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How does the smart contract work?

Interested in knowing how CrypScrow issues escrow smart contracts? A number of exchange platforms have found large success using smart contracts. This post will show you what smart contracts are and how they work in an understandable way. Misconceptions are that blockchain can’t run smart contracts. Let’s use the Ethereum blockchain to explain. Smart contracts, although it uses an open-source, don’t allow your funds to be twiddled by. WHAT IS THE PURPOSE OF SMART CONTRACTS? Why do people need contracts in the first place? Simply, they don’t trust people even with those they don’t have a purported agreement with. If you don’t trust the realtor down the street to sell your house without an agreement, would you trust a person you’ve never seen with the sale of funds online? ...

Your own marketplace

Privacy is most important, even in the least important matter. Money is, however, a sought after material; which is why at CrypScrow we`re working hard to bring you the safest cryptocurrency marketplace. Like in traditional markets, cryptocurrencies exchange forums allow traders to buy and sell by inputting a market order. With a market order, the trader controls the exchange to trade funds for a price depending on the stance of the trade; buyer or seller. However, unlike these marketplaces, CrypScrow brings a little twist with your personal, private messages encrypted into your offline browser. Smart escrow contracts between traders are encrypted as well. How my privacy is kept private on CrypScrow? This post will focus on how CrypScrow works technically. Although, traders do not require ...

The Problem

Cryptocurrencies have taken a high jump over the years, with significant ever-increasing popularity, coupled with increasing acceptability in quite a few markets. Cryptocurrencies are excellent as a method of remote payment. It could end up a competitor to credit cards or even become an alternative. This is a better way to receive and send payment. Cryptocurrency is a concept edging its way into the mainstream, hence, the digital currency has its enemies; real people or notions. Let’s consider two Cryptocurrencies and their obstacles; Bitcoin and Ether. Bitcoin was the first cryptocurrency to be ever launched. Despite its sudden boom in recent times, it`s not free from troubles. One of which is the centralization of the currency. Although Bitcoin was built with good intentions, certain ben...