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Just like the largest cryptocurrency, bitcoin (BTC), ether can be used to send payments directly to another person without the need for an intermediary.The long-term vision for Ethereum is to power more than just financial transactions.

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ETH is unique in its ability to fill the role of a capital asset, consumable/transformable asset, and as a store of value.The innovative qualities of Ethereum have led to an explosion of new digital assets in the Smart Contract Platform (SCP) sector.

online earning safe experts tax saving ✌️【Capital】✌️From ₹500 to massive profits. Start investing now for high returns!This blog post takes a brief look at the Smart Contract Platform sector, its significance as a digital asset sector and how CoinDesk Indices is setting standards that define this sector.Smart contracts are computerized blockchain protocols that execute terms of a contract.

online earning safe experts tax saving ✌️【Capital】✌️Get started with ₹500 and unlock huge returns every month.Smart contracts represent computer codes ensuring that when both parties meet the terms of the contract they will execute automatically, allowing for trustless, peer-to-peer transactions.

online earning safe experts tax saving ✌️【Capital】✌️Start with ₹500 and earn reliable, high returns each and every month!SCP assets are designed for the building of decentralized applications, layer 2 scaling systems, decentralized autonomous organizations (DAO) and other custom protocols.Every platform has a unique open-source user and miner incentive structure that utilizes the Byzantine Fault-tolerant (BFT) consensus mechanism.

Every platform also utilizes a native token for the payment towards building on the platform, providing liquidity and allowing interoperability between the native token and the newly created tokens built on the platform.In December 2021, CoinDesk Indices launched its Digital Asset Classification Standard (DACS) to set the standard for defining the industries of digital assets.

Every one of the top 500 digital assets by market capitalization is assigned to an industry defined by DACS.

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Finally, at least one industry group is assigned to a sector.The SCP sector is the second-largest sector in DACS, with 88 assets representing over 35% of the digital asset market worth approximately $750 billion in market capitalization as of March 31, 2022.

In addition to the SCP sector, DACS offers five other sectors: Currency, Computing, Culture & Entertainment, DeFi (Decentralized Finance) and Digitization.

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online earning safe experts tax saving ✌️【Capital】✌️Start with ₹500 and achieve up to 100% monthly returns. Simple, safe, and highly profitable.Smart contract platforms tend to have their own blockchains and consensus mechanisms, but it is disputable how to classify tokens with smart contract capabilities, depending on whether they are used for specific applications or not intended to build dapps (decentralized applications).

online earning safe experts tax saving ✌️【Capital】✌️Start with as little as ₹500. Safe and smart fund investments to grow your wealth.There are also debates on whether smart contracts need to be decentralized and whether a permissioned blockchain can be classified as smart contract platform.The Multi-Chain/Parachain industry includes smart contract platform assets that enable multiple parallel blockchains and cross-chain interoperability.

online earning safe experts tax saving ✌️【Capital】✌️Start at ₹500, enjoy reliable and high monthly returns. Your financial growth starts here!The platform can be structured with a relay chain that allows slots for external parallel chains, or parachains.The Single Chain industry includes layer 1, or base, blockchain in which all transactions are recorded on the primary distributed ledger.online earning safe experts tax saving Earn Consistent Returns with Proven Investment Strategies