The main features and advantages of thorium are that it is the first working version of a new digital asset class which will be widely adopted by governments and companies all over the world. It is also the foundation for a new “okenetic” currency, which will function as a legal tender with fractional ownership. This article provides an introduction to thorium and its underlying technology, i.e. the smart contract platform. The technology may have many other features, but they are all geared towards making the system more efficient and secure, both for its users and its developers.
The main idea behind etherium is to replace the need for centralized blockchains with a network of inter-blockchain transactions called “autonomia”. This idea underlines the ability of this software platform to run applications and run them in a completely fruitless environment. Basically, the system will allow anyone who wants to run an ethernet-based application to be able to do so without having to go through any kind of centralization. This feature is quite unique compared to other similar projects such as Dash and Zcash. However, this feature is not enough to make etherium superior from other project such as Vitalik Buterin’s ether classic.
Since its launch, thorium has been receiving a lot of attention from the community because of its unique design and implementation. By using the Mist browser, developers can prototype distributed applications and see how it functions from a user’s point of view. By running distributed applications, users will be able to experiment with the potential uses and effects of this smart trade platform without having to rely on developers to do it for them. The biggest advantage of using this software platform in combination with Mist is that users can easily test their ideas on live settings and play around with the system without having to deal with real money.
While all these points are valid, the big question still remains – how good is this new decentralized trade and auction software platform? One way to answer this question is to take a look at what etherium actually offers. The software platform provides a number of features that are pretty much unique when compared to other currencies in the market.
One of the most impressive and appealing features of this new trade of Etherium is its ability to provide its users with a really easy way to make and receive ether transactions. Because it doesn’t need the user to download any special programs or plugins in order to perform this operation, ether is able to run almost anywhere. The platform is compatible with major browsers such as Chrome, Safari and Firefox. Moreover, because this new decentralized trade and auction platform are built on top of the block chain, every transaction that is made on the platform will be visible to everyone, both users and ethereal entities called etheric agents.
While etherium is still in its earliest stages of development, the exciting thing about this new virtual currency is that anyone can use it without having to worry about how they will get their hands on ether. This feature makes it an excellent platform for testing out the distributed applications that will power the decentralizedachychain project. The best part about using this new currency during the test period is that users will be able to test out all the features of the protocol, while they continue to use their usual currency. In fact, the only difference that will appear is that they’ll be making transactions with ether instead of cash.
