What's The Point of Smart Contracts?

[crypto1010]

Ever since blockchain graced the tech world with its presence, smart contracts have been its most ground-breaking killer app. In fact, they have rapidly become a must-have innovation for businesses. This amazing piece of technology allows you to conduct transactions, make transparent deals, automate processes, exchange money, property, or anything of value – all without lifting a finger.

The dApp ecosystem is growing at tremendous speed. Decentralized applications are popular because they are open-source, decentralized and incentivized. Ethereum has allowed developers to run their dApps on top of Ethereum's network but unfortunately, the sheer amount of dApps has collapsed Ethereum's network a few times as the ETH blockchain can only handle a few transactions per second.

The need for more scalability and high transaction throughput is definitely growing. www.avalabs.org knows this and focuses on providing a dynamic smart contract platform that removes the need for forks using a community consensus system for upgrades.

AVA is a truly decentralized platform that allows users to vote and impact the network while providing developers with high transaction speed and scalability.

[tonymillions84]

Ethereum remains the best and number one platform to offer smart contracts. the point is to allow developers a free and a decentralized platform to create there app known as Dapp. the ethereum platform stands as the number one platform with that option. the rest can not mach up with ethereum.