I’ve designed a simple smart contract to tokenize the Lisa Mona, called Art.sol. Asset tokenization also makes it easy for investors to trade tokens as they deem fit. Hence, owning 1 token is equivalent to owning 1/1000 of the Lisa Mona, worth exactly $100,000 per token. Since retail investors do not have the funds to purchase the Lisa Mona in its entirety, the Lisa Mona can be represented by 1000 tokens on the Ethereum virtual machine. The Lisa Mona, a piece of artwork that costs approximately $100,000,000 is up for auction to small retail investors. You however should be able to run a light client on an HDD with minimal impact on. Even if you do wait it out, an HDD will not be able to keep up with the read/write requirements of transaction processing on mainnet. Smart contractsįractional ownership of a high value asset can be made possible via smart contracts. Doing a fast sync on an HDD will take more time than you’re willing to wait with the current data schema. npm install -g embarkĪlso you should install Metamask to simplify the interaction process later on. Once we’ve installed these dependencies, we can install Embark. The initial sync time refers to the time it takes a client to find peers on the network and download the historic network activity. By combining a popular framework called Embark with Chainstack’s capability to quickly deploy Ethereum nodes on the mainnet, smart contract deployment is as easy as sending an email.īefore continuing, you should install these dependencies: Instantly access 16 chains across a global node network, plus tools and APIs to help you build & scale high-quality blockchain applications Introducing QuickAlerts Power your apps with real-time updates for on-chain events. Have you ever tried to deploy an Ethereum node? Do you feel like “does Ethereum node ever sync”? Well, it has to sync from the genesis block and this may take quite some time, but don’t worry, we have a solution for you.ĭeploying a smart contract these days is easier than you think. This article first appeared in Hacker Noon.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |