Zangelbert Bingledack
Well-Known Member
- Aug 29, 2015
- 1,485
- 5,585
http://www.ibtimes.co.uk/jeff-garziks-bloq-runs-smart-contracts-like-ethereum-plug-bitcoin-1561976
This looks a whole lot more viable for business use than Ethereum:
Bloq's smart contract application is a piece of software called Bloq Ora (short for oracle). It allows users to run their favourite programming language, Java, JavaScript, Python, C++, and write Turing-complete smart contracts on any blockchain.
Garzik told IBTimes: "It's essentially designed as an Ethereum plug-in for Bitcoin. But it has several qualities that make it, in my opinion, better than Ethereum, where you have to learn a new programming language, you have to download a new debugging software, new development tools, everything - sort of the ink is not yet dry.
...
"So you don't have to trust Bloq individually. You contact five companies running Bloq Ora and they each execute the smart contract in exactly the same fashion. Then you verify that at least three of five of those companies' Bloq Ora instances return the same answer.
"That's how you can create trust in a decentralised world; you have to look across organisational boundaries to provide users that full picture of security that they deserve."
This looks a whole lot more viable for business use than Ethereum:
Bloq's smart contract application is a piece of software called Bloq Ora (short for oracle). It allows users to run their favourite programming language, Java, JavaScript, Python, C++, and write Turing-complete smart contracts on any blockchain.
Garzik told IBTimes: "It's essentially designed as an Ethereum plug-in for Bitcoin. But it has several qualities that make it, in my opinion, better than Ethereum, where you have to learn a new programming language, you have to download a new debugging software, new development tools, everything - sort of the ink is not yet dry.
...
"So you don't have to trust Bloq individually. You contact five companies running Bloq Ora and they each execute the smart contract in exactly the same fashion. Then you verify that at least three of five of those companies' Bloq Ora instances return the same answer.
"That's how you can create trust in a decentralised world; you have to look across organisational boundaries to provide users that full picture of security that they deserve."