Tag: Smart Contracts

Counterparty Has Reached Its Millionth Transaction

On Thursday, the smart contract protocol Counterparty reached its millionth transaction. Bitcoin Magazine received an update on the status of the project from Shawn Leary, the newly elected Counterparty community director. Counterparty was launched in January 2014 with the creation of its native currency,…

3 Smart Contract Misconceptions

One of the most promising developments in blockchain is the idea of smart contracts. First detailed by cryptographer Nick Szabo in his 1994 paper “Smart Contracts”, Szabo describes the concept as “a computerized transaction protocol that executes the terms of a contract”….