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Byteball: A Decentralized System for Storage and Transfer of Value
Published6/3/2018
Last UpdatedSeptember 2022
Page22
Verified
When a contract is created on Byteball platform, it can be trusted to work exactly as agreed upon. Why? Because it is validated by multiple nodes on the decentralized network, which all follow the same immutable rules. The counterparty, even if it is a total stranger, has to behave honestly because only the rules have authority.
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