What are Upgradeable Smart Contracts? (Watch Video)

Written by andrarchy | Published 2021/06/19
Tech Story Tags: decentralization | crypto | cryptocurrency | koinos | smart-contracts | blockchain | koin

TLDR Koinos Group co-founder and Koinos blockchain architect Michael Vandeberg talks about upgradeable smart contracts. He explains why they're so important to avoid hard forks in the development of blockchains. Hard forks create a technical and political bottleneck that is highly disruptive to the operation of the network which massively handicaps the process of upgrading the system. Koinos is the first to use smart contracts to define the system itself and is a platform for smart contracts that can be used to solve practically any problem.via the TL;DR App

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Written by andrarchy | CEO of Koinos Group, creators of the Koinos blockchain
Published by HackerNoon on 2021/06/19