most small and medium businesses are unable to implement smart contracts not only due to technological complexity but mostly because of their expensiveness. The costs for smart contract development are skyrocketing as there is an increasing demand for smart contract developers and contracts for ICOs.Why smart contracts are so great in the first place?Smart contracts, which are, actually, a self-executing code on #blockchain that automatically implements the terms of an agreement between parties or business logic. It’s basically an unbreakable agreement with predefined rules. In addition, smart contracts are deterministic which means the same output will be generated from a given initial (...)
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