atomic transaction as a digital smart contract

+1 vote
Can atomic transaction of assets in multichain  be considered as a "digital smart contract"?
asked Mar 2, 2016 by anonymous

1 Answer

+1 vote
It depends what you mean by "smart contract", since this phrase has been used in so many ways. But if you mean "smart contract" as in general-purpose computation a blockchain, then an atomic exchange of native assets in MultiChain can replace one of the uses that people often cite for these smart contracts. But it's a specific mechanism for a specific purpose, rather than using a general-purpose computation engine, and this preserves the performance advantages of bitcoin-style blockchains like MultiChain:
answered Mar 2, 2016 by MultiChain