IBAX presents outstanding smart contracts
IBAX as a new blockchain/crypto project with unique features boast of awesome smart contracts. Smart contracts are essential to IBAX Network. Similar to other blockchains, the advantage of using smart contracts in the on-chain processing logic and transactions is obvious. IBAX’s smart contracts are designed with unique innovation and differentiation. In order to improve the execution efficiency of virtual machines for such contracts, we have designed a new smart contract language Needle. Needle supports multi-layer contract nesting, a mechanism that enables running of multiple contracts in one contract and retrieval of parameter values from the contracts. Its implementation is similar to Golang, allowing developers to write contracts in an objectoriented way.
In special service scenarios such as delayed contracts triggered by satisfactory block height or logic, such contracts can make the service judgments more accurate and improve the service execution capabilities under unknown circumstances. IBAX contracts are omnipotent and can meet almost all your needs. Therefore, we implemented a strict classification of contract security and access control.
Developers grant smart contract permissions by adding a role with authorized permission to call smart contracts, and only members within this role group have the permission to use the contract. You also need to know that contracts have open permissions by default. Therefore, you need to grant contract permissions when implementing permissioned contracts.
Project links
Website: https://ibax.io
Global Partner Recruitment: https://forms.gle/uahzDWJcU4ifs4zFA/
Whitepaper: https://bit.ly/3fGERao
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