Nobody wants to see the problem
A year ago, smart contact technology seemed to be something completely revolutionary for people from all over the world. It meant that we would not have to pay intermediaries anymore. Thousands of platforms were promising to implement smart contracts in almost every field of our lives, but all of them were just lying. In fact, they all were intending to implement the same technology without any kind of real changes or improvements.
We do not say that smart contract technology does not work. Such approach may even work out in case, if technology was perfect, so it did not need any improvements. However, smart contracts are pretty far from perfect and every team, which uses them, understand it. It appears that teams just wanted to get your money and then disappear without a trace.
In the same time, there were several teams, which are going to create new smart contracts and make this technology to work in other way. Some of them were pretty successful, but recent incidents had destroyed all their attempts. We are talking about security issues, which allowed scammers to steal millions of dollars in cryptocurrency equivalent. Moreover, today smart contacts are used for fraud and naive people keep believing that technology remains secure. Fortunately for every of us, Vena Network understand all the issues of modern smart contracts, so it is ready to present new approach – Vena kernel contracts.
Difference is bigger than you can imagine
First off, you need to understand that Vena has its own kernel. It means that network is not depended on any kind of third party technology. It is great news for Vena token holders, because they will never find themselves in satiation, which happened to the most of ERC-20 token holders. In addition, Vena token is able to grow even when BTC or ETH go down, because Vena is not based on any of huge blockchains.
However, let us get back to the kernel contracts. These contracts allow Vena to offer its users wide range of activities, because they are compatible with almost any law. It is possible because Vena Network offers users to create a lot of patterns. When you are using Ethereum smart contract, it may be pretty hard for you to change it without decent programming skills. When you are using Vena kernel contract, you just need to find pattern, which suits your need and fill it with required data.
In addition, smart contracts are usually use cryptocurrencies only, while Vena kernel contracts could be used in real life. There were a lot of platform, which had been offering smart contracts that could be used by banks and other fiat world organizations, but Vena Network seems to be the first project, which will implement them. By the way, if you have decent knowledge of laws, you can help the patter database to become wider by creating new patterns for Vena kernel contracts. Every time, when you contract is used, you will get generous reward. So what are you waiting for?
Vena Network website - http://vena.network/
Whitepaper: http://whitepaper-en.vena.network/
Telegram - https://t.me/vena_network
Author: https://bitcointalk.org/index.php?action=profile;u=459326
Author ЕТН: 0x9132c19FD7f9342026654Fead08FAF7FA9e0f8d7